$339,000

For sale

71 Forest Street, Chatham - Single Family for Sale

71 Forest Street, Chatham, Ontario, N7L2A3

3 beds1 bath909 ft²3,441 sq ft lot sizeListed 79 days ago

Overview

This 3-bedroom, 1-bathroom home in Chatham is for sale offering roughly 909 sq ft of space. Listed at $339,000, it is attractively priced about 28% below the $469,900 median asking price in Chatham.

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Description

Beautiful. Efficient. Move in ready. This fully renovated 3 bedroom bungalow is absolutely stunning. Featuring an open concept kitchen/living/dining room with all new cabinetry, quartz counters, tile backsplash, plus updated flooring, trim and lighting. All 3 bedrooms are a good size with the primary accommodating a king bed. The 4pc bathroom is also fully updated with a new tub and a handsome tile surround, new vanity and a new toilet. The full basement is unfinished, spray foam insulated and has a waterproofing system across the back wall installed by Advanced Basement Systems. The back yard is fully fenced with a new deck (2024), gazebo, and a vinyl storage shed. The covered front porch offers extra outdoor living space to enjoy your morning coffee or read a book. The home has a high efficiency gas furnace (2009), newer AC unit (2021), 50 year shingles installed in 2010, mostly new plumbing, owned water heater (2020), and an updated 100 AMP hydro panel, making it truly turnkey! Book your viewing now. (id:66096)

Property Details

MLS®: 26019989
Property Type: Single Family
Zoning: RL3
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Interior Size: 909 ft²
Lot Size: 3,441 sq ft
Year Built: 1920
Storeys: 1
Style: Bungalow
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $2,225.49/yr
Listed: 79 days ago

Rooms

Basement

Other: 34.5 x 22.4 feet

Main level

Primary Bedroom: 10.6 x 9.1 feet
Living room: 12.4 x 11.8 feet
Kitchen: 12.2 x 10.6 feet
Dining room: 12.3 x 9.9 feet
Bedroom: 10.6 x 8 feet
Bedroom: 10.6 x 8.3 feet
4pc Bathroom: 6.1 x 5.4 feet

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

Features

Appliances: Refrigerator, Stove, Microwave Range Hood Combo
Flooring: Carpeted, Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Gravel Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

79d

Chatham listings, avg age

77d

Price / ft²

$373

List price

$339K

Haho

This 3-bed single family in Chatham is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE PEIFER REALTY(BLEN) Brokerage · ELLIOT WILTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $339,000, about 4.9× the local median household income of $68,500.

Carrying it typically needs a household income of about $66,219 (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)

$339,000· $373/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,950

Min 5%50%

Mortgage payment$1,786/mo

↳ CMHC premium ($12,882 capitalized)

Property tax (est.)$185/mo

Total monthly$1,971

Cash Needed to Close

Down payment (5%)$16,950

Land transfer tax$3,560

Est. closing costs$3,517

Total cash needed$24,027

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