586 7TH A Street, Owen Sound, ON

$449,999
MLS#:X10848853
3 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
586 7TH A Street E, Owen Sound, ON N4K 1K5
⚠️

Property no longer active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 brick construction, this residence presents an exceptional opportunity offered at $449,999 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 77.6 x 126.89 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Meter, Water Heater
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Brick home on a dead end street backing on to the ravine with a double lot.. need I say more? The home has been tastefully refreshed, with all the character left in place like the original hardwood floors and beautiful wood trim. Updated bathroom in 2021 on the second floor with 3 bedrooms, formal dinning room and great size kitchen. Lovely patio doors (2021) out to the fenced yard, and shed that is insulated. Beautiful perennial gardens around the property. Enjoy the privacy of the back yard or sitting in your enclosed front porch when it is raining or snowing out with a hot cup of hot chocolate in hand.

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Property Summary

This detached home located at 586 7TH A Street, Owen Sound is currently for sale and has been available on SousaSells for 752 days. This property is listed at $449,999 with an estimated mortgage of $1,498* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 586 7TH A Street, 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?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Owen Sound.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick
BasementUnfinished, Full
Lot Size77.6 × 126.89
CountyGrey County
Annual Tax$2,846.17
Legal DescriptionLT 12 N/S ELIZA ST PL 9 OWEN SOUND; PT LT 13 N/S ELIZA ST PL 9 OWEN SOUND AS IN R419911; S/T & T/W R419911; OWEN SOUND

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

  • Golf
  • Hospital

Interior Features

  • Water Meter
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 586 7TH A Street, Owen Sound, ON

Q.What is the asking price for 586 7TH A Street, Owen Sound, ON ?

The current listing price for 586 7TH A Street, Owen Sound, ON in Owen Sound, Owen Sound is $449,999.

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

This property features 3 bedrooms and 2 bathrooms across approximately 700-1100 sqft.

Q.What property type and architectural style is 586 7TH A Street, Owen Sound, ON ?

586 7TH A Street, Owen Sound, ON is a Detached (1 1/2 Storey) featuring a Unfinished, Full basement.

Q.What key property features does 586 7TH A Street, Owen Sound, ON offer?

Key property features include: Golf, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Water Meter, 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 Gas and cooling via Window Unit(s).

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586 7TH A Street, 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 586 7TH A Street E, Owen Sound, ON N4K 1K5

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$135,000 (30.0%)
* Minimum Canadian down payment required for this price is $22,500.
Amortization Period30 Years
Estimated Monthly Payment$1,498Based on a loan of $314,999 over 30 years.
Purchase Price$449,999
Loan Amount$314,999
Provincial Land Transfer Tax:$5,475
Total Estimated Closing Taxes:$5,475

About Purchasing a Home in Owen Sound, ON

For a property listed at $449,999 in Owen Sound, the legal minimum down payment is $22,500 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 $5,475 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 $5,475.

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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.