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New4 days ago

1591 5th Avenue W

Owen Sound, Owen Sound

$399,000

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

Delightfully updated 3-bedroom, 1.5-bath home on a quiet street just a short walk to Kelso Beach and nearby parks. Full of charm and character, this move-in ready home features a bright kitchen overlooking the private backyard, convenient main floor laundry, three spacious bedrooms, and plenty of space throughout. The walkout basement offers additional storage space with easy access to the partially fenced backyard. Enjoy privacy and summer barbeques in the awesome backyard, with lots of space for gardens and perennials. Complete with forced air gas heating, central air, and a carport, this home offers comfort, character, and a great location. Enjoy the convenience of being close to schools, shopping, and Owen Sound's beautiful waterfront.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,560
Lot Size32 ft x 80 ft
mls© NumberX13847854
Listed ByRE/MAX Grey Bruce Realty 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%
$2,042
Property tax
$297
Heat allowance
$150
Housing costs
$2,489 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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