$409,900

For sale

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57 Marion Avenue, Chatham - Single Family for Sale

57 Marion Avenue, Chatham, Ontario, N7M5N7

4 beds2 baths52 × 129 ft (6,726 sq ft) lot sizeListed 73 days ago

205 JOSEPH Street, Chatham, Ontario, N7L3H2

4 bd2 baLot size 61 × 173 ft (10,623 sq ft)

Listed by PINNACLE PLUS REALTY LTD.

138 Vanier Drive, Chatham, Ontario, N7L4H1

For saleJust listed

Yesterday

$439K

138 Vanier Drive, Chatham, Ontario, N7L4H1

4 bd2 baLot size 5,968 sq ft (0.13 ac)

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

90 NORTHERN PINE Place, Chatham, Ontario, N7L5K2

For saleJust listed

Yesterday

$619K

90 NORTHERN PINE Place, Chatham, Ontario, N7L5K2

4 bd3 baLot size 5,227 sq ft (0.12 ac)

Listed by GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage

101 Harvey Street, Chatham, Ontario, N7M1M4

For saleJust listed

Yesterday

$280K

101 Harvey Street, Chatham, Ontario, N7M1M4

2 bd1 baLot size 10,367 sq ft (0.23 ac)

Listed by Gagner & Associates Excel Realty Services Inc. (Blenheim)

Investment analysis

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$409,900

Chatham

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Overview

This 4-bedroom, 2-bathroom home in Chatham is for sale. Listed at $409,900, it is attractively priced about 13% below the $469,900 median asking price in Chatham. It has been on the market 73 days, fresher than the Chatham average of 77 days.

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

Description

Welcome to this well-maintained 3+1 bedroom home situated in a desirable Chatham neighbourhood! The bright, inviting main level features a spacious open-concept kitchen and living area, ideal for everyday family living and entertaining. The kitchen offers plenty of cabinetry, a functional working island and great natural light. Upstairs, you'll find three comfortable bedrooms and a full 4-piece bathroom. The side entrance provides convenient access to the lower level, featuring a fourth bedroom, family room, 3-piece bathroom, laundry and ample storage. Step outside to enjoy the fully fenced private yard, with no neighbour directly to the north for added privacy. Singles replaced Fall 2022. A great opportunity for families looking for space, functionality and a fantastic location! (id:66096)

Property Details

MLS®: 26020592
Property Type: Single Family
Zoning: RES
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Lot Size: 52 × 129 ft (6,726 sq ft)
Year Built: 1973
Style: 4 Level
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Ownership: Freehold
Listed: 73 days ago

Rooms

Lower level

3pc Bathroom
Bedroom
Family room

Second level

4pc Bathroom
Bedroom
Bedroom
Primary Bedroom

Basement

Utility room
Laundry room

Main level

Dining room
Kitchen
Living room

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

Features

Flooring: Hardwood, Laminate, Carpeted, Ceramic/Porcelain
Foundation: Block
Exterior: Brick, Aluminum/Vinyl
Lot Features: Concrete Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

73d

Chatham listings, avg age

77d

List price

$410K

Haho

This 4-bed single family in Chatham has been listed for 73 days, which is 4 days fresher than the city average of 77. Act while there is still low competition.

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Listed by CENTURY 21 LOCAL HOME TEAM REALTY INC. · Pamela McDonald

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $409,900, about 5.8× the local median household income of $71,000.

Carrying it typically needs a household income of about $80,068 (20% down, 25-yr amortization, stress-tested) — roughly 13% 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)

$409,900

For sale

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Full Cost Breakdown

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Down Payment5% · $20,495

Min 5%50%

Mortgage payment$2,159/mo

↳ CMHC premium ($15,576 capitalized)

Est. property tax$342/mo

Total monthly$2,501

Cash Needed to Close

Down payment (5%)$20,495

Land transfer tax$4,673

Est. closing costs$3,730

Total cash needed$28,898

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