87 Gray St is a 3-bedroom, 1-bathroom detached home in Chatham-Kent, listed for $249,900. It has 1100-1500 sq ft of living space.
1Welcome to 87 Gray Street, a spacious 3-bedroom home offering an impressive list of recent updates and a fantastic amount of indoor and outdoor living space.
2A newly built bathroom adds modern convenience, while new plumbing and electrical provide peace of mind.
3A large deck with a convenient patio door walkout creates an ideal space for summer BBQs and outdoor gatherings.
Welcome to 87 Gray Street, a spacious 3-bedroom home offering an impressive list of recent updates and a fantastic amount of indoor and outdoor living space. Extensively renovated, this home is an excellent opportunity for buyers looking for a property where the major work has already been taken care of.The main floor features a bright and functional layout with a newly renovated kitchen, fresh paint and new flooring throughout. A newly built bathroom adds modern convenience, while new plumbing and electrical provide peace of mind. The home is also equipped with a new 2-in-1 outdoor furnace and air conditioning system, along with a new on-demand tankless hot water system.Step outside and enjoy the huge backyard, complete with brand-new fencing and plenty of room for entertaining, children or pets. A large deck with a convenient patio door walkout creates an ideal space for summer BBQs and outdoor gatherings. The property also offers a new gravel parking area for added convenience.With extensive renovations already completed and plenty of outdoor space to enjoy, 87 Gray Street is truly move-in ready and waiting for its next owner!
3 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $227 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 87 Gray St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
87 Gray St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,228
/mo
based on the purchase price of $249,900
$49,980 cash
$199,920 financed
$168,385 total interest
Principal54%$199,920
Interest46%$168,385
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Chatham-Kent
Other 2–3 bed homes for sale in Chatham-Kent around $250K.
Average days on market52Homes sold in about 52 days on average.
Sale-to-list ratio93.4%On average, homes sold below asking.
Active listings184Homes for sale here right now.
Median vs prior 90 days−3.5%Compared with May 7 – Aug 5, 2026: prices down.
Based on 45 sales from Aug 5 – Nov 3, 2026 (46 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 87 Gray St
How much is 87 Gray St listed for?
87 Gray St is listed at $249,900 (MLS® X13778580). Summitly updates the price as soon as the MLS® record changes.
Is $249,900 a good price for 87 Gray St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Chatham-Kent. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 87 Gray St changed?
Yes — it was first listed at $274,900 and is now $249,900, a drop of $25,000 (9.1%).
How many bedrooms and bathrooms does 87 Gray St have?
87 Gray St has 3 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Chatham-Kent.
How much would the monthly mortgage be on 87 Gray St?
About $1,228 a month — principal and interest on $249,900 with 20% down ($49,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 87 Gray St compare with other homes in Chatham-Kent?
Its asking price of $249,900 is about 25% below the median sold price in Chatham-Kent over the last 90 days, $333,000, across 45 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 87 Gray St been sold before?
Summitly has no earlier MLS® sale or lease of 87 Gray St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 87 Gray St?
87 Gray St is in Chatham-Kent, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 87 Gray St been on the market?
50 days — 87 Gray St was listed on September 14, 2026.
What is the price per square foot of 87 Gray St?
About $167 to $227 per square foot: the asking price of $249,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 87 Gray St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 87 Gray St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
