77 ERIE STREET S, Chatham-Kent (Ridgetown)
$1,675,000
For sale: Multiplex
- Property type
- Investment
- Bedrooms / bathrooms
- 17 bathrooms
- MLS®
- MLS® X14119516
- Neighbourhood
- Ridgetown
Located near the University of Guelph, Ridgetown Campus, home to one of the province's leading Vet Tech programs, this property is a regularly fully occupied student rental generating over $200,000 in gross annual revenue. The property features two separate buildings with a total of 18 rental units, offering a unique combination of income, flexibility, and strong rental demand. The main building features 10 bachelor units, each with its own 3-piece bathroom and kitchenette, along with one 1-bedroom unit and a spacious 2-bedroom unit. The second building offers 5 full bathrooms and 6 individual bedrooms. This property also offers ample parking, 6 washer/dryer stations, FOB entry, and a full-size common kitchen. With strong student demand, excellent rental income, and a versatile layout, this is a fantastic opportunity for an investor looking for a turn-key, income-producing property.
Sold data
Homes in Chatham-Kent (Ridgetown) — recent sold market
Homes in Chatham-Kent (Ridgetown) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.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 77 ERIE STREET S
$4,900,000
Multiplex22109 PEMBROKE STREET, Moss Park, Toronto
$4,595,000
Multiplex112124 HARRIS CRESCENT, Brant, Burlington
$4,999,999
Multiplex259 LINDEN AVENUE, Brantford
$1,489,900
Multiplex9+293,500–5,000 sqft66 WELLINGTON STREET S, Corktown, Hamilton
$1,768,500
Other813-15 SECORD DRIVE, 443 - Lakeport, St. Catharines
$1,048,876
Detached5+1102,500–3,000 sqft212 CHARTWELL CIRCLE, Jerome, Hamilton
$3,850,000
Other1075 INDUSTRIAL ROAD, Tottenham, New Tecumseth
$1,799,000
Other8154 WILLIAM STREET, Victoria Harbour, Tay