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Fourplex For Sale

$999,900

MLS® Number: 26013481

Year Built

1975

22 TAYLOR AVENUE, Chatham, Ontario

About This Property

A rare opportunity to acquire a very large, purpose-built 2-storey fourplex designed for strong cash flow, flexibility, and long-term wealth building. Each spacious unit offers 3 bedrooms with potential for a 4th bedroom in the basement, 1.5 bathrooms including a convenient main floor powder room, generous kitchen space, in-suite laundry, parking, and a private fenced yard with green space, ideal for families and long-term tenant appeal. This well-maintained, low-maintenance income property is separately metered for gas, hydro, and water, meaning no utilities need to remain in the landlord’s name. All major equipment is owned, including the updated furnaces, central air units, and hot water tanks, adding further peace of mind and reducing operating costs. Units 1 and 3 are occupied by long-term, stable tenants, providing steady existing income. Units 2 and 4 are currently vacant and being operated as high-producing short-term rentals, offering the new owner excellent flexibility to continue exploring lucrative Airbnb-style income or set market rents with new long-term tenants. With a strong unit mix, owned equipment, separate utilities, private outdoor space, and multiple income strategies available, this is a true turnkey investment opportunity for investors looking to add a high-performing fourplex to their portfolio. Buyer to verify all future intended uses, including short-term rental permissions.

Property Details

Interior Details

Cooling

Central air conditioning

Flooring

Parquet, Carpeted, Ceramic/Porcelain, Cushion/Lino/Vinyl

Heating

Natural gas, Furnace

Building & Exterior

Building Features

Laundry Facility

Exterior Features

Brick, Aluminum/Vinyl

Foundation Details

Block

Number Of Units Total

4

Parking Features

Other

Stories

2.0

Year Built

1975

Land & Location

Lot Size Dimensions

60' x 134'

Postal Code

N7L2T5

Listing & Financials

Listing Office

ROYAL LEPAGE BINDER REAL ESTATE

Originating System Name

Windsor-Essex County Association of REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Mortgage Calculator

20% ($199,980)
5.5%
25 Years

Estimated Monthly Payment

$4,912

Principal and interest only. Actual rates may vary.

Location & Map

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