$299,000

For sale

7 ARNOLD Street, Chatham - Single Family for Sale

7 ARNOLD Street, Chatham, Ontario, N7L2X7

2 beds1 bath49 × 100 ft (4,939 sq ft) lot sizeListed 29 days ago

Overview

This 2-bedroom, 1-bathroom home in Chatham is for sale. Listed at $299,000, it is attractively priced about 36% below the $469,900 median asking price in Chatham. It has been on the market 29 days, fresher than the Chatham average of 77 days.

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Description

WELCOME HOME! This charming 2-bedroom, 1-bath home offers comfortable, easy one-floor living in a beautiful, established neighbourhood. Step inside to find warm hardwood flooring throughout and a practical layout with everything conveniently located on one level — no basement to maintain or worry about! Outside, you’ll love the fully fenced backyard, offering plenty of space for pets, gardening, entertaining or simply relaxing. A storage shed provides extra room for tools and outdoor essentials, while the detached sunroom is a wonderful bonus space to enjoy your morning coffee, unwind with a good book or entertain family and friends. Whether you’re a first-time home buyer looking for a place to call your own or a retiree ready to simplify without sacrificing outdoor space, this home offers a great combination of comfort, convenience and low-maintenance living. Come see the possibilities and make it yours!#lovewhereyoulive Call soon as this one wont last long!!!! (id:66096)

Property Details

MLS®: 26024401
Property Type: Single Family
Zoning: RL2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Lot Size: 49 × 100 ft (4,939 sq ft)
Storeys: 1
Style: Bungalow
Heating: Forced air, Natural gas, Furnace
Garage: Other
Ownership: Freehold
Property Tax: $2,671/yr
Listed: 29 days ago

Rooms

Main level

Laundry room: 5.1 x 9.5 feet
Primary Bedroom: 13.1 x 11.7 feet
Enclosed porch: 5.1 x 7.6 feet
Bedroom: 9.3 x 10.7 feet
Dining room
Kitchen: 14.5 x 9.5 feet
Dining room: 8 x 8 feet
Living room: 18.6 x 14.5 feet

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer
Flooring: Hardwood
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Interlocking Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Chatham listings, avg age

77d

List price

$299K

Haho

This 2-bed single family in Chatham has been listed for 29 days, which is 48 days fresher than the city average of 77. Act while there is still low competition.

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Listed by NEST REALTY INC. · KELLY BENOIT-HERDER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $299,000, about 4.4× the local median household income of $68,500.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $68,500
Population: 25,127
Median age: 47.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N7L)

$299,000

For sale

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Full Cost Breakdown

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Down Payment5% · $14,950

Min 5%50%

Mortgage payment$1,575/mo

↳ CMHC premium ($11,362 capitalized)

Property tax (est.)$223/mo

Total monthly$1,797

Cash Needed to Close

Down payment (5%)$14,950

Land transfer tax$2,960

Est. closing costs$3,397

Total cash needed$21,307

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