320 Lafontaine Street

Introducing a remarkable opportunity with this Multi-Family Home for sale in Chatham-Kent, located at 320 Lafontaine Street, Chatham-Kent. This property presents an excellent investment prospect, especially for those looking to enter the thriving rental market in the area. The house is a multiplex styled as a charming 1 1/2 storey, featuring vinyl siding that adds to its aesthetic appeal. With a generous lot size of 50 x 100 feet, this property offers ample space for potential enhancements or outdoor activities.

At 320 Lafontaine Street, Chatham-Kent, you will find a well-structured layout comprising three bedrooms and two bathrooms. The design is practical, with two kitchens that provide flexibility for different living arrangements or the possibility of generating additional rental income. Each unit is separately metered, which is a significant advantage for managing utilities effectively. Although the property is currently unfurnished and requires some cosmetic repairs, it holds tremendous potential for those willing to invest a bit of effort.

This Multi-Family Home for sale in Chatham-Kent is situated in Wallaceburg, a community known for its vibrant atmosphere and high demand for rental properties. The location is particularly appealing, as it is in proximity to essential amenities and services, making it a desirable spot for tenants. The property boasts a family room, perfect for gatherings or relaxation, and a fireplace that adds warmth and character to the living space.

However, it is important to note that this property does not include a den or additional rooms, which may be a consideration for potential buyers. The absence of a central vacuum system and air conditioning may also require attention, but these factors can be addressed to enhance the living experience. Furthermore, the house does not have a pool, which may be a consideration for families looking for outdoor recreational options.

Parking is available with space for two vehicles, ensuring convenience for residents and guests alike. The driveway is accessible, providing ease of entry and exit from the property. The sewer system is connected, and municipal water is available, which is a significant advantage for any homeowner.

The basement of the property is a crawl space, which may limit storage options but does not detract from the overall functionality of the home. This Multi-Family Home for sale in Chatham-Kent is being sold "AS IS," and it is essential for prospective buyers to be aware that the closing date is set for January 5, 2026. This assignment sale presents a unique opportunity for investors to secure a property that, once cleaned up and stabilised, could project strong cash flow and solid returns in a growing rental market.

In summary, 320 Lafontaine Street, Chatham-Kent, is a promising Multi-Family Home for sale in Chatham-Kent that offers an array of features suitable for investors or families looking for a home with potential. With three bedrooms, two bathrooms, and two kitchens, this property is designed for functionality and versatility. The location in Wallaceburg adds to its appeal, making it a wise choice for those seeking to capitalise on the burgeoning rental market. Don’t miss out on this exceptional opportunity to invest in a property that is brimming with potential. Act now and consider this Multi-Family Home for sale in Chatham-Kent as your next investment venture.

Wallaceburg, nestled within the city of Chatham-Kent in Ontario, Canada, is a charming town characterised by its picturesque riverside setting along the Sydenham River. This quaint community boasts a rich history, with roots dating back to the early 19th century, and is known for its vibrant local culture, friendly atmosphere, and a strong sense of community spirit. Residents enjoy a blend of natural beauty and modern conveniences, with ample green spaces, parks, and recreational facilities. The town also features a variety of shops, eateries, and community events that foster a welcoming environment for families and newcomers alike. With its tranquil pace of life and close-knit feel, Wallaceburg offers a delightful balance of rural charm and accessibility to urban amenities.

Schools in the Neighbourhood

This property is conveniently located near two reputable schools, making it an excellent choice for families. The H. W. Burgess Public School, situated just 1.0 km away, is an elementary institution under the Lambton Kent District School Board, offering grades from Full-Day Kindergarten to Grade 6. It has received a commendable school rating of 4, indicating a strong educational environment for younger children. Additionally, the Wallaceburg District Secondary School is only 0.7 km from the property, providing education for grades 9 to 12. Also part of the Lambton Kent District School Board, this secondary school boasts an impressive rating of 4.5, reflecting its quality of education and student performance. Both schools offer instruction in English and are categorized as public institutions, ensuring accessibility for local families. The close proximity of these schools not only supports a strong educational foundation for children but also enhances the overall appeal of the neighborhood for potential buyers seeking a family-friendly community.