$349,000

For sale

494 16th Street West, Owen Sound - Single Family for Sale

494 16th Street West, Owen Sound, Ontario, N4K4A4

3 beds2 baths2 parking900 ft²48 × 92 ft (4,416 sq ft) lot sizeListed 35 days ago

Overview

This 3-bedroom, 2-bathroom home in Owen Sound is for sale offering roughly 900 sq ft of space. Listed at $349,000, it is attractively priced about 35% below the $535,000 median asking price in Owen Sound. It has been on the market 35 days, fresher than the Owen Sound average of 93 days.

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Description

Welcome to 494 16th Street West! Conveniently located on Owen Sound's west side, close to Kelso Beach, waterfront trails, parks, schools, and everyday amenities. This 3-bedroom, 2-bathroom semi-detached home offers a practical layout with plenty of space for comfortable day-to-day living. The main floor features a bright living room, spacious eat-in kitchen, convenient 2-piece bathroom, and main floor laundry. Upstairs, you'll find three bedrooms along with an updated 4-piece bathroom. Outside, the fully fenced backyard provides a great space for kids, pets, gardening, or enjoying time with family and friends. With parking for two vehicles and the waterfront just a short walk or drive away, this home offers a convenient west-end location with plenty to enjoy nearby! (id:66096)

Property Details

MLS®: X13851730
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 48 × 92 ft (4,416 sq ft)
Frontage: 48 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $2,416.26/yr
Listed

Rooms

Main level

Living room: 3.69 x 3.94 meters
Kitchen: 4.95 x 3.36 meters
Laundry room: 1.85 x 2.99 meters
Bathroom: 0.98 x 1.98 meters

Second level

Bedroom: 3.04 x 2.7 meters
Bedroom: 3.1 x 2.91 meters
Bedroom: 2.72 x 4.03 meters
Bathroom: 2.7 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Stone
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Owen Sound listings, avg age

93d

Price / ft²

$388

List price

$349K

Haho

This 3-bed single family in Owen Sound has been listed for 35 days, which is 58 days fresher than the city average of 93. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · STEACY DEN HAAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $349,000, about 5.0× the local median household income of $69,500.

Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$349,000· $388/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,450

Min 5%50%

Mortgage payment$1,838/mo

↳ CMHC premium ($13,262 capitalized)

Property tax (est.)$201/mo

Total monthly$2,040

Cash Needed to Close

Down payment (5%)$17,450

Land transfer tax$3,710

Est. closing costs$3,547

Total cash needed$24,707

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