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Listed 5 months ago

735 5th Avenue E

Owen Sound, Owen Sound

$479,900

Detached|1 1/2 Storey
2 | 1 | 3
About this home

This 1.5-storey brick residence is a woodland escape on an elevated lot in a quiet downtown residential neighborhood. The interior features a recent renovation with hardwood flooring installed throughout all living areas. The main floor offers a functional layout that connects the living spaces to the updated finishes. Large windows provide significant natural light across both levels of the home. The exterior includes a secluded stone patio bordered by a retaining wall. This outdoor space provides a private area for seating and dining. The property is located on a street characterized by slow traffic and turn of the century family homes. Local amenities, downtown services, Harrison Park and the Mill Damn are within walking distance of the front door. Recent improvements include: new hardwood and marble flooring including stairs, new interior lighting, smart thermostat, CAT internet cables in most rooms to optimize working from home, hardwired security system, exterior brick repointing, spray foam in basement.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,446
Lot Size39.17 ft x 117.43 ft
mls© NumberX13046584
Listed ByRE/MAX Grey Bruce Realty Inc.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,456
Property tax
$204
Heat allowance
$150
Housing costs
$2,810 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $95,980
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$2,019 / mo
Cash down
$95,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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