5 Tiffany Street, Chatham-Kent, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Chatham-Kent. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $439,000 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 88 x 123.42 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: On Demand Water Heater
- equipped with none, window unit(s) central cooling and highly efficient forced air heating via gas
Description
Turnkey Duplex Opportunity!Discover this fully converted duplex situated on an impressive approximately -acre lot in a desirable neighbourhood in Ridgetown. Extensively renovated in 2022, this low-maintenance property is an excellent opportunity for investors and owner-occupants alike.The duplex features two spacious rental units generating a combined $3,520 per month in rental income. The front unit rents for $1,725/month (all-inclusive), while the rear unit rents for $1,795/month, with the tenant responsible for their own gas service.Designed with tenant appeal in mind, each unit enjoys its own private backyard space, offering added privacy and outdoor living that's rarely found in duplex properties. The generous lot also provides ample parking and plenty of room to enjoy.With extensive updates already completed and reliable rental income in place, this property offers a seamless investment opportunity from the day you take possession. Whether you're expanding your investment portfolio or searching for your first home, this property also presents an excellent house-hacking opportunity-live in one unit while the rental income from the other helps offset your mortgage and monthly expenses.Don't miss this opportunity to own a fully renovated income property with exceptional flexibility, offering the potential to generate income from day one while building long-term wealth.Please provide 24 hour notice on all showings.
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Property Summary
This duplex located at 5 Tiffany Street, Chatham-Kent is currently for sale and has been available on SousaSells for 8 days. This property is listed at $439,000 with an estimated mortgage of $1,461* per month. It has 6 beds, 2 bathrooms, and is 1500-2000 square feet. 5 Tiffany Street, Chatham-Kent is in the Chatham-Kent neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Chatham-Kent, Chatham-Kent.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Chatham-Kent, Chatham-Kent.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- On Demand Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 5 Tiffany Street, Chatham-Kent, ON
Q.What is the asking price for 5 Tiffany Street, Chatham-Kent, ON ?
The current listing price for 5 Tiffany Street, Chatham-Kent, ON in Chatham-Kent, Chatham-Kent is $439,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 5 Tiffany Street, Chatham-Kent, ON ?
5 Tiffany Street, Chatham-Kent, ON is a Duplex (2-Storey) featuring a Partial Basement basement.
Q.What interior features are included in this home?
Interior highlights include: On Demand Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None, Window Unit(s).
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Pricing & Value Insights
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About Purchasing a Home in Chatham-Kent, ON
For a property listed at $439,000 in Chatham-Kent, the legal minimum down payment is $21,950 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 $5,255 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 $5,255.
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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.