Triplex for Sale in Chatham, Ontario. Fully Furnished. Vacant Possession.
55 Grant Street — over 3,000 sq ft of multi-unit income property in Chatham. Previously operated as a triplex. Newer systems. Sold fully furnished.
Inside This Chatham Triplex — Every Unit, Every Space.
A Chatham Investment Property That Is Ready to Generate Income Without a Renovation List.
Most multi-unit properties for sale in Chatham at this price point come with a list. A list of things that need attention before a single tenant moves in. New roof. New windows. New flooring. Updated plumbing. That list costs money and costs time, and it is the reason most investors walk away before they ever get started.
55 Grant Street, Chatham, Ontario is a different story. The work has been done. Newer roof. Newer windows. Flooring throughout. Updated drywall, insulation, and plumbing. This Chatham income property has already absorbed the capital cost cycle and is ready to generate rental income without asking you to fund another renovation first.
Previously operated as a triplex, 55 Grant Street offers three distinct living spaces across 3,000+ sq ft. The main floor runs as a complete self-contained unit with two bedrooms, two 3-piece bathrooms, a 4-piece bath, an eat-in kitchen, a large living room, and in-suite laundry. The upper floor is a second complete rental unit with three bedrooms, a newly renovated 4-piece bathroom, its own kitchen and dining area, and a converted attic loft. In the basement, a separate-entry one-bedroom apartment with the layout in place and a roughed-in ensuite bathroom is ready for your finishes — depending on what you put into it, the completed unit could rent for approximately $800 to $1,100 per month inclusive. The two above-grade units transfer fully furnished, move-in ready for tenants from day one.
This Chatham multi-unit property is owner occupied with no tenants in place. There are no lease assignments to navigate, no existing tenancies to inherit, and no waiting period before you can act. Vacant possession at closing means you decide what happens next.
For the buyer looking to house hack in Chatham, the math is equally compelling. Move into the main floor unit, collect rent from upstairs and the basement once complete, and let your tenants carry the majority of your mortgage.
55 Grant Street in Chatham, Ontario is a 5+1 bedroom, 4.1 bathroom investment property listed at $499,000. Previously operated as a triplex, the property offers over 3,000 sq ft of living space across three distinct units, newer systems throughout, and a fully furnished sale. The upper unit features a newly renovated 4-piece bathroom. The property is owner occupied with no tenants in place — vacant possession at closing. The basement unit layout is in place with a roughed-in ensuite bathroom — depending on finishes, the completed unit could rent for approximately $800 to $1,100 per month inclusive. Listed with Meghan O'Brien and Danielle Simard, RE/MAX Preferred Realty. Contact Meghan O'Brien at 226-626-2828.
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Book a Private ShowingWhat Makes 55 Grant Street a Strong Chatham-Kent Income Property.
Every unit at 55 Grant Street transfers fully furnished. No setup cost, no sourcing, no delay. Tenants can move in the day you close.
Roof, windows, flooring, drywall, insulation, and plumbing have all been updated. No deferred maintenance. No surprise capital costs.
Two rent-ready above-grade units plus a basement apartment with a roughed-in ensuite. Three income streams from one Chatham address.
The basement unit has its own private entrance. Tenant privacy is built into the layout, not retrofitted after the fact.
A 92-foot double-wide driveway and a detached garage mean tenant parking is never a limiting factor or reason for vacancy.
No tenants in place. No lease assignments, no inherited tenancies. Vacant possession at closing — you set the terms from day one.
A fully fenced backyard increases tenant appeal and reduces turnover — one of the most underrated features in a Chatham rental property.
Three Rental Units at One Chatham, Ontario Address.
The Primary Unit
- 2 bedrooms
- Two 3-piece bathrooms
- 4-piece bathroom
- Eat-in kitchen
- Large living room (20x12)
- In-suite laundry
- Walk-in closet
The Upper Unit
- 3 bedrooms
- Newly renovated 4-piece bathroom
- Full kitchen and dining area
- Converted attic loft
- Separate living space
The Upside Unit
- 1 bedroom
- Roughed-in ensuite bathroom
- Separate private entry
- Layout in place — ready for your finishes
- Est. $800 to $1,100/mo inclusive when complete
Run the Numbers on This Property
Use these calculators to evaluate 55 Grant Street as an investment. All results are estimates based on the figures you provide. For a complete investment analysis specific to this property, contact Meghan directly.
What Investors Ask About 55 Grant Street Before They Book a Showing.
How much will it cost to finish the basement unit at 55 Grant Street?
The basement unit layout is in place and the ensuite is roughed in. Depending on finishes, the completed basement unit could rent for approximately $800 to $1,100 per month inclusive. That return window makes the finishing investment a straightforward decision for most investors.
What are realistic rents for a multi-unit property in Chatham Ontario right now?
Chatham-Kent's rental market is active and vacancy rates remain low. A multi-unit property of this size and configuration commands strong market rents relative to the acquisition cost. We can walk you through current comparable Chatham rental data specific to this property when you book a showing.
What does house hacking in Chatham Ontario actually look like with this property?
Move into the main floor unit. Rent the upper unit immediately. Finish the basement to your spec and add a third tenant at an estimated $800 to $1,100 per month inclusive. In a realistic scenario, two rental units in Chatham's market can offset the majority of your mortgage payment.
What systems have been updated at this Chatham investment property?
Roof, windows, flooring throughout, drywall, insulation, and plumbing have all been updated at 55 Grant Street. Gas forced air furnace and central air conditioning are in place.
Is 55 Grant Street Chatham zoned for multi-unit or triplex use?
The property is zoned UL(OC) within the Municipality of Chatham-Kent and was previously operated as a triplex. Buyers should confirm current zoning permissions with the Municipality of Chatham-Kent directly as part of their due diligence.
Chatham-Kent Investment Property Market Snapshot — 2026
Chatham-Kent investment property market data current as of May 2026. Contact Meghan O'Brien at 226-626-2828 for current comparable sales and rental rate data specific to 55 Grant Street.
Meghan O'Brien — RE/MAX Preferred Realty, Chatham-Kent Ontario
Listed and sold. Investor buyer from out of market. Property went conditionally in the first week.
Sold to my buyer, off-market. Full representation from search to close.
Listed and sold. Smooth transaction with a family relocating from outside Chatham-Kent.
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Common Questions About This Chatham Ontario Investment Property.
Is 55 Grant Street Chatham still available?
55 Grant Street is currently listed and active at $499,000. Contact Meghan O'Brien at 226-626-2828 or Danielle Simard at (519) 476-1976 to confirm availability and book a private showing through RE/MAX Preferred Realty.
What is the Chatham Ontario investment property market like right now?
Chatham-Kent remains one of the most accessible investment property markets in southwestern Ontario. Entry price points for multi-unit properties are significantly lower than comparable markets, rental demand is consistent, and vacancy rates are low.
Can I buy a triplex in Chatham Ontario for under $500,000?
Yes. 55 Grant Street is listed at $499,000 and offers up to three units of income potential across 3,000+ sq ft. Owner occupied with no tenants — vacant possession at closing. MLS# 26011804.
What is included in the sale of 55 Grant Street?
The sale includes all furniture and appliances throughout the property. TVs and personal belongings are excluded. This is a fully furnished sale, meaning every unit is move-in ready for tenants from the date of closing.
Who are the listing agents for 55 Grant Street Chatham?
55 Grant Street is co-listed by Meghan O'Brien (226-626-2828) and Danielle Simard ((519) 476-1976) with RE/MAX Preferred Realty Ltd., Brokerage in Chatham-Kent, Ontario. MLS# 26011804.
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