259 Wellington Street West

If you're on the lookout for a fantastic investment opportunity, then this Multi-Family Home for sale in Chatham is definitely worth your attention! Nestled at 259 Wellington Street West, Chatham, this Victorian masterpiece is a true gem that boasts a rich history dating back to 1904. With its stunning turret-style front, you can enjoy panoramic views of the city, and the abundance of natural light that floods the space is simply delightful.

This property is not just a house; it's a multiplex that offers a unique blend of business and residential potential. The Multi-Family Home for sale in Chatham features a total of 13 rooms, making it an ideal choice for those looking to run a business while also having the option to rent out the remaining units. The main floor currently houses a well-established salon, Form & Function, which has been a beloved part of the community since the early 90s. With a loyal clientele and a prime location, this business is a fantastic opportunity for any budding entrepreneur.

As you step inside this remarkable building at 259 Wellington Street West, Chatham, you’ll notice that it has been thoughtfully renovated to maintain its original character while providing modern conveniences. The rear of the main floor features a beautifully renovated one-bedroom unit with its own back entrance, perfect for a tenant or even as a private space for guests. This unit has been designed with style and comfort in mind, ensuring that anyone who stays here will feel right at home.

Moving up to the second floor, you'll find a fully self-contained unit that boasts two generously sized bedrooms, an updated kitchen, and a bathroom that has been tastefully modernised. The views from this floor are simply breathtaking, making it a lovely spot to unwind after a long day. Each unit in this Multi-Family Home for sale in Chatham comes equipped with its own kitchen, bathroom, and laundry facilities, offering convenience and privacy for all occupants.

The top floor features yet another brilliantly renovated unit that is filled with light, making it a cheerful space to live or work. Each of the units has been designed to maximise space and comfort, ensuring that they are not just places to stay but truly enjoyable homes.

While this property does not come with air conditioning, a pool, or a fireplace, it does offer central air heating and forced air, ensuring that you’ll be comfortable throughout the seasons. The property is unfurnished, allowing you to put your own stamp on it and create the perfect living or working environment. Although there is no garage or additional land, the property boasts ample parking space for up to 16 vehicles, which is a significant advantage in this bustling area.

This Multi-Family Home for sale in Chatham is also located in the S1 community, making it a desirable location for both business and residential purposes. The area is well-connected and offers various amenities nearby, ensuring that everything you need is just a stone's throw away.

In summary, if you're looking for a unique investment opportunity, this Multi-Family Home for sale in Chatham at 259 Wellington Street West, Chatham, is a must-see. With its charming Victorian architecture, multiple rental units, and prime location, it offers endless possibilities for business owners and investors alike. Don’t miss your chance to own a piece of history while creating a profitable venture. Come and see this masterpiece in person today!

S1 is a vibrant and welcoming neighbourhood nestled in the heart of Chatham, offering a unique blend of urban convenience and suburban charm. Characterised by its tree-lined streets and a mix of traditional and modern housing, S1 provides a sense of community while being just a stone's throw away from local amenities. Residents can enjoy easy access to parks, shops, and schools, making it an ideal location for families and professionals alike. The area boasts excellent transport links, ensuring that the bustling centres of London and Medway are within easy reach, while the historic charm of Chatham Dockyard and the scenic River Medway add to the locale's appeal. Whether you're seeking a quiet retreat or a place to engage with your neighbours, S1 offers a delightful environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Winston Churchill Public School, an English-language elementary school offering grades JK to 8, situated just 1.1 km away with a school rating of 5.3. For secondary education, Chatham Kent Secondary School is only 2.1 km from the property, providing both English and French instruction for grades 9 to 12, with a rating of 4.3. Additionally, McNaughton Avenue Public School, also an elementary institution, is 2.6 km away and offers French-language education from JK/SK to 8, with a rating of 5.1. Monsignor Uyen Catholic School, a Catholic elementary school, is located 2.7 km from the property, although it currently has a school rating of 0. Overall, the area boasts a variety of schooling options in both English and French, catering to diverse educational needs and preferences, ensuring that residents have access to quality education within a short distance from their home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 452 residents, characterized by an average household size of 1.8 individuals. The demographic profile reveals an average age of 42.3 years, with a significant portion of the population being single, comprising 60.76%. The average household income stands at $69,000, although 15.2% of the residents are classified as low-income. The housing market shows an average property price of $395,000, with a notable 57.78% of households renting rather than owning. Families with children represent 21.74% of the community, while immigrants account for 10.47% of the population. Education levels are relatively high, with 54.05% of residents holding a college or university degree. However, a considerable 32.43% of the population is not actively participating in the labor force. Interestingly, there are no condominiums in the area, indicating a potential focus on other types of housing. Overall, this community presents a diverse demographic landscape with a mix of educational attainment, income levels, and housing preferences, making it an intriguing location for potential homebuyers or investors.