463 KING Street W

SW, Chatham-Kent · MLS® 40734946

4,000 sq ft · House · Multi-family · built 1899 · 514 days on market

listed by Alex Labuda, International Realty Firm, Inc.

realtor's description

GRACE, CHARACTER, CHARM, AND INCOME WITH THIS HISTORIC HOME MAKE IT AN EXCELLENT CHOICE FOR AN OWNER OCCUPIED PLUS INCOME HOME. TURNKEY PROPERTY WITH 4 UNITS IN TOTAL PLUS COACH HOUSE FOR MORE INCOME POTENTIAL OR OWNERS PLAY HOUSE. CURRENTLY HAS A 7% CAP RATE WITH POTENTIAL FOR 9%. UTILITIES INCLUDED. INGROUND POOL OVERLOOKING CHATHAMS THAMES RIVER, WALKING DISTANCE TO DOWNTOWN. UPDATED ELECTRICAL AND FIRE CODE. GREAT OPPORTUNITY TO LIVE YOUR HISTORY AND HAVE INCOME TO ENJOY IT. VIEW TODAY!

property details

type: House, Multi-family
living area: 4,000 sq ft
parking: 8
year built: 1899
property tax: $8,025 / yr
days on market: 514
MLS®: 40734946

features

Southern exposure
Window Coverings
Microwave Built-in

monthly cost

$5,026/mo

Mortgage $4,357 · Tax $669

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,357/ monthly

loan $799,999

25-year amortization

down payment20% · $200,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $507,071
cash to close: $200,000; down payment; transfer tax and fees not included
total paid: $1,307,070

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.