Front-porch charmer near downtown with loft-style bedroom

Property details for 79 Forest Street, Chatham

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 32 X IRREG / 0.1 AC
Stories: 1.5
Heating: Forced air, Natural gas, Furnace
Cooling: Fully air conditioned
Exterior: Brick
Ownership: Freehold
Annual Taxes: $2,539 (2026)

You're one block from Chatham's prettiest tree-lined streets and a quick stroll to downtown cafés like Coffee Culture, Mama Maria's for Italian, plus the Thames Campus of St. Clair College. This 1920 brick house on Forest Street packs a lot into 1.5 storeys. Main floor has two bedrooms, a 3-piece bath, and an open living/dining/kitchen area. Head upstairs to find the real surprise: a spacious loft-style bedroom with three skylights, its own sitting area, and a private 4-piece bath. The full basement adds a fourth bedroom (below grade) plus room for a gym or playroom. You'll appreciate the new metal roof, forced air gas heat, and central air. Hardwood floors run through much of the main level. Outside, it's low-maintenance with a fully fenced backyard and a shed for storage. The lot is 32 feet wide and irregular, but there's a finished front driveway. Taxes run about $2,539 annually. Priced at $339,000, it's well under the area's typical $449,000, and with 37 active listings nearby, you have room to negotiate. Sold comps in the last month went for a median of $449,900, so this one's a solid entry point for getting into a classic Chatham neighbourhood.

About 79 Forest Street, Chatham — Property Score

Great Location Hot Market Well Priced

Score: 68/100

Value

Priced 28.6% below area median of $474,894 based on 202 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

Location

$60K median household income - below the Canadian average of $70K 60

78% of residents hold postsecondary credentials - a highly educated neighbourhood 86

79% homeownership rate - indicating a stable, owner-occupied community 85

84% of residents commute under 30 minutes - excellent commuter accessibility 97

2,284/km² population density - a well-balanced suburban area 93

Market

Just listed - area average is 27 days on market 100

+49.2% median price change over 1 month - rising prices in the area 100

262 months of housing supply - 262 active listings with 1 sold last month (buyer's market) 40

Features

efficient gas forced air heating 80

Fully air conditioned 60

Built in 1920 (106 years old) - established home with character, older than the area average (1970) 35

No premium extras like pool, waterfront, or view 50

Investment

0.75% effective tax rate ($2,539/yr) - below the Canadian average of ~1% 78

21% renter population - primarily owner-occupied area 56

Quality

Condition

Listing

48 photos provided - 33% more than the area average of 36 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.