$309,000

For sale

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8 TIMOTHY Crescent, Chatham - Single Family for Sale

8 TIMOTHY Crescent, Chatham, Ontario, N7L4Z1

3 beds2 baths3,441 sq ft lot sizeListed 19 days ago

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

Today

$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

Today

$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)

138 ELIZABETH Street, Chatham, Ontario, N7L2Y4

For saleJust listed

Today

$538K

138 ELIZABETH Street, Chatham, Ontario, N7L2Y4

4 bd2 ba3,000 ft²Lot size 7,405 sq ft (0.17 ac)

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

Investment analysis

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$309,000

Chatham

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Overview

This 3-bedroom, 2-bathroom home in Chatham is for sale. Listed at $309,000, it is attractively priced about 34% below the $469,900 median asking price in Chatham. It has been on the market 19 days, fresher than the Chatham average of 77 days.

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

Description

Welcome to this spacious 3-bedroom, 1.5-bathroom semi-detached raised ranch located on a quiet dead-end street in Chatham’s sought-after north side. This home features beautiful hardwood floors and a bright, open-concept main level with a large eat-in kitchen and dining area, perfect for family gatherings or entertaining guests. The finished lower level offers additional versatile living space, ideal for a cozy family room, home office, or play area. Step outside to enjoy a fully fenced backyard, generous private driveway with ample parking, and a storage shed. Just minutes from shopping, restaurants, and everyday conveniences, this property is an excellent opportunity for first-time buyers or savvy investors looking to add a reliable home to their portfolio. (id:66096)

Property Details

MLS®: 26025340
Property Type: Single Family
Zoning: RL4
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Half Baths: 1
Lot Size: 3,441 sq ft
Year Built: 1981
Style: Raised ranch
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $2,531.77/yr
Listed: 19 days ago

Rooms

Lower level

Family room: 10.5 x 17.2 feet
2pc Bathroom
Laundry room: 6.6 x 13.5 feet
Bedroom: 10.4 x 13.3 feet

Main level

Bedroom: 8.7 x 14 feet
Bedroom: 8.5 x 10.3 feet
4pc Bathroom
Kitchen/Dining room

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Flooring: Hardwood, Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Brick, Aluminum/Vinyl
Lot Features: Gravel Driveway, Single Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Chatham listings, avg age

77d

List price

$309K

Haho

This 3-bed single family in Chatham has been listed for 19 days, which is 58 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 · SCOTT POULIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $309,000, about 4.5× the local median household income of $68,500.

Carrying it typically needs a household income of about $60,359 (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)

$309,000

For sale

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Full Cost Breakdown

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Down Payment5% · $15,450

Min 5%50%

Mortgage payment$1,627/mo

↳ CMHC premium ($11,742 capitalized)

Property tax (est.)$211/mo

Total monthly$1,838

Cash Needed to Close

Down payment (5%)$15,450

Land transfer tax$3,110

Est. closing costs$3,427

Total cash needed$21,987

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