Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

550 Park Av W 231 Unit Apartment Building For Sale Chatham, ON N7M 0S6

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Amenities include Pool; Recreation / Party Room; BBQ / lounge area outside; large front lobby
  • This is a heritage building with state of the art finishes and character

EXECUTIVE SUMMARY

This investment offers a compelling opportunity with substantial, existing rental income. With high occupancy rates and the potential for rent growth in the competitive Chatham rental market, Park Place Luxury Apartments represents a secure, high-return investment in an area that is rapidly appreciating.

PROPERTY FACTS

Sale Type Investment
No. Units 231
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 5.40 AC
Building Size 276,710 SF
Average Occupancy 100%
No. Stories 6
Year Built 2021
Parking Ratio 0.98/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Pool
  • Tenant Controlled HVAC
  • Smoke Free
  • Lounge
  • Smoke Detector
  • Listing ID: 37240104

  • Date on Market: 2025-08-12

  • Last Updated:

  • Address: 550 Park Av W, Chatham, ON N7M 0S6

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}