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118 RIVERVIEW DRIVE Unit# 412, Chatham, Ontario, N7M 1A5

MLS® # 25005497
Condo For Sale In Chatham, Ontario
$199,000 QuickQuoteTM: $182K - $222K

2 Beds

1 Bath

118 Riverview Drive Unit# 412, Chatham, ON - Outdoor
118 Riverview Drive Unit# 412, Chatham, ON - Outdoor
118 Riverview Drive Unit# 412, Chatham, ON - Outdoor
118 Riverview Drive Unit# 412, Chatham, ON - Outdoor With Facade
118 Riverview Drive Unit# 412, Chatham, ON - Outdoor With Exterior
118 Riverview Drive Unit# 412, Chatham, ON - Indoor Photo Showing Kitchen
118 RIVERVIEW DRIVE Unit# 412, Chatham, Ontario, N7M 1A5
$199,000

2 Beds

1 Bath

Property Information:

Don't miss this Great investment opportunity or affordable, maintenance-free living at #412-118 Riverview Drive, Chatham, Ontario! This condo Unit features 2 generous sized bedrooms, 4 PC bath, a spacious living room, separate dining area with new carpet installed Feb 2025, large windows for tons of natural light and spacious storage closets. Same floor, shared laundry. With low condo fees that include heat, hydro, and water, ($447.68/month), this is hassle-free, maintenance free living at its best. Ample parking and great outdoor common area for your outdoor enjoyment. Located on a bus route and close to St Clair College, Tim Hortons, Restaurants, and Cascades Casino. For added security, an on-site building manager. Buyer agrees to assume the tenants at the time of closing. Current Rent is $1222.09 with a 2.5% Rent increase to take effect May 1, 2025 ($1252.64) Minimum 24 hour notice required for all showings. (id:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Exterior Finish: Brick
  • Flooring Type: Carpeted, Laminate
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters, Boiler
  • Heating Fuel:

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 2
  • Bathrooms: 1
  • Condo Fees: $447 Monthly
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Size: 0X
  • MaintenanceFee Type: Exterior Maintenance, Heat, Hydro, Water
  • Zoning: RM2
  • Parking Type: Open
  • No. of Parking Spaces: 2

Rooms:

  • Bedroom Main Level 3.66 m x 2.74 m
  • Bedroom Main Level 3.66 m x 2.74 m
  • Primary Bedroom Main Level 3.66 m x 3.05 m
  • Bathroom Main Level 2.13 m x 1.52 m
  • Kitchen Main Level 2.13 m x 1.83 m
  • Dining Main Level 2.74 m x 2.13 m
  • Living Main Level 6.10 m x 3.35 m

Convert Measurement to:

Metre

Courtesy of: CENTURY 21 MAPLE CITY REALTY LTD. Brokerage

REALTOR.ca  

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Market Price Trends

Condominium

0.3%

Price change (1 year)

60.65%

Price change (5 years)

All Properties

6.41%

Price change (1 year)

65.83%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 118 RIVERVIEW DRIVE Unit# 412, Chatham, Ontario, N7M 1A5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 118 RIVERVIEW DRIVE Unit# 412 , experiences 7 hot days per year at around 31.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 35.2 degrees Celsius.

Projected Avg. Temperature

Past
31.7℃
2050
35.2℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 118 RIVERVIEW DRIVE Unit# 412 , experiences 11 significant 2-day storms per year, with about 303.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 374.3mm of precipitation per year.

Precipitation Per Storm

Past
303.8mm
2050
374.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 118 RIVERVIEW DRIVE Unit# 412, Chatham, Ontario, N7M 1A5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$80,859.08

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.46 %

High school certificate or equivalent

34.36 %

Apprenticeship trade certificate/diploma

4.22 %

College/non-university certificate

28.25 %

University certificate (below bachelor)

0.05 %

University Degree

7.66 %

Commuter

Travel To Work

By Car

86.49 %

By Public Transit

2.08 %

By Walking

4.91 %

By Bicycle

0.0 %

By Other Methods

6.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

60.36 %

Houses

39.64 %

Own Vs. Rent

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