$199,900

For saleJust listed

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#10 79 Baldoon Road, Chatham - Single Family for Sale

#10 79 Baldoon Road, Chatham, Ontario, N7L1E2

2 beds0 baths condo fee

#26 21 EARL Drive, Chatham, Ontario, N7M6E7

2 bd2 ba+$437/mo

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

#201 10 Van Allen Avenue, Chatham, Ontario, N7L5K1

For saleJust listed

Yesterday

$365K

#201 10 Van Allen Avenue, Chatham, Ontario, N7L5K1

2 bd2 ba+$510/mo

Listed by ROYAL LEPAGE PEIFER REALTY, Brokerage

#1 65 Baldoon Road, Chatham, Ontario, N7L1E2

For sale

9 days ago

$235K

#1 65 Baldoon Road, Chatham, Ontario, N7L1E2

3 bd1 ba+$557/mo

Listed by NEST REALTY INC.

206-276 Merritt Avenue, Chatham, Ontario, N7M3G1

For sale

13 days ago

$85K

206-276 Merritt Avenue, Chatham, Ontario, N7M3G1

1 bd1 ba630 ft²+$423/mo

Listed by BLUE FOREST REALTY INC.

Investment analysis

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$199,900

Chatham

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Overview

This 2-bedroom condo in Chatham is for sale. Listed at $199,900, it is attractively priced about 17% below the $239,900 median asking price in Chatham. It has been on the market 1 day, fresher than the Chatham average of 77 days.

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

Description

Start your home ownership with this condo that is move in ready. Affordable living and available for immediate occupancy. The third floor unit means no one living above and the balcony will give you the perfect area for that morning coffee. Plenty of room as there is a coat closet, broom closet / pantry, storage closet, and linen closet. The living room is large and the white kitchen and dining nook are set up perfectly. Two bedrooms and four piece bath complete the unit. There is plenty of open parking and the condo fees of $458.83 help you maintain a workable budget that includes your heat, hydro and water. (id:66096)

Property Details

MLS®: 26026164
Property Type: Single Family
Zoning: RM2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 0
Half Baths: 0
Heating: Baseboard heaters, Natural gas
Garage: Open
Condo Fee: $459/mo
Fee Includes: Exterior Maintenance, Property Management, Ground Maintenance, Heat, Electricity, Water
Ownership: Condo/Strata
Property Tax: $917.49/yr
Listed: Yesterday

Rooms

Main level

Balcony: 11.5'
4pc Bathroom: 4.86'
Bedroom: 8.65'
Bedroom: 9.87'
Living room: 11.9'
Dining nook: 8.4'
Kitchen: 7.8'

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

Features

Flooring: Laminate, Ceramic/Porcelain, Cushion/Lino/Vinyl
Foundation: Concrete
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Chatham listings, avg age

77d

List price

$200K

Haho

This 2-bed single family in Chatham has been listed for 1 day, which is 76 days fresher than the city average of 77. Act while there is still low competition.

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Listed by GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. Brokerage · DAVID MCDONNELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N7L)

This home lists at $199,900, about 2.9× the local median household income of $68,500.

Carrying it typically needs a household income of about $39,047 (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)

$199,900

For sale

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Full Cost Breakdown

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Down Payment5% · $9,995

Min 5%50%

Mortgage payment$1,053/mo

↳ CMHC premium ($7,596 capitalized)

Property tax (est.)$76/mo

Condo fee$459/mo

Total monthly$1,588

Cash Needed to Close

Down payment (5%)$9,995

Land transfer tax$1,724

Est. closing costs$3,100

Total cash needed$14,819

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