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Listed 2 months ago

1050 4th Avenue W

Owen Sound, Owen Sound

$849,000

Detached|2 1/2 Storey
5 | 4 | 4
About this home

Welcome to 1050 4th Ave. West, a show-stopping family home steeped in Owen Sound history. Built in the mid 1890s, the home was refashioned in the Beaux-Arts style for F.W. Harrison. This stately, historic home could be your new family home or a charming Bed & Breakfast. It has been lovingly preserved and restored, boasting many original features including intricate plaster work, diagonal mullioned windows, a marble fireplace, and beautiful, antique light fixtures, as well as five bedrooms, four bathrooms and a completely remodelled chef's kitchen. Enjoy your morning coffee in the sun-drenched breakfast room, or host large family gatherings in the generous dining and living rooms. Beautiful, stone-terraced, perennial gardens, and multiple, outdoor-entertaining spaces provide a quiet oasis just blocks away from the heart of downtown, while a finished third floor provides a perfect space to pursue hobbies or host family and friends. The original carriage house and large basement both offer excellent storage space or workshop potential. Other features include beautiful thin-strip maple hardwood, central air conditioning, newly installed terracotta floors with in-floor heat, and a grand, original staircase. Don't miss the opportunity to be part of the next chapter in the history of one of Owen Sounds flagship homes.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size3000-3500 sq. ft.
Property Tax$6,470
Lot Size76.18 ft x 176 ft
mls© NumberX13648754
Listed ByEngel & Volkers Toronto Central

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%
$4,346
Property tax
$539
Heat allowance
$150
Housing costs
$5,035 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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