1311 7TH Avenue, Owen Sound, ON

$549,000
MLS#:X10847611
4 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • equipped with other central cooling and highly efficient forced air heating via gas

Description

Are you looking for the perfect home bursting with character and tons of living space? This spacious property boasts four well-sized bedrooms on the second floor, perfect for a growing family. The pride of ownership is evident throughout, with tasteful finishes that include original hardwood floors and vibrant paint colours enhancing the bright, inviting atmosphere. The traditional floor plan offers separate living, dining, and kitchen areas, with the kitchen featuring a subway tile backsplash, ample cabinets, a unique checkerboard tile floor, and a brand new dishwasher! Access your back yard through the patio doors from the kitchen. The main floor includes a convenient half bath, and a side door entry that leads directly from the carport into the house. The carport and paved lane provide enough space for three cars to park comfortably. In the basement, polished concrete floors give a modern touch to the central living space, guest room/office, and utility room, complete with an updated hydro panel. Step outside and you'll find classic curb appeal enhanced by the red brick and white columns, and the covered porch with a swing is a favourite spot to relax. Experience an oasis in both the front and back yards, complete with perennial gardens that require minimal maintenance. The fully fenced backyard backs onto a green area with no neighbours behind, offering privacy and a serene environment. The interlocking patio stones provide a great spot for a patio set and barbecue, perfect for entertaining. Located in a convenient Westside neighbourhood, this home is just two minutes from Sunset Strip shopping and amenities, with a movie theatre, bowling alley, and Kelso Beach all within easy reach. Don't miss the chance to view this beautiful home that truly checks all the boxes!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Full
CountyGrey County
Annual Tax$3,554.5
Legal DescriptionLT 64 PL 444 OWEN SOUND; OWEN SOUND

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingOther

Features

Property Features

Interior Features

Security Features

Community Features

Location

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1311 7TH Avenue, Owen Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1311 7TH Avenue W, Owen Sound, ON N4K 5K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Owen Sound.

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Interest Rate5.25%
Down Payment$29,900 (5.4%)
* Minimum Canadian down payment required for this price is $29,900.
Amortization Period25 Years
Estimated Monthly Payment$3,093Based on a loan of $519,100 over 25 years.
Purchase Price$549,000
Loan Amount$519,100
Provincial Land Transfer Tax:$7,455
Total Estimated Closing Taxes:$7,455

About Purchasing a Home in Owen Sound, ON

For a property listed at $549,000 in Owen Sound, the legal minimum down payment is $29,900 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 $7,455 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 $7,455.

Nearby Listings

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No current listings found in Owen Sound.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$524,085

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Alexandra
Public1556 8th Avenue East, Owen Sound, Ontario, N4K 3B6
4.2
Hillcrest
Public501 8th Street West, Owen Sound, Ontario, N4K 3M8
3.2
East Ridge
Public1550 8th Street East, Owen Sound, Ontario, N4K 5R4
5.3
St-Dominique-Savio
Public800 23rd Street East, Owen Sound, Ontario, N4K 6Z5
3.2
Keppel-Sarawak
Public937 24th Street West, Owen Sound, Ontario, N4K 5N4
6.2

Secondary Schools

St. Mary’s
Catholic555 15th Street East, Owen Sound, Ontario, N4K 1X2
5.8
Owen Sound
Public750 9th Street West, Owen Sound, Ontario, N4K 3P6
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.