194 Merritt Avenue, Chatham-Kent, ON

$399,000
MLS#:X12938634
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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This listing is no longer active (Sold Conditional)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Other detached located in the coveted neighborhood of Chatham-Kent. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 49.02 x 112 ft lot
  • Features a apartment, finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold Conditional
Listed Date3/31/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleOther
ConstructionBrick
BasementApartment, Finished with Walk-Out, Separate Entrance
Lot Size49.02 × 112 Feet
CountyChatham-Kent
Annual Tax$3,102.18
Legal DescriptionLT 21 PL 737; S/T 309641, 324404; CHATHAM-KENT

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Place Of Worship, Fenced Yard, School

Interior Features

Other

Security Features

Community Features

Location

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194 Merritt Avenue, Chatham-Kent, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 194 Merritt Avenue, Chatham-Kent, ON N7M 5Y4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$319,200
Monthly Mortgage$1,855
Property Tax (Est.)$259
Utilities & Maint.$350
Total Monthly Cost$2,464

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Chatham-Kent.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Chatham Kent, Chatham Kent.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.