561 PARK AVENUE - Photo 1 of 4, Chatham, Ontario
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$492,000

561 PARK AVENUE — Chatham, Ontario

N7M1X1

3,800Sq Ft

About This Property

Attention Investors & Owner-Operators — Don’t Miss This Exceptional Opportunity! This solid two-storey mixed-use building offers the perfect blend of business ownership and investment income. Featuring approximately 2,400 sq. ft. of vacant commercial space on the main floor, this property is ideal for an owner-operator or a wide range of commercial uses, supported by favourable zoning. The upper level includes two separate two-bedroom residential units — one currently tenanted at $1,200/month, while the second unit is vacant and market-ready with an estimated rent of $1,500/month, offering immediate upside. Situated on an extra-large lot approximately 200 feet deep, the property provides ample on-site parking and exceptional future development or expansion potential, this is a rare, flexible asset well-suited for investors looking to maximize returns or owner-operators seeking to offset operating costs with rental income. (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Living Area
3,800 sqft
Above Grade Area
3,800 sqft
Status
Active

Location & Neighborhood

What's nearby 561 PARK AVENUE

Nearby Schools

Local Amenities

POI data updated 5/14/2026

Chatham Market Snapshot

317

Active Listings

$500K

Median Price

Avg Days on Market

Last updated: May 14, 2026

Listed by

JUMP REALTY INC.

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$492,000
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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