92 COPPERFIELD Crescent, Chatham-Kent, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kent Bridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $395,000 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 35.58 x 0.5 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Well-maintained detached home with two rentable units, ideal for homeowners or investors. The upper unit features 3 bedrooms and 1 bathroom and is tenanted at $2,050/month. The vacant lower-level unit offers 1 bedroom and 1 bathroom with an estimated market rent of $1,285/month, providing strong income potential and a projected gross income of $40,020/year. The property sits on a large backyard in a quiet, family-friendly neighborhood close to schools, parks, and amenities. Freshly painted and upgraded for peace of mind, with recent improvements including a 200-amp electrical panel (2 yrs), new sump pump, new electric water heater, 3-year-old heat pump, and updated basement kitchen and bathroom (2 yrs). An excellent turnkey investment or live-in-one, rent-the-other opportunity with strong income potential in a desirable location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 92 COPPERFIELD Crescent, Chatham-Kent, ON N7M 5X6
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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 $395,000 in Chatham-Kent, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.