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92 COPPERFIELD Crescent, Chatham — listed at $395,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Well-maintained detached single-family home with a spacious basement in-law suite, currently leased and providing excellent rental income. The main/upper level features 3 bedrooms and 1 bathroom and is currently tenanted at $2,050/month. The basement in-law suite offers 1 bedroom and 1 bathroom and is currently leased for $1,000/month, generating a combined gross rental income of $3,050/month or $36,600 annually. Situated on a large lot with a spacious backyard in a quiet, family-friendly neighbourhood, this home is conveniently located close to schools, parks, shopping, transit, and other amenities. The property has been freshly painted and thoughtfully upgraded, including a 200-amp electrical panel (approximately 2 years old), new sump pump, new electric water heater, 3-year-old heat pump, and an updated basement kitchen and bathroom (approximately 2 years old). New driveway completed in September 2026. A great opportunity for homeowners, investors, or buyers looking for rental income to help offset carrying costs. Immediate rental income and excellent long-term potential in a desirable location. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 5'0'' x 11'4'' |
| Other | Basement | 4'0'' x 11'4'' |
| Kitchen | Basement | 5'3'' x 10'3'' |
| 3pc Bathroom | Basement | 5'8'' x 9'10'' |
| Bedroom | Basement | 11'0'' x 10'4'' |
| Living room | Basement | 10'5'' x 21'9'' |
| Other | Second level | 5'10'' x 11'5'' |
| Bedroom | Second level | 8'6'' x 11'4'' |
| Bedroom | Second level | 11'1'' x 13'8'' |
| Bedroom | Second level | 10'4'' x 11'5'' |
| Other | Main level | 6'3'' x 11'8'' |
| Kitchen | Main level | 10'5'' x 12'0'' |
| Dining room | Main level | 10'3'' x 10'4'' |
| Living room | Main level | 14'5'' x 12'2'' |
Is this a good starter home?+
At $395,000, this is priced in starter-home territory for Chatham. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 2 spaces.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 92 COPPERFIELD Crescent a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms (1659 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,451.78, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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