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Listed 19 days ago

540 6th Avenue E

Owen Sound, Owen Sound

$525,000

Detached|Backsplit 3
3 | 2 | 3
About this home

Welcome to 540 6th Ave E! This 3 Bedroom Backsplit on a quiet cul-de-sac has had many upgrades. Walk into the foyer that opens up to the Brubacher Kitchen and the living dining room space. Flowing through to the back there is a side entrance to the driveway and yard. Upstairs you have three large bedrooms and a 4 piece Bath that has been beautifully updated.The main and Upper floors have new hardwood flooring running through. Heading down to the basement area there is a new 2 piece Bathroom and a large family room with electric fireplace to keep you cozy. New vinyl plank flooring in the basement area. The Utility room has access to the ample storage under the main floor. The storage area has new spray foam insulation. All windows and exterior doors have been replaced. Dont miss your opportunity to have this well loved home!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,590
Lot Size69.04 ft x 125 ft
mls© NumberX13788806
Listed ByRoyal LePage Locations North

Listing History

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  • 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%
$2,687
Property tax
$299
Heat allowance
$150
Housing costs
$3,136 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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