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Listed 2 months ago

790 3rd Ave A Avenue W

Owen Sound, Owen Sound

$287,000

Detached|2-Storey
3 | 2 | 2
About this home

Nestled on a quiet dead end street, this solid two storey home, built in 1900, is full of character and potential. Offering three bedroom, a spacious eat-in kitchen, a sperate dining room, and a comfortable living room, the layout provides plenty of space for family living. Upstairs features a unique water closet, with the bathtub and laundry located in a seperate room. While the home does require updating and some repairs, it offers a great opportunity for renovators, investors, or buyers looking to restore a classic home and make it their own.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,186
Lot Size39 ft x 108 ft
mls© NumberX13608156
Listed BySutton-Sound Realty

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%
$1,469
Property tax
$266
Heat allowance
$150
Housing costs
$1,884 / mo

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

Down payment20% · $57,400
25-yr amortization

Income needed

$58,000

gross annual household income

Payment at 4%
$1,208 / mo
Cash down
$57,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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