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$549,000
Owen Sound
643 2ND Avenue East, Owen Sound, Ontario, N4K2G7
This 6-bedroom, 3-bathroom home in Owen Sound is for sale offering roughly 2,750 sq ft of space. Its $549,000 asking price sits right in line with the $535,000 median in Owen Sound. It has been on the market 46 days, fresher than the Owen Sound average of 93 days.
This red brick 2.5 story century home with timeless character is located in one of Owen Sound's most walkable locations, just across the street from Sydenham River and Mill Dam. Perfectly positioned on 2th Street E, this solid built home is just minutes from Harrison Park, downtown shops, coffee spots, and the market. With 6 min walk to Mill Dam, enjoy easy time outdoors any time of year. In the fall, it's also a popular spot to watch the salmon run. The property is a Legal Duplex, zoned Commercial and allows for a multitude of uses. Unit 1 (two bedrooms) is vacant and unit 2 (4 bedrooms)is currently rented at Market Rate of $2,400/month, the new owner may continue to enjoy AAA+ tenants already in place. Two sets of Laundries are installed in the basement. The laundry set for the upstairs unit is equipped with a controller that accepts both coins and digital payments. Two separate hydro meters. Please check the list of recent property capital improvements and upgrades; Floor plans with room dimensions are also attached to the listing. There is an ample parking for 4 cars available at the back of the house and a private spacious backyard. Numerous parking spots are at the street. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 46 days on market, against an average age of 93 days across the listings currently for sale in this city
This 6-bed single family in Owen Sound has been listed for 46 days, which is 47 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $549,000, about 7.9× the local median household income of $69,500.
Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.