$99,900

For sale

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#306 276 Merritt Avenue, Chatham-Kent (Chatham) - Single Family for Sale

#306 276 Merritt Avenue, Chatham-Kent (Chatham), Ontario, N7M3G1

1 bed1 bath1 parking condo fee

#212 276 Merritt Avenue, Chatham-Kent (Chatham), Ontario, N7M3G1

1 bd1 ba1 pk+$427/mo

Listed by ACCSELL REALTY INC.

Investment analysis

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$99,900

Chatham-Kent

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Overview

This 1-bedroom, 1-bathroom condo in Chatham-Kent is for sale. Its $99,900 asking price sits right in line with the $99,900 median in Chatham-Kent.

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

Description

Ideal for those looking to downsize or for the investor. This 3rd floor 1 bedroom unit in a building that offers plenty of parking is deeply affordable and not to be missed. (id:66096)

Property Details

MLS®: X13133156
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: No Garage
Condo Fee: $423/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $932.9/yr
Listed: 173 days ago

Rooms

Main level

Bedroom: 3.87 x 3.63 meters
Living room: 3.65 x 3.94 meters
Bathroom: 2.3 x 1.51 meters
Dining room: 3.04 x 4.97 meters
Kitchen: 2.15 x 2.26 meters

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

Features

Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

173d

Chatham-Kent (Chatham) listings, avg age

91d

List price

$100K

Haho

This 1-bed single family in Chatham-Kent (Chatham) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ACCSELL REALTY INC. · BLAIR CAMPBELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $99,900, about 1.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $19,514 (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)

$99,900

For sale

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Full Cost Breakdown

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Down Payment5% · $4,995

Min 5%50%

Mortgage payment$526/mo

↳ CMHC premium ($3,796 capitalized)

Property tax (est.)$78/mo

Condo fee$423/mo

Total monthly$1,027

Cash Needed to Close

Down payment (5%)$4,995

Land transfer tax$724

Est. closing costs$2,800

Total cash needed$8,519

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