New two-storey on 211-foot lot near downtown Chatham

Property details for 127 Wellington Street E, Chatham Kent

Type: Residential
Bedrooms: 3
Bathrooms: 3
Lot Size: 34.1 x 211.4 FT
Stories: 2
Basement: Unfinished, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,950

You can walk to downtown Chatham in about five minutes, and this two-storey still feels brand new. It's built on the existing foundation, and you're getting 1,500 square feet of fresh living space with three bedrooms and three bathrooms, all stacked over a deep 211-foot lot. Kitchens have quartz counters and modern everything, plus pot lights and contemporary ceilings throughout. It's a narrow, 34-foot frontage, but the backyard makes up for it. There's room for a garden, a playset, or just a good long patio. Basement's unfinished, so you've got a blank slate for more space down the road, and there's a storage shed out back that actually fits things. You're close to the Thames Campus of St. Clair College (1.1 km) and a bunch of spots to grab a bite or a drink, like Chilled Cork and Retro Suites Hotel. This lot alone makes it worth a look. And at 399k, with only three active listings nearby, it's a solid entry into Chatham's market.

About 127 Wellington Street E, Chatham Kent — Property Score

Great Location

Score: 64/100

Value

Priced 18.4% below area median of $489,000 based on 19 comparable properties nearby 98

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 more than similarly priced properties nearby 72

7,209 sqft lot - a generous lot for the area 78

Location

$35K median household income - below the Canadian average of $70K 48

64% of residents hold postsecondary credentials - an above-average education level 74

38% homeownership rate - a renter-majority neighbourhood 56

88% of residents commute under 30 minutes - excellent commuter accessibility 100

3,001/km² population density - a well-balanced suburban area 100

Market

Just listed - area average is 39 days on market 100

-44.9% median price change over 1 month - declining prices in the area 1

54 months of housing supply - 54 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 6 spots 80

Unfinished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.74% effective tax rate ($2,949/yr) - below the Canadian average of ~1% 78

-12.5% area price change year-over-year - significant price correction in Chatham Kent 1

62% renter population - strong rental demand in this area 100

Quality

Condition

Listing

12 photos provided - below the area average of 33 photos 75

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* 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.