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Home with brick exterior material, street for 40 LANTERN Lane, Chatham Ontario N7M 0V9
3 days on Market

40 LANTERN Lane, Chatham, Ontario N7M 0V9

Detached
3 + 2
3
- sqft
$669,900
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Detached
3 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,877/mo

Tax Amount (2025)-

Days On Market3 days


Description

WELCOME TO 40 LANTERN LANE IN THE NEW PROMENADE SUBDIVISON. THIS BRAND NEW QUALITY BUILT RAISED RANCH IS FULLY FINISHED. THE MAIN FLOOR HAS A GREAT OPEN CONCEPT LAYOUT OF THE DESIGNER KITCHEN WITH A LARGE ISLAND, LIVING ROOM WITH 9FT TRAYED CEILINGS & DINNING ROOM LEADING TO A COVERED REAR PORCH. MAIN FLOOR OFFERS HARDWOODS & CERAMIC THROUGHOUT. LARGE MASTER WITH 3PC ENSUITE & WIC, 2 MORE LARGE BEDROOMS, MAINFLOOR LAUNDRY & 4PC BATH. THE LOWER LEVEL IS FULLY FINISHED WITH 2 ADDITIONAL BEDROOMS, LIVING ROOM WITH A 5FT PATIO DOOR GRADE ENTRANCE, 4PC BATH, 2ND LAUNDRY AREA & 2ND FULL KITCHEN. 2 CAR GARAGE & PARKING FOR MULTILPLE VEHICLES. CONVENIENTLY LOCATED WITH EASY ACCESS TO 401 & WALKING DISTANCE TO THE NEW ST TERESA SCHOOL. THERE IS STILL TIME TO PICK YOUR FINISHING TOUCHES WITH GENEROUS ALLOWANCES. FULL 7 YEAR TARION WARRANTY. OTHER LOTS & PLANS TO CHOOSE FROM STARTING @ 599K. CONTACT THE LISTING AGENT FOR MORE INFORMATION. VISIT US AT OUR MODEL HOME @ 108 FENCELINE DR


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Property Details

StyleRaised Ranch
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number25014137
Community NameChatham
Data SourceWESC
Listing byDEERBROOK REALTY INC.

Features

Heating: Forced Air,Furnace
Cooling: Central Air Conditioning
Basement: Full, Finished

MAIN LEVEL Floor

FOYER

KITCHEN

LIVING ROOM

DINING ROOM


Property History

Jun 4, 2025
ListedActive
$669,900
3 days on market
history photo preview46
Listing by wesc®
Property listed by DEERBROOK REALTY 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

39 days

Compared to

2024

163 days

2023

33 days

2022

13 days

New Listings

Past 30 days

85 listings

Compared to

2024

71 listings

2023

22 listings

2022

28 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

5 units

2022

8 units

Median Sold Price

Past 30 days

$475,000

Compared to

2024

$262,000

2023

$405,000

2022

$592,450


Population and Demographics

Overview

Total population 42225
Average household income $97,645

Age (%)

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

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