$199,900
106 Erie STREET North
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About this home
Build your dream home or investment property on this private half-acre lot in a peaceful small town. Surrounded by mature trees, this quiet retreat offers privacy and a serene setting. The east-facing frontage captures morning light, while the backyard provides space to enjoy sunsets and outdoor living. With ample room to build and create a generous yard, this property is ideal for those seeking tranquillity and space to grow. Located in a charming community, this lot combines privacy, location, and potential. Sanitary service & water service connection nearby. For gas service, contact Enbridge. For Hydro service contact Entegrus or Hydro One. Don’t miss your chance to secure this rare opportunity and start your next chapter today! Buyer is responsible for verifying all services, required permits and uses for this lot with the Municipality of Chatham-Kent Building Department at 519-360-1998. Hydro One 1-888-664-9376. Enbridge 1-866-772-1045. (id:65958)
- Subtype
- Vacant Land
- MLS#
- 26003767
- Area
- RIDGETOWN
Cash on cash
26.34%
Cap rate
11.16%
GRM
6.9
Break-even rent
$1,476
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.