4-Bedroom 2-Storey with Tray Ceiling and Side Entrance

Property details for 16 Betty Court, Chatham

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 41 X IRREG
Stories: 2
Parking: Attached Garage, Garage, Inside Entry
Heating: Natural gas, Furnace
Cooling: Central air conditioning
Exterior: Brick, Aluminum/Vinyl
Ownership: Freehold

This 2023-built 2-storey on Betty Court is about as close to new as you'll find in Chatham. The 2,236 sq ft interior has 4 bedrooms and 3 baths, and the brick-and-vinyl exterior sits on a 41-foot irregular lot with a double driveway. The main floor opens with a large foyer, and the kitchen and dining room flow into each other. Kitchen has ample cabinetry and a walk-in pantry. Upstairs, the primary suite features a tray ceiling, a walk-in closet, and a 4-piece ensuite. There's also a second 4-piece bath, two more bedrooms, and a family room with laundry. The side entrance opens up the possibility of an in-law suite or rental income. Natural gas heating and central air keep it comfortable, and the double garage has inside entry. You're a short walk to a Tim Hortons, Swiss Chalet, and Rice & Noodle, and the Holiday Inn Express is just 0.3 km away. Chatham Christian High School is 1.5 km, St. Clair College 1.6 km. Priced at $549,900, well under the nearby median of $599,900. It's been on the market for 51 days, and comparable homes sell in about 49. Solid investment score of 96, and the neighbourhood shows 14 sales in the last month.

About 16 Betty Court, Chatham — Property Score

Strong Investment Hot Market

Score: 68/100

Value

Priced 14.6% above area median of $479,900 based on 213 comparable properties nearby 48

Stable pricing - no price changes since original listing date 50

Size

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

3 bathrooms - 1 more than similarly priced properties nearby 72

Location

$42K median household income - below the Canadian average of $70K 51

70% of residents hold postsecondary credentials - a highly educated neighbourhood 79

47% homeownership rate - a renter-majority neighbourhood 63

80% of residents commute under 30 minutes - excellent commuter accessibility 94

1,450/km² population density - a well-balanced suburban area 84

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

Natural gas, Furnace 60

Central air conditioning - whole-home cooling 90

Built in 2023 (3 years old) - nearly new build with modern standards, newer than the area average (1969) 88

No premium extras like pool, waterfront, or view 50

Investment

55% renter population - strong rental demand in this area 96

Quality

Condition

Listing

36 photos provided - 3% more than the area average of 35 photos 92

4 of 7 key property details provided (57%) - some key property details missing 67

* 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.