368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

50 Lorne Avenue, Chatham-Kent, ON N7M 1R9

$349,000
  • Sale
  • Fourplex
  • 89 days ago
  • Updated: 2026-06-10

Property Overview

Property Type
Fourplex
Bedrooms
5
Bathrooms
4
Garage
1
Size
N/A
Age
N/A
Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motivated and open to offers, creating a strategic window for investors to acquire a well-located multi-unit property at a compelling value. Opportunities like this-combining location, income, and upside-are limited. Act quickly to secure this asset before it's gone.

Key Details

  • X12907100
  • 1
  • $349,000
  • Tenant
  • None
  • 4 + 4
  • 2-Storey
  • 5
  • 4
  • 2500-3000 Sqft
  • 6899.662 Acres
  • N/A
  • Fourplex
  • Sale

Additional Details

  • Forced Air / Gas
  • RL3
  • $3238
  • 2025
  • PT LT 1-2 BLK D PL 10 AS IN 616167; CHATHAM-KENT
  • N/A
  • N
  • 6899.662
  • Partially Finished
  • None
  • Municipal
Neighbourhood profile DA 35290279 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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Homes by decade.

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before tax

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median

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Education (ages 25-64)

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stable jobs

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per km²

5-yr stability

did not move

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since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the x12907100 - 50 Lorne Avenue, Chatham-Kent, ON N7M 1R9?

    The total square footage of this property is 2500-3000 SqFt.

  • What schools near to x12907100 - 50 Lorne Avenue, Chatham-Kent, ON N7M 1R9?

    The nearest schools are Burford District Elementary School for elementary and Assumption College School High School for secondary.

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