$405,000

For sale

86 Marion Avenue, Chatham - Single Family for Sale

86 Marion Avenue, Chatham, Ontario, N7M5N3

3 beds1 bath6,534 sq ft (0.15 ac) lot sizeListed 10 days ago

Overview

This 3-bedroom, 1-bathroom home in Chatham is for sale. Listed at $405,000, it is attractively priced about 14% below the $469,900 median asking price in Chatham. It has been on the market 10 days, fresher than the Chatham average of 77 days.

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Description

Step into this beautifully updated 3 level backsplit that delivers style, comfort, and lifestyle. The main and upper levels shine with brand new luxury vinyl plank flooring and updated coat of fresh paint, creating a bright, seamless flow throughout. Offering 3 spacious bedrooms and a well appointed beautifully updated bathroom, this home is move in ready and designed for easy living. Outside, the fun really begins. Enjoy a large fully fenced yard complete with a newer deck, charming gazebo, and a relaxing hot tub—your own private retreat for morning coffees or evening unwinds. The oversized gravel driveway provides parking for up to 7 vehicles, perfect for guests, or multi vehicle households. Located steps from Mud Creek walking trails, close to schools, the community centre with hockey rink and baseball fields, golfing, restaurants, and shopping, this home offers the perfect blend of convenience and outdoor enjoyment. A stylish, updated home in a prime location with incredible outdoor features—this one is packed with value and excitement. Ready to impress. (id:66096)

Property Details

MLS®: 26026329
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Lot Size: 6,534 sq ft (0.15 ac)
Year Built: 1974
Style: 3 Level
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Ownership: Freehold
Property Tax: $2,949.86/yr
Listed: 10 days ago

Rooms

Lower level

Family room: 11.5 x 17.8 feet
Laundry room: 12.6 x 18.4 feet

Second level

Bedroom: 13 x 8.6 feet
Bedroom: 9.7 x 10.1 feet
Primary Bedroom: 13.3 x 9 feet
4pc Bathroom: 9.7 x 7.4 feet

Main level

Kitchen/Dining room: 13 x 12.5 feet
Living room: 11.7 x 16.3 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, Hot Tub, Dishwasher, Stove, Dryer
Flooring: Carpeted, Cushion/Lino/Vinyl
Foundation: Block
Exterior: Brick, Aluminum/Vinyl
Lot Features: Golf course/parkland, Double width or more driveway, Front Driveway, Gravel Driveway

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

10d

Chatham listings, avg age

77d

List price

$405K

Haho

This 3-bed single family in Chatham has been listed for 10 days, which is 67 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 · LISA ZIMMER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7M)

This home lists at $405,000, about 5.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $79,111 (20% down, 25-yr amortization, stress-tested) — roughly 11% 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)

$405,000

For sale

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Full Cost Breakdown

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Down Payment5% · $20,250

Min 5%50%

Mortgage payment$2,133/mo

↳ CMHC premium ($15,390 capitalized)

Property tax (est.)$246/mo

Total monthly$2,379

Cash Needed to Close

Down payment (5%)$20,250

Land transfer tax$4,575

Est. closing costs$3,715

Total cash needed$28,540

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