$439,000

For sale

64 Park Avenue East, Chatham - Single Family for Sale

64 Park Avenue East, Chatham, Ontario, N7M3V4

4 beds1 bath7,405 sq ft (0.17 ac) lot sizeListed 65 days ago

Overview

This 4-bedroom, 1-bathroom home in Chatham is for sale. Listed at $439,000, it is attractively priced about 7% below the $469,900 median asking price in Chatham. It has been on the market 65 days, fresher than the Chatham average of 77 days.

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Description

Welcome to 64 Park Avenue East in Chatham! Meticulously cared for and packed with updates, this South Chatham home is a great option for anyone looking for convenient one floor living with an impressive workshop and plenty of outdoor space. The main floor features a primary bedroom, full bathroom, laundry, and an additional room that could serve as a second bedroom, home office, or extra living space. The home is bright and welcoming, with direct access to the open backyard. One of the standout features is the detached 24 by 26 foot heated workshop, offering excellent space for hobbies, storage, toys, or projects. The backyard has also been upgraded with a newer 21 foot pool and heater, making it a great place to enjoy the warmer months. Recent improvements include a newer furnace and air conditioning, spray foam insulation in the basement, resurfaced and painted basement floors, new flooring, bathroom vanity, kitchen appliances, front and bedroom windows, front and back doors, a new BBQ gas line, additional upstairs insulation, and updated electrical. Located with convenient access to Highway 401, this home makes travel to London, Windsor, and the USA easy. Come see everything 64 Park Avenue East has to offer. (id:66096)

Property Details

MLS®: 26021091
Property Type: Single Family
Zoning: RL2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Lot Size: 7,405 sq ft (0.17 ac)
Year Built: 1950
Storeys: 1
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Detached Garage, Other, Heated Garage
Ownership: Freehold
Property Tax: $2,949.86/yr
Listed: 65 days ago

Rooms

Second level

Bedroom: 9.1 x 12.3 feet
Bedroom: 12.4 x 12.3 feet

Main level

Bedroom: 9.1 x 18.6 feet
4pc Bathroom
Primary Bedroom: 11.11 x 9.1 feet
Living room: 19 x 11.3 feet
Kitchen: 9.11 x 9.2 feet

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

Features

Flooring: Hardwood, Carpeted, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Double width or more driveway, Concrete Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Chatham listings, avg age

77d

List price

$439K

Haho

This 4-bed single family in Chatham has been listed for 65 days, which is 12 days fresher than the city average of 77. Act while there is still low competition.

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Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage · DARREN HART

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $439,000, about 6.2× the local median household income of $71,000.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$439,000

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Property tax (est.)$246/mo

Total monthly$2,558

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$5,255

Est. closing costs$3,817

Total cash needed$31,022

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