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$549,900
Chatham
8310/8320 SEVENTH Line, Chatham, Ontario, N7M0L8
This 5-bedroom, 4-bathroom home in Chatham is for sale.
A rare, one-of-a-kind country opportunity just outside Chatham! This offering includes two separate homes on two addresses sold together, ideal for multi-generational living, rental income or your future endeavours! The first home, at 8320, is a charming 1.5-story house with 3 bedrooms and 1.5 baths, plus a full basement. Currently rented at $1120 plus hydro and gas, it offers great potential. The second home, at 8310, is 2-bedroom 1-bath bungalow, rented at $750 plus hydro and gas. Behind both properties sits an expansive 25x65 heated shop with a steel roof, cement floor, block foundation, and a 2-piece bath. Tenants don’t have access to the shop, allowing exclusive use for your projects, storage, or business needs. Set on 2 parcels that equal a peaceful 1-acre lot, this is a truly unique opportunity. Sold in as-is, where-is condition. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 122 days on market, against an average age of 77 days across the listings currently for sale in this city
This 5-bed single family in Chatham is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $549,900, about 7.7× the local median household income of $71,000.
Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.