A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 119 Park Lane, Chatham Ontario N7M 4Y4
68 days on Market

119 Park Lane, Chatham, Ontario N7M 4Y4

Detached
1
1
- sqft
$229,900
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Detached
1
1
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$987/mo

Tax Amount (2024)$1,801/yr

Days On Market68 days


Description

This charming bungalow offers incredible potential in a prime location, perfect for those looking to invest in the city's ongoing growth. Situated on a quiet street, this home features a detached single-car garage and is zoned for multiple potential uses, including Single Detached Dwelling, Semi-Detached Dwelling Unit, Semi-Detached Dwelling, Converted Dwelling and Duplex Dwelling to name a few (buyer to verify all information including but not limited to permits, zoning, bylaws requirements etc). While the house needs some TLC, it presents a fantastic opportunity to add value. The roof was updated in 2018. LTA applies please allow 24 hours' notice for showings. Don’t miss out on this promising opportunity.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces-
MLS ®Number25004683
Community NameChatham
Data SourceWESC
Listing byREMAX PREFERRED REALTY LTD. - 589

Features

Heating: Furnace
Basement: Crawl Space

MAIN LEVEL Floor

LIVING ROOM

BEDROOM

LAUNDRY

KITCHEN


Property History

Mar 3, 2025
ListedActive
$229,900
68 days on market
history photo preview4
Listing by wesc®
Property listed by REMAX PREFERRED REALTY LTD. - 589, 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

15 days

Compared to

2024

100 days

2023

51 days

2022

12 days

New Listings

Past 30 days

87 listings

Compared to

2024

83 listings

2023

26 listings

2022

15 listings

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

4 units

2022

7 units

Median Sold Price

Past 30 days

$412,750

Compared to

2024

$229,000

2023

$565,000

2022

$545,000


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%

Schools and amenities

Estimated Budget