2525 3RD Avenue, Owen Sound, ON

$299,950
MLS#:X10848252
2 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
2525 3RD Avenue E, Owen Sound, ON N4K 2M5
⚠️

Property no longer active

This property was sold on December 15, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $299,950 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 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 188.1 x 195.36 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with window unit(s) central cooling and highly efficient water heating via electric

Description

Welcome To This Quaint Hillside Retreat With Your Very Own Forest On Two Sides And Close To An Acre Of Land! Nature Lovers And Gardeners Will Enjoy The Huge Treed Lot, Great Outdoor Space, Very Private Property And Very Private Backyard. Kitchen Window Views Of The Water And Easy Walking Distance To The Shoreline. Cozy As A Button, This Well Designed Layout Flows Seamlessly. 2 Bedrooms, Including A 2nd Floor Loft Primary Bedroom And 1 Bath Is Perfect For Low Maintenance Living. Double Wide Private Driveway Offers 2 Car Parking. Close Proximity To Amenities And Boat Launch. Looking For Your First Home And Prefer The Comfort Of A House Over Condo Living Or The Possibility Of Building Your New Dream Home? This Might Just Be The Place For You!

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Property Summary

This detached home located at 2525 3RD Avenue, Owen Sound is currently for sale and has been available on SousaSells for 699 days. This property is listed at $299,950 with an estimated mortgage of $998* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 2525 3RD Avenue, Owen Sound is in the Owen Sound neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Owen Sound, Owen Sound.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementUnfinished, Crawl Space
Lot Size188.1 × 195.36
CountyGrey County
Annual Tax$2,406.83
Legal DescriptionLT 12 E/S BAY ST PL MILITARY BLOCK EXCEPT PT 1, 16R4723; OWEN SOUND, GREY COUNTY

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeWater
CoolingWindow Unit(s)

Features

Property Features

None listed

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2525 3RD Avenue, Owen Sound, ON

Q.What is the asking price for 2525 3RD Avenue, Owen Sound, ON ?

The current listing price for 2525 3RD Avenue, Owen Sound, ON in Owen Sound, Owen Sound is $299,950.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 2525 3RD Avenue, Owen Sound, ON ?

2525 3RD Avenue, Owen Sound, ON is a Detached (1 1/2 Storey) featuring a Unfinished, Crawl Space basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Window Unit(s).

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2525 3RD 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 2525 3RD Avenue E, Owen Sound, ON N4K 2M5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$89,985 (30.0%)
* Minimum Canadian down payment required for this price is $14,998.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,965 over 30 years.
Purchase Price$299,950
Loan Amount$209,965
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Owen Sound, ON

For a property listed at $299,950 in Owen Sound, the legal minimum down payment is $14,998 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 $2,974 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 $2,974.

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Owen Sound, Owen Sound 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$616,913

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%

Best Schools in Owen Sound, Owen Sound

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
Notre Dame
Public885 25th Street East, Owen Sound, Ontario, N4K 6X6
4.2

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

Owen Sound, Owen Sound Demographic Home information

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.