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Price Change$499,000

148 7th Avenue E

Owen Sound, Owen Sound

$485,000

Detached|Bungalow
3 | 1 | 5
About this home

If you're looking for a bungalow that feels easy to own, in a great location, and shows real pride of ownership, this one is worth a closer look.This well-maintained three-bedroom home has a bright, comfortable feel throughout. The main floor features a spacious living room with a large picture window, a separate dining area, and a galley kitchen with tile backsplash and updated countertops. Down the hall are three bedrooms and a four-piece bathroom. With all windows updated on the main-floor. The lower level adds plenty of useful space, including a large rec room that could be used for movie nights or games, a home gym or extra room when family comes to stay. There's also a generous unfinished utility area with lots of storage and the opportunity for additional finished living space down the road. A separate side entrance provides convenient access to both the lower level and backyard.Outside, the wide paved driveway offers plenty of parking, and would even fit your camper. Out back, the fully fenced yard is private and manageable, with mature cedar hedging, established gardens and just the right amount of green space to enjoy without spending your whole weekend maintaining it.And the location ties it all together. Near the end of 7th Avenue East, you're away from most through traffic while still being close to the hospital, college, shopping and East Side amenities. You're also within walking distance of two city parks, including Parkview Park which has access to the Bruce Trail, where you can walk all the way to Harrison Park

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,894
Lot Size59 ft x 120 ft
mls© NumberX13700504
Listed ByCentury 21 Millennium 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%
$2,482
Property tax
$325
Heat allowance
$150
Housing costs
$2,957 / mo

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

Down payment20% · $97,000
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,041 / mo
Cash down
$97,000

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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