$399,900

For sale

127 COVERDALE Street, Chatham - Single Family for Sale

127 COVERDALE Street, Chatham, Ontario, N7L2V1

5 beds3 baths60 × 149 ft (8,912 sq ft) lot sizeListed 71 days ago

Overview

This 5-bedroom, 3-bathroom home in Chatham is for sale. Listed at $399,900, it is attractively priced about 15% below the $469,900 median asking price in Chatham. It has been on the market 71 days, fresher than the Chatham average of 77 days.

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Description

Welcome to 127 Coverdale Street, Chatham — a neat and tidy Pristine 3+2 bed, 2.5 bath home located in the heart of Chatham’s desirable Northside. This well-kept property features hardwood floors, newer windows, and a fully finished basement with a separate kitchen and private entrance, offering excellent potential for an in-law suite. The deep backyard lot provides plenty of space for family enjoyment, gardening, or entertaining. Conveniently situated close to shopping, restaurants, and amenities, this home is also within minutes of great schools, including McNaughton Avenue Public School (approx. 1.KM), King George VI Public School and Chatham Kent Secondary School (300 meter away). A fantastic opportunity in a sought-after location, this home is truly move-in ready and full of potential. It Won't Last Long! Book your Showing Today!! (id:66096)

Property Details

MLS®: 26020846
Property Type: Single Family
Zoning: RES
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Half Baths: 1
Lot Size: 60 × 149 ft (8,912 sq ft)
Storeys: 1
Style: Bungalow
Heating: Forced air, Natural gas, Furnace
Garage: Other
Ownership: Freehold
Listed: 71 days ago

Rooms

Basement

2pc Bathroom
3pc Bathroom
Bedroom
Bedroom
Recreation room
Utility room
Laundry room

Main level

Bedroom
Living room
Bedroom
Dining room
Bedroom
4pc Bathroom
Kitchen

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

Features

Appliances: Washer, Stove, Dryer, Two Refrigerators
Flooring: Hardwood, Laminate, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Brick
Lot Features: Concrete Driveway, Single Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Chatham listings, avg age

77d

List price

$400K

Haho

This 5-bed single family in Chatham has been listed for 71 days, which is 6 days fresher than the city average of 77. Act while there is still low competition.

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Listed by REMAX CARE REALTY · GORAN TODOROVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $399,900, about 5.8× the local median household income of $68,500.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 14% above the area median.

Median household income: $68,500
Population: 25,127
Median age: 47.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N7L)

$399,900

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Est. property tax$333/mo

Total monthly$2,440

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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