787 10th Street E
Owen Sound, Owen Sound
$450,000
INVESTOR OPPORTUNITY! Unlock the potential of this 4-bedroom home situated on an impressive 30 x 122.6 ft deep lot. An excellent opportunity for investors, renovators, or buyers looking to add value through strategic upgrades. Featuring 1 full bathroom + powder room, front and rear porches, a detached side garage, and an 8' x 12' pavilion at the rear of the property. The generous lot and existing layout provide plenty of potential to renovate, reposition as a rental investment, or improve for future resale. Property requires updating and is being sold in "AS IS, WHERE IS" condition. Bring your vision and capitalize on the possibilities this property has to offer. A value-add opportunity with serious potential!
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,959 |
| Lot Size | 55.3 ft x 124 ft |
| mls© Number | X13740270 |
| Listed By | RE/MAX REALTY SERVICES 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%
- $2,303
- Property tax
- $247
- Heat allowance
- $150
- Housing costs
- $2,700 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$83,000
gross annual household income
- Payment at 4%
- $1,894 / mo
- Cash down
- $90,000
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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