181-183 WELLINGTON Street East, Chatham, Ontario, N7M3P2




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$199,000
Chatham
This 7-bedroom, 2-bathroom home in Chatham is for sale. It has been on the market 61 days, fresher than the Chatham average of 77 days.
Attention Investors, are you looking for a project to renovate. This brick duplex on a large lot has 7 bedrooms and 2 bathrooms in total. The property is close to downtown core shopping, parks and schools. If this is something you want don't wait to book your viewing now. This property was built in 1900 and falls under the Ontario Heritage Act; Owners must provide formal notice (typically 60 days) before planning any demolition. The seller has the right to accept or reject each offer. The property is being ""SOLD AS IS WHERE IS "" WITH NO REPRESENTATIONS OR WARRANTIES. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 61 days on market, against an average age of 77 days across the listings currently for sale in this city
This 7-bed single family in Chatham has been listed for 61 days, which is 16 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $199,000, about 2.8× the local median household income of $71,000.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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