Investment signal

$629,900

211 St Clair STREET

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Beds

—

Baths

—

Sqft

—

Year

2009

Type

Industrial

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chatham. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This well-maintained professional building at 211 St. Clair Street presents an outstanding opportunity for a medical clinic or healthcare-related practice. Constructed in 2009, the property was thoughtfully designed for medical use and offers a highly functional layout. The main floor features seven private treatment rooms equipped with sinks, along with three additional rooms suitable for offices or consultation space. A spacious reception area welcomes clients and includes a convenient two-piece washroom, complemented by a large clerical/administrative workspace to support daily operations. Staff will appreciate the dedicated lunchroom and additional two-piece washroom. In total, the building offers four two-piece washrooms—three on the main level and one in the lower level. The fully accessible lower level includes a separate entrance, making it ideal for additional rental income or a complementary business. Previously utilized as a retail uniform outlet, this space adds flexibility and revenue potential. Ample on-site parking for approximately 15 vehicles ensures ease of access for both staff and clients. A rare turnkey opportunity for medical, professional, or multi-tenant use in a desirable location. (id:65958)

Subtype: Industrial
Common interest: Freehold
Lot dimensions: 84.43 X 128.69 ft / 0.249 AC
On market: Apr 16, 2026
Status changed: Apr 16, 2026
Annual tax: $12,216 (2025)
Zoning: HC2
Photos: 1
MLS#: 26008075
Area: CHATHAM

Features and systems

Heating

Forced airNatural gas

Cooling

Central air conditioning

Flooring

Laminate

Security

Smoke Detectors

Negative cash flow ~$717/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.83%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,905

Financing

Down payment$125,980

Loan amount$503,920

Mortgage$2,553/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$289

Insurance$80

Maintenance$525

CapEx reserve$262

Vacancy loss$158

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,553/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.