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Listed 3 months ago

1893 8th Avenue W

Owen Sound, Owen Sound

$629,000

Detached|1 1/2 Storey
3 | 3 | 6
About this home

Welcome to this lovely West Side family home, ideally located in a sought-after neighbourhood of newer homes and just minutes from Georgian Bay and Kelso Beach. Set on a spacious lot with a large backyard, this home offers plenty of room for families to enjoy both indoor and outdoor living. The main floor offers the option of single level living with two comfortable bedrooms, full bath, kitchen, dining, living room, and laundry. The fully finished lower level two additional bedrooms, a three piece bath, and a large rec room, providing flexible space for a growing family, guests, home office or gym. The second story of the home offers a unique option for expansion or future use, and already includes a 3-piece bath (fixtures installed), roughed-in kitchen, large open area, and a separate room. Possible options could include use as a second-storey master suite, creating a multi-generational living arrangement, or developing a self-contained apartment (subject to required approvals). The home can easily adapt to your changing needs. A large attached garage provides convenient basement access and includes additional storage space above, making it ideal for hobbies, seasonal items, or extra equipment. This is a fantastic opportunity to own a versatile home in one of the West Side's most desirable locations, close to parks, beaches, schools, and all the amenities Owen Sound has to offer. (43605582)

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$4,655
Lot Size39.9 ft x 165.25 ft
mls© NumberX13567860
Listed ByRon Hopper Real Estate Ltd.

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%
$3,220
Property tax
$388
Heat allowance
$150
Housing costs
$3,757 / mo

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

Down payment20% · $125,800
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

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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