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50 INDIAN CREEK Road

50 INDIAN CREEK Road

Chatham, Ontario

  • Vacant Land
$1,900,000

THIS VACANT LAND IS THE MOST AMAZING PROPERTY IN SOUTH CHATHAM. LOCATED AT THE END OF LACROIX ST. AND INDIAN CREEK ROAD IT IS CLOSE TO SHOPPING SCHOOLS, RESTAURANTS AND GREAT ACCESS TO HWY 401 EAST AND WEST. THIS PROPERTY HAS APPROVAL FROM THE CITY OF CHATHAM FOR A 9 STOREY 87 UNIT MULTI FAMILY BUILDING. IT ALSO HAS APPROVAL FROM THE ONTARIO LAND TRIBUNAL FOR ZONING OF SAID BUILDING. OF COURSE A PROSPECTIVE BUYER WILL HAVE TO GET A SITE PLAN APPROVAL FOR THEIR OWN BUILDING. THE SELLER WILL GLADLY DISCUSS THE DESIGN OF THEIR PLANS FOR THE APPROVED STRUCTURE. ALL PRELIMINARY APPROVALS ARE IN PLACE. THE BUYER AT THE BUYERS EXPENSE TO VERIFY SAID APPROVALS. PLEASE CALL THE LISTING AGENT TO DISCUSS DETAILS.

Price History

Schools

Secondary

  • John McGregor Secondary School0.6 km

    Public · Lambton Kent DSB · 560 students

    Grade 10 literacy: 65% met the provincial standard

  • Ursuline College Chatham Catholic Secondary School3.1 km

    Catholic · St Clair CDSB · 1335 students

    Grade 10 literacy: 88% met the provincial standard

  • Chatham-Kent Secondary School4.4 km

    Public · Lambton Kent DSB · 1150 students

    Grade 10 literacy: 77% met the provincial standard

Elementary

  • Victor Lauriston Public School1.1 km

    Public · Lambton Kent DSB · 320 students

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

  • Queen Elizabeth II C Public School1.2 km

    Public · Lambton Kent DSB · 315 students

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

  • Indian Creek Road Public School1.4 km

    Public · Lambton Kent DSB · 665 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 61% 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

Vacant Land 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 vacant land properties in Chatham over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$380,000

Estimated Monthly Payment

$9,334

Land transfer tax

Estimated land transfer tax$34,475

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: $9,334/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $475/mo

Estimates only. Consult a financial advisor.

R

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