16 & 18 Cathcart Street, Chatham-Kent, ON

$1
MLS#:X9254941
0 beds
0 baths
Residential Freehold
16 & 18 Cathcart Street, Chatham-Kent, ON N0P 2L0
⚠️

Property no longer active

This property was sold on September 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Tilbury. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 52 x 104 ft lot size
  • Notable attributes: Other

Description

**Charming 3-Bedroom Bungalow and Vacant Lot in Prime Location** Nestled in the sought-after neighborhood of Cathect St, this charming single-family home and adjacent vacant lot present a unique real estate opportunity. Located at 16 and 18 Cathect St, this 3-bedroom bungalow and older existing garage on the vacant lot are within walking distance to all essential amenities, making it an ideal investment for both homeowners and builders. Walking distance to schools, parks, shopping, and other essential amenities. Ideal for families looking for convenience and accessibility. Excellent potential for future development in a thriving neighborhood. Move-in ready bungalow perfect for families. Vacant lot offers endless possibilities for builders and contractors

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Property Summary

This vacant land located at 16 & 18 Cathcart Street, Chatham-Kent is currently for sale and has been available on SousaSells for 723 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 16 & 18 Cathcart Street, Chatham-Kent is in the Tilbury neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Tilbury, Chatham-Kent.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in Tilbury, Chatham-Kent
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 27, 2024
Sold price information is available to members only
Listed Date8/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size52 × 104 Feet
CountyChatham-Kent
Annual Tax$1,200
Legal DescriptionLT 28, CATHCART ST, PLAN 192 RALEIGH

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 16 & 18 Cathcart Street, Chatham-Kent, ON

Q.What is the asking price for 16 & 18 Cathcart Street, Chatham-Kent, ON ?

The current listing price for 16 & 18 Cathcart Street, Chatham-Kent, ON in Tilbury, Chatham-Kent is $1.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 16 & 18 Cathcart Street, Chatham-Kent, ON ?

16 & 18 Cathcart Street, Chatham-Kent, ON is a Vacant Land () featuring a basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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16 & 18 Cathcart Street, 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 16 & 18 Cathcart Street, Chatham-Kent, ON N0P 2L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$0 (0.0%)
* Minimum Canadian down payment required for this price is $0.
Amortization Period30 Years
Estimated Monthly Payment$0Based on a loan of $1 over 30 years.
Purchase Price$1
Loan Amount$1
Provincial Land Transfer Tax:$0
Total Estimated Closing Taxes:$0

About Purchasing a Home in Chatham-Kent, ON

For a property listed at $1 in Chatham-Kent, the legal minimum down payment is $0 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 $0 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 $0.

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Tilbury, Chatham-Kent Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$214,950

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%

Best Schools in Tilbury, Chatham-Kent

Elementary Schools

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Secondary Schools

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Tilbury, Chatham-Kent Demographic Home information

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.