$265,000

For sale

198 Raleigh Street, Chatham - Single Family for Sale

198 Raleigh Street, Chatham, Ontario, N7M2N7

2 beds2 baths28 × 110 ft (3,066 sq ft) lot sizeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom home in Chatham is for sale. It has been on the market 9 days, fresher than the Chatham average of 77 days.

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Description

Welcome home! This cozy 2-storey, 2 bedroom, 2 bathroom home is full of charm and has the kind of layout that just works for a family or for entertaining. Beautiful natural light pours in throughout, and there’s lots of storage in every corner, so everything has a place. The kitchen has been freshened up with a new faucet and stove, and the flow from room to room makes hosting easy. Outside is where this home really shines. The big, fully fenced backyard has a brand new fence installed this year for added privacy, plus a covered back porch for relaxing rain or shine. On the side, you’ll find a fun covered porch that’s fully screened in and currently used as a catio, which your furry family members will love. The driveway also has an extra parking spot, so no more shuffling cars. Located in a family friendly neighbourhood with a park right around the corner, and grocery stores and shopping are all close by. Good to know: steel roof (8 yrs), furnace (8 yrs), A/C (9 yrs). Call today to #LoveWhereYouLive! (id:66096)

Property Details

MLS®: 26026328
Property Type: Single Family
Zoning: RL3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Lot Size: 28 × 110 ft (3,066 sq ft)
Year Built: 1900
Storeys: 2
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning, Fully air conditioned
Ownership: Freehold
Property Tax: $2,183.36/yr
Listed: 9 days ago

Rooms

Second level

Bedroom

Main level

Laundry room: 6 x 6 feet
Kitchen/Dining room: 22.5 x 11.5 feet
Living room: 16.5 x 15 feet

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Flooring: Carpeted, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Double width or more driveway, Front Driveway, Gravel Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Chatham listings, avg age

77d

List price

$265K

Haho

This 2-bed single family in Chatham has been listed for 9 days, which is 68 days fresher than the city average of 77. Act while there is still low competition.

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Listed by NEST REALTY INC. · MACKENNA LYONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $265,000, about 3.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $51,764 (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)

$265,000

For sale

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Property tax (est.)$182/mo

Total monthly$1,578

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

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