$84,900

For sale

#26 21 EARL Drive, Chatham, Ontario, N7M6E7

2 bd2 ba+$437/mo

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

#201 10 Van Allen Avenue, Chatham, Ontario, N7L5K1

For saleJust listed

Yesterday

$365K

#201 10 Van Allen Avenue, Chatham, Ontario, N7L5K1

2 bd2 ba+$510/mo

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

#10 79 Baldoon Road, Chatham, Ontario, N7L1E2

For saleJust listed

Yesterday

$200K

#10 79 Baldoon Road, Chatham, Ontario, N7L1E2

2 bd+$459/mo

Listed by GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage

#1 65 Baldoon Road, Chatham, Ontario, N7L1E2

For sale

9 days ago

$235K

#1 65 Baldoon Road, Chatham, Ontario, N7L1E2

3 bd1 ba+$557/mo

Listed by NEST REALTY INC.

Investment analysis

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$84,900

Chatham

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206-276 Merritt Avenue, Chatham - Single Family for Sale

206-276 Merritt Avenue, Chatham, Ontario, N7M3G1

1 bed1 bath630 ft²$423/mo condo feeListed 13 days ago

Overview

This 1-bedroom, 1-bathroom condo in Chatham is for sale offering roughly 630 sq ft of space. It has been on the market 13 days, fresher than the Chatham average of 76 days.

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

Description

ffordable Condo Living in Chatham’s South End! Discover comfortable, low-maintenance living in this inviting one-bedroom condo, ideally located in Chatham’s south end. Situated on the second floor of a three-storey walk-up, this unit features new flooring throughout and a private balcony offering lovely views. Enjoy the added convenience of shared laundry facilities and a welcoming sitting room on the main level, providing extra space to relax and unwind. Whether you’re a first-time buyer, downsizing, or looking for an investment opportunity, this condo offers an appealing combination of affordability and practical living. Conveniently located in an established neighbourhood, this is a great opportunity to step into home ownership or add to your investment portfolio. Affordable, comfortable, and ready for its next owner — discover the possibilities of condo living in Chatham’s south end! (id:66096)

Property Details

MLS®: 26025903
Property Type: Single Family
Zoning: N/A
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Half Baths: 0
Interior Size: 630 ft²
Year Built: 1979
Heating: Baseboard heaters, Electric
Garage: Open
Condo Fee: $423/mo
Fee Includes: Exterior Maintenance, Ground Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $889.96/yr
Listed: 13 days ago

Rooms

Main level

Living room/Dining room: 22.1 x 12 feet
Kitchen: 7.5 x 7.1 feet
4pc Bathroom: 7.7 x 4.11 feet
Bedroom: 11.11 x 10.6 feet

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

Features

Flooring: Laminate, Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Concrete
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Chatham listings, avg age

76d

Price / ft²

$135

List price

$85K

Haho

This 1-bed single family in Chatham has been listed for 13 days, which is 63 days fresher than the city average of 76. Act while there is still low competition.

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Listed by BLUE FOREST REALTY INC. · RHONDA GREER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $84,900, about 1.2× the local median household income of $71,000.

Carrying it typically needs a household income of about $16,584 (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)

$84,900· $135/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $4,245

Min 5%50%

Mortgage payment$447/mo

↳ CMHC premium ($3,226 capitalized)

Property tax (est.)$74/mo

Condo fee$423/mo

Total monthly$944

Cash Needed to Close

Down payment (5%)$4,245

Land transfer tax$574

Est. closing costs$2,755

Total cash needed$7,574

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