271 Joseph Street, Chatham-Kent

$398,000
271 Joseph Street

$398,000

New
23d
Detached1 1/2 Storey

271 Joseph Street, Chatham-Kent

Total Monthly Obligation $2,292

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
23d
Score
28
Yield
7.4%
Cash on Cash
5.9%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13846230
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 192 ft
Listed on site-Sep 30, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,740 (2026)
Parking-4 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-EASY LIST REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Negotiable
Neighbourhood-Chatham
Title-Residential Freehold

No agent assigned

Visit the REALTOR website for further information about this Listing. Thoughtfully designed to support local biodiversity, this unique property features more than 250 species of native plants, along with ponds, a stream, woodpiles, a small meadow and wetland area. No pesticides are used, and approximately 95% of the plantings are native to the area. A complete list of planted native species is available. Rather than traditional turf grass, the landscape focuses on natural habitat, with pathways throughout and a dedicated vegetable garden area. The fully fenced backyard sits on a generous 55' x 192' lot. Built in 1947, the home has seen numerous updates including shingles (2007), foundation waterproofing (2015), concrete driveway and sidewalk (2016), full bathroom renovation (2019), kitchen renovation (2021), sump water-pressure backup, gas water heater and heat pump (2023), basement renovation (2025) and exterior paint (2026). Vinyl windows were installed approximately in 2000. The interior is finished in warm, light-neutral tones. The basement offers an open finished family room, adjacent cold room, laundry, furnace, central vac and storage/workshop space. Refrigerator and stove (2023), washer and dryer are included. A unique 10' x 10' roofed chain-link catio provides secure outdoor access for cats through a basement window and air-lock cubicle. A detached 1.5-car garage includes an opener, upper and lower cabinetry and countertop workspace. Additional features include a rear vinyl storage shed and potting area with sink behind the garage. A truly special home combining thoughtful updates with an exceptional nature-focused landscape.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$318,400
Land Transfer Taxes$4,445
Legal Fees (Est.)
$
Total cash required for closing$85,545

Total Monthly Obligation

$2,292/mo
Mortgage $1,605
Monthly Loss $1,870
Principal$422
Interest$1,183
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.2%6
5-Year IRR
14.8%70
10-Year IRR
14.5%
Returns Index
36.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,400/yr
NOI
$18,220/yr
Net Cash Flow
-$87/mo
Cash Margin
-3.6%2
Cash Flow Index
2.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
37.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 271 Joseph Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.