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Listed 26 days ago

1348 5th Avenue W

Owen Sound, Owen Sound

$279,900

Detached|1 1/2 Storey
3 | 2 | 4
About this home

Calling all handymen, renovators, and buyers with vision! If you've been searching for a home with potential, this is your opportunity. Nestled on a quiet dead-end street in Owen Sound's desirable west side, this solid 3-bedroom home is just a short walk to Kelso Beach, the waterfront, parks, and trails.The updated kitchen is already underway and waiting for your finishing touches. Lots of features including convenient main floor 2 pc bath, detached garage with plenty of storage space, and nestled on a 64' x 66' lot with a cedar hedge for privacy, and more side yard on the other side of the hedge with a small shed - space for your future garden, or just to enjoy. With imagination, effort, and creativity, you can bring your vision and transform this property into something truly special. Whether you're looking for your next renovation project, investment opportunity, or a place to make uniquely your own, the possibilities here are endless.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,333
Lot Size64 ft x 66 ft
mls© NumberX13758220
Listed ByRE/MAX Grey Bruce Realty 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%
$1,433
Property tax
$278
Heat allowance
$150
Housing costs
$1,860 / mo

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

Down payment20% · $55,980
25-yr amortization

Income needed

$57,000

gross annual household income

Payment at 4%
$1,178 / mo
Cash down
$55,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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