1271 2nd Avenue E
Owen Sound, Owen Sound
$285,000
Welcome to 1271 2nd Ave East, an excellent opportunity for investors or those looking to add their own finishing touches. Recent updates include the roof, select windows, siding, and Furnace all completed in 2019. The main floor features a spacious eat-in kitchen, a large recreation room, and a convenient 3-piece bathroom. Upstairs, you'll find two bedrooms and a 4-piece bathroom. With solid updates already in place, this property offers great potential for customization and value enhancement.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,406 |
| Lot Size | 26 ft x 95 ft |
| mls© Number | X13474648 |
| Listed By | Sutton-Sound Realty |
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%
- $1,459
- Property tax
- $201
- Heat allowance
- $150
- Housing costs
- $1,809 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$56,000
gross annual household income
- Payment at 4%
- $1,199 / mo
- Cash down
- $57,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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