1787 5TH Avenue W Owen Sound
$414,999
Welcome to 1787 5th Ave West, Owen Sound! A charming and fully renovated gem nestled on a deep lot, this exceptional 2-bedroom, 1-bath 1.5 storey is looking for a new family to call it home!. Meticulously redesigned in 2021, this property provides an inviting and comfortable living space for its lucky inhabitants. Upon entering, you will be greeted by an open and airy layout. The main living area features a spacious and cozy atmosphere, ideal for both relaxation and entertaining. Upstairs you will find 2 spacious bedrooms with large windows that generate a lot of natural light! Stepping outside, you'll find a delightful deck that overlooks the expansive backyard, providing a serene setting for outdoor gatherings or simply enjoying your morning coffee. Located in a quiet neighbourhood, this home offers the perfect balance of tranquility and convenience. With easy access to amenities, shopping centres, parks, and schools, you'll enjoy the best of both worlds. Give your REALTOR® a call to schedule a private showing! (id:25417)
- 2 Bedrooms
- 1 Bathrooms
- 816 Square Feet
- $1,996 / month (estimated mortgage)
- Listing ID: 40484447
- Listed On: SEPTEMBER 19TH 2023
- Address: 1787 5TH AVENUE W
- Location: OWEN SOUND
- Postal Code: N4K 5B9
Get Directions
Get to know this Neighbourhood
From downtown Owen Sound, head West on 10th street West, then turn North on 4th Avenue West, turn West on 16th Street West then turn North on 5th Ave West.
| Rooms | Levels | Dimensions |
|---|---|---|
| Bedroom | Second level | 9'5'' x 15'1'' |
| Primary Bedroom | Second level | 8'7'' x 15'1'' |
| 4pc Bathroom | Main level | 9'3'' x 7'4'' |
| Living room | Main level | 11'4'' x 11'7'' |
| Dining room | Main level | 10'5'' x 13'0'' |
| Kitchen | Main level | 9'11'' x 9'1'' |
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Monthly Mortgage Payments
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- Down Payment
The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.
- Mortgage Insurance
Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.
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- Mortgage Type
The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.
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