Housing
Chatham-Kent offers excellent value, availability and low property taxes to the prospective homebuyer.
The table compares Chatham’s home prices to similar housing in other communities. Other communities within Chatham-Kent offer even more competitively priced housing.
|
Area
|
Detached Bungalow
|
Executive Detached Two-Storey |
Standard Two-Storey
|
Standard Condo Apartment |
|
Brantford |
$180,000 |
$285,000 |
$193,000 |
$146,00 |
|
Chatham |
$150,000 |
$235,000 |
$185,000 |
$76,000 |
|
Georgetown |
$295,000 |
$436,100 |
$334,363 |
$265,000 |
|
Guelph |
$247,000 |
$215,000 |
$246,500 |
$171,000 |
|
Kitchener |
$233,500 |
$351,500 |
$246,500 |
$139,800 |
|
London |
$224,300 |
$293,900 |
$233,700 |
$112,000 |
|
Orangeville |
$253,000 |
$317,000 |
$250,000 |
$175,000 |
|
Ottawa |
$515,000 |
$520,000 |
$456,000 |
$291,000 |
|
Sarnia |
$159,000 |
$250,000 |
$190,000 |
$156,000 |
|
|
|
|
|
|
Area
|
Standard Townhouse |
Senior Executive |
Luxury Condo
|
|
Brantford |
$180,000 |
$303,000 |
N/A |
|
Chatham |
$200,000 |
$350,000 |
$160,000 |
|
Georgetown |
$233,880 |
$568,067 |
$363,000 |
|
Guelph |
$187,000 |
$491,000 |
$236,000 |
|
Kitchener |
$209,500 |
$482,500 |
$369,000 |
|
London |
$155,700 |
$433,260 |
$218,400 |
|
Orangeville |
$193,000 |
$400,000 |
$220,000 |
|
Ottawa |
$297,000 |
$725,000 |
$412,000 |
|
Sarnia |
$110,000 |
$416,500 |
$350,000 |
|
|
|
|
Source: Royal Lepage Neighbourhood Pricing Trend Calculator, 4th Quarter, 2009
Selected Dwelling Characteristics
|
Total Number of Private Occupied Dwellings |
Number of Owned Private Occupied Dwellings |
Number of Rented Private Dwellings
|
|
43,525 |
31,780 |
11,745 |
|
|
|
Source: Statistics Canada –2006 Census
Rental Housing
Chatham-Kent has a wide selection of apartments for the apartment dweller to choose from. There are over 4,600 rental units consisting of three or more apartments in Chatham-Kent to choose from. The current vacancy rate is 6.6%.
Average Rent
|
1 Bedroom |
$550 |
|
2 Bedroom |
$641 |
|
3 Bedroom |
$663 |
|
|
Source: Canada Mortgage and Housing Corporation, Spring, 2009
|
|