244 Elm Street W, Chatham-Kent

$289,000
244 Elm Street W

$289,000

Price Change
32d
Detached2-Storey

244 Elm Street W, Chatham-Kent

Total Monthly Obligation $1,662

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
32d
Yield
10.0%
Cash on Cash
18.9%
Cap Rate
8.6%
5Y IRR
31.1%
10Y IRR
27.9%
Property Type-Detached
MLS® Number-X13812018
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50.16 × 132.4 ft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1,451 (2026)
Parking-2 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Concrete
Sewer-Septic
Possession-flexible/immediate
Neighbourhood-Bothwell
Title-Residential Freehold

No agent assigned

Tired of paying rent ? Stop putting money in your landlord's pockets, and build some equity of your own. Most properties at this price point need enormous amounts of work and money, or worse, a bulldozer. This one needs none of this. It's a modest two storey home for sale in the quaint little village of Bothwell. Maintenance free exterior, located close to main street and the park. There is main floor laundry, a large eat-in country kitchen, formal dining and living room with hardwood. There is another small room on the main floor that could be a fourth bedroom in a pinch, as it has a window. Upstairs is a huge primary bedroom with two additional smaller bedrooms. There are some replacement windows, new furnace in 2023, and the roof is under ten yrs old as well. Everything works as it should, and can easily be moved into, while you consider making it the way you want. Excellent for first time buyers, who are looking for a safe, affordable, and peaceful place to live and raise a family. Taxes are incredibly cheap, compared to larger centres. Easy to show with a very flexible closing. Do the numbers, it's a no-brainer. Make Bothwell your home !

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Closing Costs

Mortgage Amount
$231,200
Land Transfer Taxes$2,810
Legal Fees (Est.)
$
Total cash required for closing$62,110

Total Monthly Obligation

$1,662/mo
Mortgage $1,166
Monthly Loss $1,355
Principal$307
Interest$859
Property Tax$121
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 244 Elm Street W

Time

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