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Price Change$719,900

580 23rd Street W

Owen Sound, Owen Sound

$699,900

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

This circa 1889 character home is filled with charm and history, offering spacious rooms, high ceilings, large bright windows, original woodwork and staircase, and a warm, inviting feel throughout. Set on an expansive lot, the property is treed, private, and backs onto ravine privacy, creating a park-like setting with abundant birds and wildlife. An unopened road allowance beside the home adds even more privacy, and you're just a short walk to Kelso Beach. Inside offers an updated kitchen and bathrooms, a main floor den, and four bedrooms all on the second level-a rare find. The kitchen island is ideal for get-togethers, and with a formal dining area and cozy livingroom with natural gas fireplace, it is the perfect combination. The main floor also features ceramic and hardwood flooring throughout. Enjoy multiple outdoor living spaces including two covered porches, decks, and a seasonal sunroom overlooking the yard. The beautifully landscaped grounds include a pond with waterfall, gazebo, and gardens, offering a true backyard retreat.The finished third floor provides an excellent bonus space, currently used as a grandkids' playroom, complete with a Belvedere-style raised skylight. The lower level is high, dry, and features a walk-out to the backyard, plenty of storage, and is already plumbed for a future bathroom, offering great potential for additional living space. Numerous updates include a high-efficiency natural gas furnace, updated electrical and plumbing, and updated windows. The home also features central vacuum. Lovingly maintained by the same family for over 65 years, this home is truly special property in a serene setting-rarely does a treasure like this come to market.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,024
Lot Size101.21 ft x 199.12 ft
mls© NumberX13470798
Listed ByRE/MAX Grey Bruce Realty Inc.

Listing History

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  • 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%
$3,582
Property tax
$335
Heat allowance
$150
Housing costs
$4,068 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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