3+2 Brick Bungalow with Private Entrance

Property details for 127 Coverdale Street, Chatham

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 3
Lot Size: 60 X 148.53 FT
Stories: 1
Parking: Other
Heating: Forced air, Natural gas, Furnace
Exterior: Brick
Ownership: Freehold

This 3+2 bed, 2.5 bath brick bungalow sits on a 60 x 148.53 ft lot in Chatham's Northside. At 1,500 sqft (per photos, no formal measurement), the main floor has hardwood and laminate, a living room, dining room, and 3 bed, 1 bath. The basement is fully finished with a separate kitchen, 2 more beds, and a 2pc bath, plus a private entrance - perfect for an in-law suite or rental income. The kitchen has newer appliances (washer, stove, dryer, two fridges). Forced air gas heat, block foundation. Newer windows throughout. Driveway is concrete, single width. Location-wise, you're a 5-minute walk (300 meters) from Chatham-Kent Secondary School, and 1 km from McNaughton Ave Public School. Food Basics is 1.2 km away, plus a bunch of restaurants within 1.5 km. Property taxes aren't listed, but the asking price is $399,900. With only 7 active listings nearby and a median price of $539k, this is one of the more affordable options in the area. Sold comps? One place went for $899k recently, so there's a wide range. If you're looking for a solid, practical home with income potential, this is worth a look.

About 127 Coverdale Street, Chatham — Property Score

Great Location Hot Market Well Priced

Score: 67/100

Value

Priced 24.5% below area median of $529,450 based on 102 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

3 bathrooms - 1 more than similarly priced properties nearby 72

8,912 sqft lot - a generous lot for the area 78

Location

$43K median household income - below the Canadian average of $70K 52

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

63% homeownership rate - a balanced mix of owners and renters 74

77% of residents commute under 30 minutes - excellent commuter accessibility 92

2,492/km² population density - a well-balanced suburban area 95

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

No cooling system listed - common in cooler climate areas 30

No premium extras like pool, waterfront, or view 50

Investment

34% renter population - moderate rental market 71

Quality

Condition

Listing

29 photos provided - below the area average of 35 photos 92

2 of 7 key property details provided (29%) - some key property details missing 49

* 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.