$597,900

For sale

51 FENCELINE Drive, Chatham - Single Family for Sale

51 FENCELINE Drive, Chatham, Ontario, N7M0V7

5 beds3 baths6,098 sq ft (0.14 ac) lot sizeListed 56 days ago

Overview

This 5-bedroom, 3-bathroom home in Chatham is for sale. It has been on the market 56 days, fresher than the Chatham average of 77 days.

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Description

WELCOME TO 51 FENCELINE DRIVE LOCATED IN THE NEW PROMENADE DEVELOPMENT. THIS BRAND NEW QUALITY BUILT RAISED RANCH IS 1450 SQ FT. THE MAIN FLOOR HAS A GREAT OPEN CONCEPT LAYOUT OF THE DESIGNER KITCHEN WITH A LARGE ISLAND, DINNING ROOM & LIVING ROOM WITH CATHEDRAL CEILINGS. MAIN FLOOR OFFERS HARDWOODS & CERAMIC THROUGHOUT. LARGE MASTER WITH 3PC ENSUITE & WIC, 2 MORE LARGE BEDROOMS & 4PC BATH. THE LOWER LEVEL IS FULLY FINISHED OFFERING 2 LARGE BEDROOMS, 3RD FULL BATH, LARGE FAMILY ROOM WITH A 5FT PATIO DOOR WALKOUT & ROUGH INS FOR A WET BAR. 2 CAR ATTACHED GARAGE, FRONT DRIVEWAY WITH PARKING FOR MULTIPLE VEHICLES & A REAR COVERED DECK. CONVENIENTLY LOCATED WITH EASY ACCESS TO 401 & WALKING DISTANCE TO THE NEW ST TERESA SCHOOL. FULL 7 YEAR TARION WARRANTY. OTHER LOTS & PLANS TO CHOOSE FROM CONTACT THE LISTING AGENT FOR MORE INFORMATION. Purchase price based on HST rebate applicable effective April 1, 2026 to March 31, 2027, assignable to the builder. Price subject to Buyer's eligibil (id:66096)

Property Details

MLS®: 26022237
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Lot Size: 6,098 sq ft (0.14 ac)
Style: Raised ranch
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Garage, Inside Entry
Ownership: Freehold
Listed: 56 days ago

Rooms

Lower level

Bedroom
Bedroom
Family room
4pc Bathroom
Utility room

Main level

4pc Bathroom
Bedroom
Bedroom
3pc Ensuite bath
Primary Bedroom
Kitchen
Dining room
Living room
Foyer

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

Features

Flooring: Hardwood, Laminate, Ceramic/Porcelain
Foundation: Concrete
Exterior: Brick, Stone, 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

56d

Chatham listings, avg age

77d

List price

$598K

Haho

This 5-bed single family in Chatham has been listed for 56 days, which is 21 days fresher than the city average of 77. Act while there is still low competition.

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Listed by DEERBROOK REALTY INC. · MICHAEL COUTURE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $597,900, about 8.4× the local median household income of $71,000.

Carrying it typically needs a household income of about $116,791 (20% down, 25-yr amortization, stress-tested) — roughly 64% above 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)

$597,900

For sale

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Full Cost Breakdown

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Down Payment5.82% · $34,790

Min 5.82%50%

Mortgage payment$3,122/mo

↳ CMHC premium ($22,524 capitalized)

Est. property tax$498/mo

Total monthly$3,620

Cash Needed to Close

Down payment (5.82%)$34,790

Land transfer tax$8,433

Est. closing costs$4,294

Total cash needed$47,517

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