$299,999

For sale

88 Lorne Avenue, Chatham-Kent - Single Family for Sale

88 Lorne Avenue, Chatham-Kent, Ontario, N7M1R9

3 beds1 bath3 parking900 ft²38 × 47 ft (1,778 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 1-bathroom home in Chatham-Kent is for sale offering roughly 900 sq ft of space. Listed at $299,999, it is attractively priced about 39% below the $489,900 median asking price in Chatham-Kent. It has been on the market 27 days, fresher than the Chatham-Kent average of 101 days.

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Description

Welcome to this beautifully and fully renovated home , your future home awaits! This charming3-bedroom, 1-bathroom property is perfect for first-time home buyers, downsizers, or investors seeking a fantastic opportunity. Nestled on a quiet street, it offers a peaceful and family-friendly setting. Step inside to discover a bright and spacious living and dining area, ideal for everyday living and entertaining. The home has been extensively updated and features brand-new flooring throughout, a completely renovated bathroom, All brand new applicace frodge , stove , diswasher, dryer washer Brand new furnace, Brand new central air conditioner, a new side deck, and newfront stairs with a welcoming front entrance deck. Enjoy outdoor gatherings in the backyard and take advantage of the many recent upgrades that make this home move-in ready. The hot water tank is rented. Don't miss this incredible opportunity, schedule your viewing today (id:66096)

Property Details

MLS®: X13877438
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 38 × 47 ft (1,778 sq ft)
Frontage: 38 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,600/yr
Listed: 27 days ago

Rooms

Main level

Living room
Kitchen
Eating area
Primary Bedroom

Second level

Bedroom 2
Bedroom 3

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick, Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Chatham-Kent listings, avg age

101d

Price / ft²

$333

List price

$300K

Haho

This 3-bed single family in Chatham-Kent has been listed for 27 days, which is 74 days fresher than the city average of 101. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · SAJID MAHMOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $299,999, about 4.2× the local median household income of $71,000.

Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,000
Population: 25,579
Median age: 44
Owner / renter: 67% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N7M)

$299,999· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,999.95

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,400 capitalized)

Property tax (est.)$217/mo

Total monthly$1,797

Cash Needed to Close

Down payment (5%)$15,000

Land transfer tax$2,975

Est. closing costs$3,400

Total cash needed$21,375

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