$469,900

For saleJust listed

8 Regal Place, Chatham - Single Family for Sale

8 Regal Place, Chatham, Ontario, N7M5P5

3 beds2 baths6,926 sq ft (0.15 ac) lot sizeListed 4 days ago

Overview

This 3-bedroom, 2-bathroom home in Chatham is for sale. Its $469,900 asking price sits right in line with the $469,900 median in Chatham. It has been on the market 4 days, fresher than the Chatham average of 76 days.

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Description

Welcome to this lovely raised ranch w/ attached garage, tucked away on a quiet crescent in south Chatham. This home offers a functional layout w/ plenty of space to grow! The main floor features 3 comfortable bedrooms w/ beautiful oak hardwood flooring, a bright and spacious living room, a dedicated dining area, and an eat-in kitchen perfect for busy family mornings or casual meals. The finished lower level adds even more living space w/ a large family room, another full bath, and a summer kitchen w/ dining area, offering flexibility for entertaining, extended family, or additional living options. Outside, you’ll find a large fenced backyard, along with the added convenience of two driveways. Located near walking paths, shopping, and a public golf course, this home offers the perfect balance of comfort, convenience, and lifestyle in a sought-after neighbourhood. Call today! (id:66096)

Property Details

MLS®: 26026751
Property Type: Single Family
Zoning: RL1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Lot Size: 6,926 sq ft (0.15 ac)
Year Built: 1973
Style: Raised ranch
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,971.86/yr
Listed: 4 days ago

Rooms

Lower level

Utility room: 11 x 22.6 feet
Kitchen/Dining room: 11.4 x 22.6 feet
3pc Bathroom
Family room: 11.7 x 17.7 feet

Main level

4pc Bathroom
Primary Bedroom: 11.4 x 14 feet
Bedroom: 10.7 x 11.1 feet
Bedroom: 8.6 x 9.6 feet
Kitchen: 11.6 x 12.6 feet
Dining room: 11.6 x 8.6 feet
Living room: 11.8 x 14.9 feet

Features

Flooring: Hardwood, 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

Chatham listings, avg age

76d

List price

$470K

Haho

This 3-bed single family in Chatham has been listed for 4 days, which is 72 days fresher than the city average of 76. Act while there is still low competition.

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Listed by REALTY HOUSE INC. Brokerage · SCOTT HERMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $469,900, about 6.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$469,900

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$331/mo

Total monthly$2,806

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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