40 Frances Avenue, Chatham-Kent

$2,250,000
40 Frances Avenue

$2,250,000

New
22d
Farm

40 Frances Avenue, Chatham-Kent

Total Monthly Obligation $9,959

Beds
0
Baths
0
Park
0
DOM
22d
Property Type-Farm
MLS® Number-X13855418
Beds-0
Lot Size-45.621 Acres
Listed on site-Oct 1, 2026
Building Type-Farm
Taxes-$6,092.94 (2026)
Brokerage-COLLIERS SOUTHWESTERN ONTARIO
Fireplace-No
Pool-None
Sewer-Sanitary Available
Possession-Flexible
Neighbourhood-Chatham
Title-Commercial

No agent assigned

Just over 45 acres of future development land offering potential for a large-scale residential subdivision. Located adjacent to the settlement boundary, the site is relatively flat. While the property currently contains existing structures, they hold little contributory value; value is in the land's future development. Bordered by established, family-friendly neighborhood, ensuring a seamless transition for future residential phases. Situated with easy access to Bloomfield Road, providing easy access to the city and a quick connection to Highway 401

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Closing Costs

Mortgage Amount
$1,800,000
Land Transfer Taxes$42,725
Legal Fees (Est.)
$
Total cash required for closing$494,225

Total Monthly Obligation

$9,959/mo
Mortgage $9,076
Monthly Loss $7,570
Principal$2,388
Interest$6,688
Property Tax$508
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 40 Frances Avenue

Time

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Data last updated within the past 24 hours.