8 Acres with Heated Shop in Chatham

Property details for 864 Mcnaughton Avenue East, Chatham

Type: Residential
Style: Ranch
Bedrooms: 3
Bathrooms: 1
Lot Size: 119 X IRR / 8.022 AC
Stories: 1
Parking: Detached Garage, Heated Garage
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Exterior: Aluminum/Vinyl
Ownership: Freehold
Annual Taxes: $4,695 (2026)

This ranch on 8 acres is all about the shop. 32 by 64 feet, heated, with water. You could run a business out of it or just store all your toys. The 6 arable acres of sandy loam are ready for 2026, with no lease hang-ups. The house itself is a solid 1958 build with laminate floors throughout. Three bedrooms and one bath on the main floor. Full basement with a new-ish furnace and central air. It's not fancy, but it's clean and well-kept. You're only a few minutes from Chatham's amenities. Rossini's is 1.4 km away, and Food Basics is 3.4 km. Schools are close too, including St. Clair College's Thames Campus at 4 km. Taxes run about $4,700 a year. This kind of property with this much shop space near town doesn't come up often. If you need room for equipment or a home-based business, this is worth a look.

About 864 Mcnaughton Avenue East, Chatham — Property Score

Prime Location Hot Market

Score: 60/100

Value

Priced 82.8% above area median of $464,900 based on 228 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

1 bathroom - 2 fewer than similarly priced properties nearby 36

Location

$81K median household income - above the Canadian average of $70K 70

92% of residents hold postsecondary credentials - a highly educated neighbourhood 98

83% homeownership rate - indicating a stable, owner-occupied community 88

83% of residents commute under 30 minutes - excellent commuter accessibility 96

2,286/km² population density - a well-balanced suburban area 93

Market

Just listed - area average is 43 days on market 100

+9.6% median price change over 1 month - rising prices in the area 98

32 months of housing supply - 256 active listings with 8 sold last month (buyer's market) 40

Features

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1958 (68 years old) - established home with character, older than the area average (1970) 35

No premium extras like pool, waterfront, or view 50

Investment

0.55% effective tax rate ($4,695/yr) - very low tax burden 84

18% renter population - primarily owner-occupied area 51

Quality

Condition

Listing

37 photos provided - 6% more than the area average of 35 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.