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License# 4713274

Cell/Direct: 647-298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

416-656-3500

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Home/MLS® Search/Chatham-Kent/194 Merritt Avenue

194 Merritt Avenue

Chatham-Kent, ON N7M 5Y4

NewActiveFor Sale
4 Beds
2 Baths
700 Sq Ft
0 Lot Sq Ft
Single Family Home

About This Property

Attention Investors & Savvy Homebuyers! Discover exceptional value in this fully detached raised ranch in the heart of Chatham, featuring a city-permitted lower unit with a private walkout and separate laundry - offering the perfect opportunity to generate steady rental income, offset your mortgage, or accommodate extended family. The bright lower level includes two spacious bedrooms, a cosy gas fireplace, a convenient kitchenette, and direct access to the backyard, making it ideal for tenants or multigenerational living. Upstairs, you'll find an inviting eat-in kitchen with balcony walkout, two bedrooms with brand-new laminate flooring, fresh paint throughout, new closet doors, and its own dedicated laundry, ensuring comfort and modern appeal. Situated in a peaceful, family-friendly neighbourhood and just steps from a local public school, this move-in-ready home is a rare combination of comfort, affordability, and income potential - all in one exceptional property.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Lot Size0 sq ft
Bedrooms4
Bathrooms2
ListedMarch 31, 2026
Postal CodeN7M 5Y4

Features & Amenities

  • View
  • Fireplace
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12938634

Listed by PROPERTY.CA INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$415,000

asking price

MLS®X12938634
TypeSingle Family Home
CityChatham-Kent
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,026

/month · $332,000 mortgage

Down Payment20% — $83,000
Interest Rate5.5%

Amortization

Total Interest

$275,950

Total Cost

$607,950

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

PROPERTY.CA INC.