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$795,000
Chatham
425 Park Avenue West, Chatham, Ontario, N7M1W6
This 4-bedroom, 2-bathroom home in Chatham is for sale.
Rare M1-zoned property in the heart of Chatham featuring an approximately 5,000 sq ft fully insulated commercial shop-the real standout-offering a 30x66 showroom, show-and-shine bay with 15'6"" clearance, mechanic room, trailer storage, updated lighting, gas generator, and parking for 25 vehicles, paired with a 3,029 sq ft executive brick bungalow with 4 bedrooms, 3 bathrooms, open-concept main floor with gas fireplace, private primary suite with ensuite and walk-in closet, and a fully finished basement; currently operating as an artist and vendor marketplace with high-visibility Park Ave W frontage, walking distance to Sobeys and rail adjacency, giving you the flexibility to live, run your business, or generate multiple income streams-all on one M1-zoned parcel. One month to month tenant paying $1200/m (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 143 days on market, against an average age of 78 days across the listings currently for sale in this city
This 4-bed single family in Chatham is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $795,000, about 11.2× the local median household income of $71,000.
Carrying it typically needs a household income of about $155,291 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.