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Listed 13 days ago

1712 5th Avenue W

Owen Sound, Owen Sound

$425,000

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

Affordable, move-in-ready, and in a solid West Side location, this 3-bedroom, 2-bath home delivers the space, yard, parking, and flexibility that can be hard to find in the low $400s. Less than a five-minute drive to Kelso Beach, Timothy Christian School, and Keppel Sarawak School, it's a great fit for first-time buyers or downsizers looking for value without giving up the essentials. Set on a generous corner lot, the home offers parking for two vehicles, a fenced backyard, and a great outdoor area for summer barbecues, kids, pets, or simply relaxing. What really makes the main floor work is the flexibility of having two distinct living spaces. In the original portion of the home, you'll find a main-floor bedroom, dining room, living room, and kitchen. Then at the back, a bright addition filled with windows creates a second living area with a gas fireplace, 3-piece bathroom, laundry, and direct access to the patio and backyard. Upstairs are two additional bedrooms and a full 4-piece bath, while the full-height basement provides excellent storage and additional usable space. Beneath the addition, there's also a workshop area with convenient exterior access. Move in and enjoy it now, then personalize it over time with your own paint colours and updates. With three bedrooms, two bathrooms, two main-floor living spaces, a fenced yard, full basement, and a convenient West Side location, this is a value-packed opportunity to get into the market or simplify your lifestyle.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,290
Lot Size48.72 ft x 77.33 ft
mls© NumberX13813370
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%
$2,175
Property tax
$274
Heat allowance
$150
Housing costs
$2,600 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

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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