1271 2nd Avenue, Owen Sound, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $285,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 26 x 95 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
Welcome to 1271 2nd Ave East, an excellent opportunity for investors or those looking to add their own finishing touches. Recent updates include the roof, select windows, siding, and Furnace all completed in 2019. The main floor features a spacious eat-in kitchen, a large recreation room, and a convenient 3-piece bathroom. Upstairs, you'll find two bedrooms and a 4-piece bathroom. With solid updates already in place, this property offers great potential for customization and value enhancement.
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Pricing & Value Insights
Data-driven valuation for 1271 2nd Avenue E, Owen Sound, ON N4K 2J2
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About Purchasing a Home in Owen Sound, ON
For a property listed at $285,000 in Owen Sound, the legal minimum down payment is $14,250 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 $2,750 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 $2,750.
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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.