$799,000

For sale

864 MCNAUGHTON Avenue East, Chatham - Single Family for Sale

864 MCNAUGHTON Avenue East, Chatham, Ontario, N7L0E4

3 beds1 bath8.02 acres lot sizeListed 11 days ago

Overview

This 3-bedroom, 1-bathroom home in Chatham is for sale. It has been on the market 11 days, fresher than the Chatham average of 78 days.

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Description

Attention business owners, hobby farmers, and investors — opportunities like this in such a prime location are rare to find! Set on approximately 8 acres, including 6 workable acres of sandy loam soil that are not leased for 2026, this well-maintained ranch-style home offers the perfect blend of country living and endless potential. The home features 3 bedrooms, 1 full bathroom, and a full basement with plenty of updates, including furnace and air conditioner. The property also includes an impressive 32 x 64 heated shop with water, ideal for storage, equipment, or operating your business from home. Whether you’re looking for space to grow, invest, or simply enjoy the rural lifestyle while still being close to the city, this is it! Reach out today! (id:66096)

Property Details

MLS®: 26026190
Property Type: Single Family
Business Type: Agriculture, Forestry, Fishing and Hunting
Zoning: RR/A1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Lot Size: 8.02 acres
Year Built: 1958
Storeys: 1
Style: Ranch
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Garage: Detached Garage, Heated Garage
Ownership: Freehold
Property Tax: $4,695.41/yr
Listed: 11 days ago

Rooms

Basement

Other: 39.6 x 22.5 feet

Main level

Bedroom: 11.2 x 10.1 feet
Bedroom: 11.3 x 8.7 feet
4pc Bathroom: 7.1 x 6 feet
Primary Bedroom: 14.11 x 9.3 feet
Living room: 19.8 x 11.4 feet
Kitchen: 14.6 x 11.3 feet

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

Features

Flooring: Laminate
Foundation: Block
Exterior: Aluminum/Vinyl
Lot Features: Hobby farm, Double width or more driveway, Gravel Driveway

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

11d

Chatham listings, avg age

78d

List price

$799K

Haho

This 3-bed single family in Chatham has been listed for 11 days, which is 67 days fresher than the city average of 78. Act while there is still low competition.

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Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage · JEFF GODREAU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $799,000, about 11.7× the local median household income of $68,500.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 128% above 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)

$799,000

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$391/mo

Total monthly$4,517

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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