$359,000

For sale

171 Edgar Street, Chatham - Single Family for Sale

171 Edgar Street, Chatham, Ontario, N7M1V6

5 beds2 baths1,918 ft²4,574 sq ft (0.10 ac) lot sizeListed 33 days ago

Overview

This 5-bedroom, 2-bathroom home in Chatham is for sale offering roughly 1,918 sq ft of space. Listed at $359,000, it is attractively priced about 24% below the $469,900 median asking price in Chatham. It has been on the market 33 days, fresher than the Chatham average of 77 days.

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Description

Welcome to this spacious 2-storey home offering over 1,900 sq. ft. above grade (per MPAC), plus a finished basement! Ideally located within walking distance to local amenities, this home features 3+2 bedrooms and 1.5 baths, offering plenty of room for the whole family. The open-concept main floor features an updated white kitchen with included appliances, along with generous living and dining areas. Upstairs offers two bedrooms, while the finished lower level provides three additional bedrooms and extra living space, ideal for guests, a home office, hobbies or extended family. Enjoy the fenced backyard and sundeck. With its generous living space, flexible layout and endless possibilities to make it your own, this home offers a great opportunity for buyers looking for space, value and room to grow! (id:66096)

Property Details

MLS®: 26024285
Property Type: Single Family
Zoning: RES
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 2
Half Baths: 1
Interior Size: 1,918 ft²
Lot Size: 4,574 sq ft (0.10 ac)
Storeys: 2
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Listed: 33 days ago

Rooms

Basement

2pc Bathroom
Bedroom: 9 x 10
Bedroom: 8.1 x 10
Utility room: 9.7 x 7.4
Recreation room: 15 x 22.9
Bedroom: IRREG x 16.10

Main level

4pc Bathroom
Family room: 16.8 x 21.7
Eating area: 8.1 x 7.9
Kitchen: 14.2 x 13.9
Living room: 21.8 x 19

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Laminate, Carpeted
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Gravel Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Chatham listings, avg age

77d

Price / ft²

$187

List price

$359K

Haho

This 5-bed single family in Chatham has been listed for 33 days, which is 44 days fresher than the city average of 77. Act while there is still low competition.

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Listed by CENTURY 21 LOCAL HOME TEAM REALTY INC. · Pamela McDonald

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $359,000, about 5.1× the local median household income of $71,000.

Carrying it typically needs a household income of about $70,125 (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)

$359,000· $187/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,950

Min 5%50%

Mortgage payment$1,891/mo

↳ CMHC premium ($13,642 capitalized)

Est. property tax$299/mo

Total monthly$2,190

Cash Needed to Close

Down payment (5%)$17,950

Land transfer tax$3,860

Est. closing costs$3,577

Total cash needed$25,387

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