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Listed 4 months ago

1427 5th "A" Avenue W

Owen Sound, Owen Sound

$449,000

Detached|1 1/2 Storey
4 | 2 | 3
About this home

This character home on a quiet dead-end street in Owen Sound's west end offers 4 bedrooms, 2 bathrooms, a detached workshop, and interior finishes that must be seen to be appreciated. The main level centres on a striking addition that now serves as a bedroom, but would be fit to be another living room! Custom built-in bookshelves with arched detailing, a gas fireplace, exposed brick and patio doors to a private deck. Flowing into a well-equipped kitchen and a moveable butcher block island. New roof 2022. Detached workshop with electricity, private driveway with 3 parking spaces.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,336
Lot Size40 ft x 82 ft
mls© NumberX13226428
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%
$2,298
Property tax
$361
Heat allowance
$150
Housing costs
$2,810 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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