518 Nelson Street, Chatham-Kent, ON
Property no longer active
This property was sold on April 4, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wallaceburg. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $299,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 100 ft lot
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Move-in-Condition, 2 bedroom 1 bath bungalow with garage in a desirable community that is just moments from shopping, restaurants, and more! Oversized kitchen overlooking the beautifully manicured backyard, the backyard includes a covered patio perfect for morning coffees. 2 bedrooms on the main floor, newly renovated bathroom, and main floor laundry. This home is perfect for a retired couple or a first time home buyer.
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Property Summary
This detached home located at 518 Nelson Street, Chatham-Kent is currently for sale and has been available on SousaSells for 480 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 518 Nelson Street, Chatham-Kent is in the Wallaceburg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 518 Nelson Street, Chatham-Kent, ON N8A 4H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Chatham-Kent, ON
For a property listed at $299,900 in Chatham-Kent, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.
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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.