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Listed 9 days ago

740 5th Street E

Owen Sound, Owen Sound

$419,900

Detached|Bungalow
3 | 2 | 4
About this home

Cute as a button and tucked into one of the most wonderful areas! Nestled in "The Circle" on the east side of town, you will find this charming wartime bungalow, just across the street from the Owen Heights expansive green park and playground, just full of character and charm. The main floor offers 2 spacious bedrooms featuring beautiful original hardwood floors, an updated kitchen open to the bright living area, and simply a warm, inviting feel throughout. The surprisingly spacious lower level adds a third bedroom, family room and kitchenette, making it ideal for a potential granny flat, in-law suite, teen hangout or extra space for the family. Outside, you'll love the oversized detached garage and tons of storage. Forced-air gas heat, central air and all the important updates and conveniences make this a truly move-in-ready home. Set on a lovely street in a wonderful neighbourhood, it's the kind of place that just feels like home. With the Niagara Escarpment and trails nearby, nature is at it's best and ready for you to explore. This is the kind of gem that does not last long!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$3,097
Lot Size45 ft x 90 ft
mls© NumberX13828476
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%
$2,149
Property tax
$258
Heat allowance
$150
Housing costs
$2,557 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$79,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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