2140 5th Avenue W, Owen Sound

$619,000
2140 5th Avenue W

$619,000

New
29d
Detached2 1/2 Storey

2140 5th Avenue W, Owen Sound

Total Monthly Obligation $3,295

Beds
4
Baths
2
Park
3
Sqft
1500-2000
DOM
29d
Score
20
Yield
5.4%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X13823808
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-66 × 165 ft
Listed on site-Sep 24, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$5,081.06 (2026)
Parking-4 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Millennium Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

Welcome to 2140 5th Avenue W, a charming brick home where classic character, generous living space and an incredible in-town lot come together. This charming Century home offers nearly 2,000 sq. ft. of above-grade living space, and this 2-storey home has the kind of personality you simply don't find in newer builds. With four bedrooms, two bathrooms and plenty of room to spread out, the layout offers flexibility for families, those working from home, or anyone looking for a home with a little extra breathing room. Inside, you'll find bright, comfortable living spaces with plenty of character throughout. The bonus upper-level space adds even more versatility and could make a fantastic bedroom, creative space, home office or cozy retreat. Main-floor laundry adds everyday convenience, while forced-air natural gas heating and central air keep the home comfortable through every season.Outside is where this property really shines. Set on an impressive 66' x 165' lot, the backyard offers an abundance of space to relax, garden, entertain or simply enjoy some privacy - a rare find for an in-town property. A deck and gazebo create an inviting spot for summer evenings, while the detached garage and garden shed provide additional storage and functionality. With private driveway parking, there's room for everyday life without sacrificing your outdoor space.The location makes it even better. Situated in Owen Sound with schools, the hospital, public transit, marina and waterfront amenities nearby, you can enjoy the convenience of being in town while still having a backyard that feels like your own little escape.If you've been searching for a home with character, space and a yard that gives you room to actually enjoy being outside, 2140 5th Avenue W is one you'll want to see.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,295/mo
Mortgage $2,497
Monthly Loss $2,638
Principal$657
Interest$1,840
Property Tax$423
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,600/yr
NOI
$20,659/yr
Net Cash Flow
-$775/mo
Cash Margin
-27.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2140 5th Avenue W

Time

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