$159,000

For sale

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#104 2 Chittim Road, Chatham-Kent (Blenheim) - Single Family for Sale

#104 2 Chittim Road, Chatham-Kent (Blenheim), Ontario, N0P1A0

2 beds1 bath1 parking ft²

#204 2 Chittim Street, Chatham-Kent (Blenheim), Ontario, N0P1A0

2 bd1 ba1 pk850 ft²+$440/mo

Listed by ROYAL LEPAGE SECURITY REAL ESTATE

#303 2 Chittim Road, Chatham-Kent (Blenheim), Ontario, N0P1A0

For sale

11 days ago

$169K

#303 2 Chittim Road, Chatham-Kent (Blenheim), Ontario, N0P1A0

3 bd2 ba1 pk1,100 ft²+$640/mo

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$159,000

Chatham-Kent

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Overview

This 2-bedroom, 1-bathroom condo in Chatham-Kent is for sale offering roughly 850 sq ft of space. Its $159,000 asking price sits right in line with the $159,000 median in Chatham-Kent. It has been on the market 11 days, fresher than the Chatham-Kent average of 51 days.

Condos for Sale in Chatham-Kent →All real estate in Chatham-Kent →

Description

This ground-floor 2-bedroom condo offers a great opportunity to renovate, update and add value. Located in a boutique building. Featuring a functional layout, in-suite laundry and walk-out access from the living room. Situated in the growing community of Blenheim with easy access to Hwy 401 and downtown Chatham, and close to shopping, schools. Tenant occupied- being sold with the existing tenant. 48 hours' notice required for showings. Showings available Mondays, Tuesdays, Wednesdays, and Saturdays. (id:66096)

Property Details

MLS®: X14114024
Property Type: Single Family
Zoning: R4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: Apartment in basement, N/A
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $486/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $928.6/yr
Listed: 11 days ago

Area context

Neighbourhood profile (N0P)

This home lists at $159,000, about 2.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $31,058 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 53,140
Median age: 46
Owner / renter: 81% / 19%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N0P)

$159,000· $187/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $7,950

Min 5%50%

Mortgage payment$837/mo

↳ CMHC premium ($6,042 capitalized)

Property tax (est.)$77/mo

Condo fee$486/mo

Total monthly$1,401

Cash Needed to Close

Down payment (5%)$7,950

Land transfer tax$1,315

Est. closing costs$2,977

Total cash needed$12,242

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#104 2 Chittim Road, Chatham-Kent (Blenheim) - Single Family for Sale

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Neighbourhood profile (N0P)

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