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

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

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

Date unavailable
ListedActive
$434,999
< 1h 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

8 days

Compared to

2024

0 day

2023

42 days

2022

14 days

New Listings

Past 30 days

109 listings

Compared to

2024

65 listings

2023

65 listings

2022

19 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

3 units

2022

2 units

Median Sold Price

Past 30 days

$260,000

Compared to

2023

$415,000

2022

$430,000


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