2585 5TH Avenue, Owen Sound, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium other and wood construction, this residence presents an exceptional opportunity offered at $815,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 3 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 61 x 291.32 ft lot
- Features a walk-up, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This beautiful home sites on a large 60'x291' corner lot and offers 3 bedrooms and 2.5 baths. Extensively updated by Alair Homes in 2015, the home boasts a brand-new custom kitchen complete with amazing quartz-waterfall island and new appliances as well as bookshelves by Bruce County Custom Cabinets. the main floor also features new flooring throughout, high end light fixtures/fans and a luxury/full stone/see-through fireplace between the dining room and family room as well as stunning tongue and groove pine ceilings. The exterior showcases Hutten & Co. Land and Shore's landscaping work, including a patio with a fireplace and integrated LED lighting along with gorgeous gardens. There is also a gas hook-up for your BBQ, a double-wide stamped concrete driveway, large back deck, and front porch for all of your outdoor living needs. With a 50-year roof and updated windows and doors, this home is built to last. Don't miss out on this exquisite property!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2585 5TH Avenue W, Owen Sound, ON N4K 5V9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Owen Sound, ON
For a property listed at $815,000 in Owen Sound, the legal minimum down payment is $56,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,775 for this transaction. As this listing is in Owen Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,775.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
