$399,000

For sale

1591 5th Avenue West, Owen Sound - Single Family for Sale

1591 5th Avenue West, Owen Sound, Ontario, N4K5B4

3 beds2 baths2 parking1,300 ft²32 × 80 ft (2,560 sq ft) lot sizeListed 36 days ago

Overview

This 3-bedroom, 2-bathroom home in Owen Sound is for sale offering roughly 1,300 sq ft of space. Listed at $399,000, it is attractively priced about 25% below the $535,000 median asking price in Owen Sound. It has been on the market 36 days, fresher than the Owen Sound average of 93 days.

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Description

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. (id:66096)

Property Details

MLS®: X13847854
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 32 × 80 ft (2,560 sq ft)
Frontage: 32 ft
Storeys: 1
Basement: Unfinished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Carport
Fireplace: Yes
Ownership: Freehold

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Stone
Exterior: Vinyl siding
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Owen Sound listings, avg age

93d

Price / ft²

$307

List price

$399K

Haho

This 3-bed single family in Owen Sound has been listed for 36 days, which is 57 days fresher than the city average of 93. Act while there is still low competition.

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Listed by RE/MAX Grey Bruce Realty Inc. · ANGELA MOEBIUS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $399,000, about 5.7× the local median household income of $69,500.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$399,000· $307/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$297/mo

Total monthly$2,398

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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