Property Attributes
- MLS#40861151
- TypeSingle Family
- Listing Status Active
- CityChatham
- AreaChatham
- NeighbourhoodSW
- Postal CodeN7M 5X6
- StyleMid-Century Modern
- Taxes$ 2451
- Price$ 395,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1159
- Lot Size0.06 Acres
Data Source:
Ontario Regional (ITSO)
Property Description
Well-maintained detached single-family home with a spacious basement in-law suite, currently leased and providing excellent rental income. The main/upper level features 3 bedrooms and 1 bathroom and is currently tenanted at $2,050/month. The basement in-law suite offers 1 bedroom and 1 bathroom and is currently leased for $1,000/month, generating a combined gross rental income of $3,050/month or $36,600 annually. Situated on a large lot with a spacious backyard in a quiet, family-friendly neighbourhood, this home is conveniently located close to schools, parks, shopping, transit, and other amenities. The property has been freshly painted and thoughtfully upgraded, including a 200-amp electrical panel (approximately 2 years old), new sump pump, new electric water heater, 3-year-old heat pump, and an updated basement kitchen and bathroom (approximately 2 years old). New driveway completed in September 2026. A great opportunity for homeowners, investors, or buyers looking for rental income to help offset carrying costs. Immediate rental income and excellent long-term potential in a desirable location.
| Price History | |
|---|---|
| 9/11/2026 | Listed $395,000 |
General Features
| Living Area | 1159 |
|---|---|
| Sewer | Sewer (Municipal) |
| Heating | Natural Gas |
| Cooling | Central Air |
| Roof | Asphalt Shing |
| Appliances | Water Heater,Built-in Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer |
| Zoning | RL5 |
| Architectural Style | Mid-Century Modern |
| Construction Materials | Brick,Vinyl Siding |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Chatham-Kent |
| New Construction | false |
| Property Type | Residential |
| Garage Y/N | false |
| Total Rooms | 14 |
| Full Baths | 2 |
| Status | Active |
| City | Chatham |
| Senior Community Y/N | false |
| Open Parking Spaces | 2 |
| MLS Area | Chatham |
| Lot Size Units | Acres |
| Lot Size Square Feet | 2613.6 |
| Property Attached Y/N | false |
| MLS Area Minor | SW |
| Building Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Basement | Full,Finished,Sump Pump |
|---|---|
| Kitchen Level | Basement,Main |
| Total Stories | 2 |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1159 |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 500 |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Source | Owner |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Lot Features | Urban,Park |
|---|---|
| Water Source | Municipal |
| Total Parking | 2 |
| Inclusions | Built-in Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer |
| Lot Size Area | 0.06 |
| Building Area Total | 1659 |
| Lot Dimensions | 35.58 x |
| Lot Size Acres | 0.06 |
| Frontage Length | 35.58 |
| Frontage Type | South |
| Waterfront Y/N | false |
| Crops Included Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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