Homula Realty Brokerage
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58 Albert Avenue, Chatham-Kent, ON N0P 2C0

Vacant Land
$184,900
Property tax
$116 / year

Build your vision in the welcoming community of Ridgetown! This vacant lot presents an excellent opportunity to create a custom home or investment project in a peaceful small-town setting. Enjoy the convenience of nearby schools, parks, shopping, and everyday amenities, while benefiting from easy access to surrounding communities and major highways. For those seeking additional space or expanded development potential, the adjoining lot is also available for purchase, providing a rare opportunity to secure a larger footprint. Whether you're a builder, investor, or future homeowner, this property offers the flexibility to bring your plans to life. Buyers are encouraged to complete their own due diligence regarding zoning,building permits, permitted uses, lot dimensions, municipal services, and development requirements.

MLS number
X13506410
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0P 2C0
Photos
2
Laundry
Not in the unit
75days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Ridgetown District High School
Lambton Kent DSB
Secondary844 m4.8 / 10
48% met the standard · 2 of 6 measures
Ridgetown DHS-Gr. 7 & 8
Lambton Kent DSB
Elementary845 mNot reported
St Michael Catholic School
St Clair CDSB
Elementary1.3 km5.6 / 10
56% met the standard
Naahii Ridge Public School
Lambton Kent DSB
Elementary1.5 km5.3 / 10
53% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 527 people.

$57,200Median household income
56.6%Own their home
58%Detached houses
42.8Median age
8.3%Born outside Canada
14%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35360171 — the few blocks around this address, home to 527 people. It describes the area, not this property.

527Population
43.4Average age
2.1Household size
$69,000Average household income
$57,200Median household income
57%Own their home
43%Rent
0%Condominiums
8%Born outside Canada
14%University degree
$268,000Average home value
16%Low income
62%Not in the labour force
26%Never married
$15,000 to $19,9992%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9995%
$40,000 to $44,9997%
$45,000 to $49,9995%
$50,000 to $59,9999%
$60,000 to $69,9997%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9997%
$100,000 and over16%
$100,000 to $124,9997%
$125,000 to $149,9994%
$150,000 to $199,9994%

Percentages are of the 275 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$36,980 · minimum here is $9,245
$818.70per month
Borrowed before insurance$147,920
Total borrowed$147,920
Interest over 25 years at 4.5%$97,689

If you rented it out

-$828.36per month out of pocket
Rent$0.00
Everything it costs to hold$828.36
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by BLUE FOREST REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.