$395,000
For sale: Detached

Well-maintained detached single-family home with a spacious basement in-law suite, currently leased and providing excellent rental income. The main/upper level features 3 bedrooms and 1 bathroom and is currently tenanted at $2,050/month. The basement in-law suite offers 1 bedroom and 1 bathroom and is currently leased for $1,000/month, generating a combined gross rental income of $3,050/month or $36,600 annually. Situated on a large lot with a spacious backyard in a quiet, family-friendly neighbourhood, this home is conveniently located close to schools, parks, shopping, transit, and other amenities. The property has been freshly painted and thoughtfully upgraded, including a 200-amp electrical panel (approximately 2 years old), new sump pump, new electric water heater, 3-year-old heat pump, and an updated basement kitchen and bathroom (approximately 2 years old). New driveway completed in September 2026. A great opportunity for homeowners, investors, or buyers looking for rental income to help offset carrying costs. Immediate rental income and excellent long-term potential in a desirable location.
Sold data
Homes in Chatham-Kent (Kent Bridge) took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 59, across 126 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $361,950.
Homes sold for about 4.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 126 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
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