Attention Investors & Savvy Homebuyers! Discover exceptional value in this fully detached raised ranch in the heart of Chatham, featuring a city-permitted lower unit with a private walkout and separate laundry - offering the perfect opportunity to generate steady rental income, offset your mortgage, or accommodate extended family. The bright lower level includes two spacious bedrooms, a cosy gas fireplace, a convenient kitchenette, and direct access to the backyard, making it ideal for tenants or multigenerational living. Upstairs, you'll find an inviting eat-in kitchen with balcony walkout, two bedrooms with brand-new laminate flooring, fresh paint throughout, new closet doors, and its own dedicated laundry, ensuring comfort and modern appeal. Situated in a peaceful, family-friendly neighbourhood and just steps from a local public school, this move-in-ready home is a rare combination of comfort, affordability, and income potential - all in one exceptional property.