trreb/IMG-X13785124_1f6156da-7a62-412f-b393-076758629ebb-l.jpg
47 days on Market

106 Lorne Ave, Chatham-Kent, Ontario N7M 1S1

Other
-
-
~9332 sqft
$749,999
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Other
-
-
~9332 sqft

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Highlights

Property Estimate

Days on market47 days

Estimated valueNot available

Price/Sqft$80/sqft

Monthly cost

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Description

125k/unit at going-in cap rate of 7.1%. Gross annual income $88,000. Purpose built 6-unit including 1 vacant (five 2 bedrooms & one 1 bedrooms). Building features revitalized common areas, renovated units and restored front entrance portico. Tenants pay Hydro. Updated Plumbing (2021). Updated Electrical (2021). Windows replaced (2022). Laundry on site, 6 Parking spaces. Building offers additional upside potential in a supply-constrained rental market.


Property Details

StyleApartment
View-
Age of property-
SqFt~9332 SqFt
Lot Size9,233 SqFt(103.75 x 89)
Parking Spaces6
MLS ®NumberX13785124
Community NameChatham
Data SourceTRREB
Listing byMYSAK REALTY INC.

Features

Heating: Baseboard
Cooling: N

Features

Lot size: 9,233 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Sep 15, 2026
ListedActive
$749,999
47 days on market
history photo preview14
Listing by trreb®
Property listed by MYSAK REALTY INC., Brokerage
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Market Data - Chatham

Geo Zone Map ThumbnailChatham

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

34 days

Compared to

2025

8 days

2024

15 days

2023

38 days

New Listings

Past 30 days

81 listings

Compared to

2025

130 listings

2024

80 listings

2023

83 listings

Units sold

Past 30 days

2 units

Compared to

2025

3 units

2024

3 units

2023

10 units

Median Sold Price

Past 30 days

$326,250

Compared to

2025

$305,000

2024

$170,000

2023

$225,000


Population and Demographics

Overview

Total population 42225
Average household income $97,645

Age (%)

0 to 19
21%
20 to 34
17%
35 to 49
17%
50 to 64
21%
65 and plus
23%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
2%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget