Open concept kitchen, ceramic/tile floor for 194 Merritt Ave, Chatham-Kent Ontario N7M 5Y4
21 days on Market

194 Merritt Ave, Chatham-Kent, Ontario N7M 5Y4

Detached
2 + 2
2
~700-1100 sqft
$434,999
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Detached
2 + 2
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$508/sqft

Monthly cost

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Description

Attention Investors & Savvy Homebuyers! Discover exceptional value in this fully detached raised ranch in the heart of Chatham, featuring a city-permitted lower unit with a private walkout and separate laundry - offering the perfect opportunity to generate steady rental income, offset your mortgage, or accommodate extended family. The bright lower level includes two spacious bedrooms, a cosy gas fireplace, a convenient kitchenette, and direct access to the backyard, making it ideal for tenants or multigenerational living. Upstairs, you'll find an inviting eat-in kitchen with balcony walkout, two bedrooms with brand-new laminate flooring, fresh paint throughout, new closet doors, and its own dedicated laundry, ensuring comfort and modern appeal. Situated in a peaceful, family-friendly neighbourhood and just steps from a local public school, this move-in-ready home is a rare combination of comfort, affordability, and income potential - all in one exceptional property.


Property Details

StyleOther
View-
Age of property31-50
SqFt~700-1100 SqFt
Lot Size5,490 SqFt(112 x 49.02)
Parking Spaces4
MLS ®NumberX12564892
Community NameChatham
Data SourceTRREB
Listing byPROPERTY.CA INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Fin W/O

Lower Floor

Br

13.6 x 12.4

Laminate / Window / Closet

Living

19.11 x 12.2

Laminate / Fireplace / Window

Br

13.6 x 12.4

Laminate / Window / Closet


Features

Lot size: 5,490 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Nov 21, 2025
ListedActive
$434,999
21 days on market
history photo preview35
Listing by trreb®
Property listed by PROPERTY.CA INC., Brokerage
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Market Data - Chatham

Geo Zone Map ThumbnailChatham

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

34 days

2023

39 days

2022

72 days

New Listings

Past 30 days

60 listings

Compared to

2024

61 listings

2023

38 listings

2022

11 listings

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

2 units

2022

5 units

Median Sold Price

Past 30 days

$570,000

Compared to

2024

$430,000

2023

$296,500

2022

$425,000


Population and Demographics

Overview

Total population 42225
Average household income $97,645

Age (%)

0 to 19
21%
20 to 34
17%
35 to 49
17%
50 to 64
21%
65 and plus
23%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
5%
French
2%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget