1025 12th Street, Owen Sound, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $485,000 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 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 76.01 x 96.74 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Affordable Owen Sound bungalow with a fenced backyard, attached garage, and room to grow under $500,000! Located on 12th Street East, this 3 bedroom, 2 bathroom home is a fantastic opportunity for first-time buyers, families, or anyone looking to add value over time. Set in the Alexandria School District, you're close to the YMCA, east side shopping and amenities, plus just a quick bike ride to Ed Taylor Park and playground.Inside, the spacious layout offers great separation of space, with a private bedroom wing, an updated 4-piece bathroom, a bright living room, formal dining area, and a functional kitchen with stainless appliances. Patio doors off the kitchen lead to a covered deck, perfect for barbecuing or relaxing in the shade.The basement includes a finished rec room/TV space, a 2-piece bath, and additional unfinished area with potential for future bedrooms or added living space. Outside, enjoy a private fenced yard, fire pit area, and an oversized additional garage/workshop, with access through the attached garage. A solid home, great location, and plenty of upside.
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Pricing & Value Insights
Data-driven valuation for 1025 12th Street E, Owen Sound, ON N4K 5V4
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About Purchasing a Home in Owen Sound, ON
For a property listed at $485,000 in Owen Sound, the legal minimum down payment is $24,250 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 $6,175 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 $6,175.
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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.