12 Montgomery Drive, Unit 16, Chatham-Kent, ON

$239,000
MLS#:X9040086
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Wallaceburg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $239,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater
  • Efficient baseboard heating via electric

Description

RARE TO FIND: VACANT 3 beds, 1 full bath and 1 powder room on the top (2nd) floor with skylight in the kitchen, ready for immediate possession. This spacious unit faces south, on the back side of the building, which is fully fenced, providing privacy. Covered walkout balcony overlooking mature trees. This well maintained condo offers secured building entry with intercom service to each unit and free parking. Shared laundry is on the same floor. This unit is equipped with owned hot water tank, fridge, stove, dishwasher and waiting for your personal touches. Convenient location steps from central plaza with Walmart, Shoppers Drug Mart, Canadian Tire, McDonalds, Tim Horton, medical offices, vet clinic and other amenities

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Property Summary

This condo apartment located at 12 Montgomery Drive, Chatham-Kent is currently for sale and has been available on SousaSells for 730 days. This property is listed at $239,000 with an estimated mortgage of $796* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 12 Montgomery Drive, Chatham-Kent is in the Wallaceburg neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 11, 2024
Sold price information is available to members only
Listed Date7/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyChatham-Kent
Annual Tax$600.52

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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12 Montgomery Drive, Unit 16, Chatham-Kent, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 12 Montgomery Drive A202, Chatham-Kent, ON N8A 5B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Chatham-Kent.

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Interest Rate4.00%
Down Payment$71,700 (30.0%)
* Minimum Canadian down payment required for this price is $11,950.
Amortization Period30 Years
Estimated Monthly Payment$796Based on a loan of $167,300 over 30 years.
Purchase Price$239,000
Loan Amount$167,300
Provincial Land Transfer Tax:$2,115
Total Estimated Closing Taxes:$2,115

About Purchasing a Home in Chatham-Kent, ON

For a property listed at $239,000 in Chatham-Kent, the legal minimum down payment is $11,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,115 for this transaction. As this listing is in Chatham-Kent (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,115.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wallaceburg, Chatham-Kent.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$418,584

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.