50 Lorne Avenue

Prime Corner Fourplex | High Upside | Motivated Seller Located at the high-visibility corner of Lorne Ave & Raleigh St, this fully detached fourplex presents a rare opportunity to secure a cash-flowing asset with immediate and future upside. The property features four self-contained residential units, delivering consistent income from day one, with clear potential to increase rents and overall value through strategic improvements. Zoned for multi-residential use, this asset is ideally positioned for investors looking to optimize returns, reposition the property, or capitalize on long-term growth in an expanding market. Surrounded by schools, parks, transit, and just minutes from downtown Chatham, the location supports strong tenant demand and long-term stability. The seller is highly motiv…

Property Type

Fourplex

Style

2-Storey

Lot Size

72 ft × 93 ft

Heating

Forced Air

Cooling

None

Basement

Partially Finished

Parking

1 space

Annual Taxes

$3,238 (2025)

MLS #

X12907100

Brokerage

EXP REALTY

Days on Market

67 days

Estimated payment. Does not include property tax, insurance, or condo fees.

• Francis Moore ParkPark
  94 m
• Richmond St at Raleigh StTransit
  162 m
• Wonderwoods ParkPark
  187 m
• ChathamTransit
  420 m
• Victor Lauriston Public SchoolSchool
  821 m