280 Park Street

Chatham, Chatham-Kent · MLS® X12710680

316

House · Single Family · 278 days on market

listed by NIRUN SIVANANTHAN, RARE REAL ESTATE

realtor's description

The Most Affordable Property in All of Chatham-Kent! Opportunity knocks at 280 Park St, Chatham-the cheapest property in all of Chatham-Kent! Whether you're an investor, first-time homebuyer, or business owner, this versatile bungalow offers incredible potential. Currently vacant and ready for immediate possession, this property is zoned commercial but has been previously used as a residential home and can be easily rezoned back if desired. Featuring 3 bedrooms, an open-concept living, dining, and kitchen area, this home provides a functional layout that suits both residential and business needs. Located in the heart of Chatham, this is an excellent opportunity to own a budget-friendly property with flexible zoning options.

property details

type: House, Single Family
bedrooms: 3
bathrooms: 1
parking: 6
property tax: $2,927 / yr
days on market: 278
MLS®: X12710680

monthly cost

$1,028/mo

Mortgage $784 · Tax $244

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$784/ monthly

loan $144,000

25-year amortization

down payment20% · $36,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $91,273
cash to close: $36,000; down payment; transfer tax and fees not included
total paid: $235,273

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.