172 & 178 WILLIAM STREET S, Chatham-Kent
$429,990
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® X13705856
- Neighbourhood
- Chatham-Kent
Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser.
Sold data
Homes in Chatham-Kent — recent sold market
Homes in Chatham-Kent took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 59, across 126 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $361,950.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $361,950
- Sale-to-list ratio
- 95.9%
- Sold above asking
- 7%
Based on 126 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 172 & 178 WILLIAM STREET S
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