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201 PARK Street

201 PARK Street

Chatham, Ontario

  • 2 bed
  • 1 bath
  • Single Family
$229,900

Check out this 2-bedroom, 1-bath bungalow located in Chathams south end. This home offers an excellent opportunity for first-time buyers. small families or savvy investors looking to expand their portfolio. Currently tenanted at $1,500 per month plus utilities, this property provides immediate rental income with reliable occupancy already in place. The functional layout features a bright living space, two comfortable bedrooms, and a full bathroom, making it an ideal and practical home for buyers or investors. Significant exterior updates were completed in 2021, including new soffit, fascia, siding, and both the front and side porch refresh—adding to the home’s curb appeal and long-term value. Conveniently located close to amenities, schools, and parks, it combines affordability, low maintenance and investment upside! All showings require minimum 24hrs notice.

Price History

Schools

Elementary

  • Queen Elizabeth II C Public School0.8 km

    Public · Lambton Kent DSB · 315 students

    Grade 3 reading: 56% met the provincial standard · Grade 6 math: 15% met the provincial standard

  • Victor Lauriston Public School1 km

    Public · Lambton Kent DSB · 320 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 0% met the provincial standard

  • Winston Churchill Public School2 km

    Public · Lambton Kent DSB · 250 students

    Grade 3 reading: 62% met the provincial standard · Grade 6 math: 29% met the provincial standard

Secondary

  • Ursuline College Chatham Catholic Secondary School1.6 km

    Catholic · St Clair CDSB · 1335 students

    Grade 10 literacy: 88% met the provincial standard

  • John McGregor Secondary School2.3 km

    Public · Lambton Kent DSB · 560 students

    Grade 10 literacy: 65% met the provincial standard

  • Chatham-Kent Secondary School2.4 km

    Public · Lambton Kent DSB · 1150 students

    Grade 10 literacy: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N7M

Population
25,579
Private dwellings
11,361
Median age
44
Average household size
2.3
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Chatham · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of single family properties in Chatham over the last 12 months.

Walk Score

77

Walk

47

Bike

Scores by Walk Score®

Location

Street View

Mortgage Calculator

$45,980

Estimated Monthly Payment

$1,129

Land transfer tax

Estimated land transfer tax$2,024

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,129/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $57/mo

Estimates only. Consult a financial advisor.

R

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