700 Wallace Street, Chatham-Kent, ON

$249,000
MLS#:X12733306
2 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Wallaceburg. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $249,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 59.4 x 75.9 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned, On Demand Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Here's a great opportunity for first-time home buyers to get into the market, often for less than the cost of renting. This cozy 1.5-storey home sits on a desirable corner lot, offering extra space, privacy, and great visibility. The home has been freshly painted throughout, giving it a clean, move-in-ready feel. The main floor features a practical and convenient layout, complete with furnace, on-demand hot water system, and a newer roof. Added insulation helps keep the home comfortable year-round, while the bathroom and flooring are neat and well maintained. Bright upper-level open loft with new carpet and reinforced flooring, offering flexible use as a home office, den, or guest space, and includes a closet. Outside, enjoy a fully fenced backyard ideal for kids, pets, or relaxing in privacy. Additional storage is available with a rear shed, and a large carport provides excellent covered parking or extra storage space. Clean, cozy, and well cared for, this home is ready for its next owner.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date1/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size59.4 × 75.9 Feet
CountyChatham-Kent
Annual Tax$1,244.81
Legal DescriptionLT 44 PL 112; CHATHAM-KENT

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard

Community Features

Location

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700 Wallace 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 700 Wallace Street, Chatham-Kent, ON N8A 1K2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$199,200
Monthly Mortgage$1,157
Property Tax (Est.)$104
Utilities & Maint.$350
Total Monthly Cost$1,611

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Chatham-Kent.

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

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%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

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.