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Listed 1 month ago

1625 5th Avenue E

Owen Sound, Owen Sound

$465,000

Detached|Bungalow-Raised
2 | 1 | 4
About this home

This beautifully maintained 2-bedroom home with an additional den offers a functional layout and stylish finishes throughout. The landscaped backyard provides a private outdoor space, perfect for relaxing or entertaining. Ideally situated across from a park and green space, the home enjoys a scenic setting with easy access to outdoor recreation. Conveniently located close to shopping, dining, schools, transit, and other everyday amenities, this property offers an exceptional combination of comfort, location, and lifestyle.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,156
Lot Size55 ft x 131.78 ft
mls© NumberX13742628
Listed ByColdwell Banker Elevate 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%
$2,380
Property tax
$263
Heat allowance
$150
Housing costs
$2,793 / mo

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

Down payment20% · $93,000
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,957 / mo
Cash down
$93,000

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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