1144 4th Avenue W, Owen Sound

$539,900
1144 4th Avenue W

$539,900

New
28d
Detached2 1/2 Storey

1144 4th Avenue W, Owen Sound

Total Monthly Obligation $2,874

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
28d
Score
23
Yield
6.2%
Cash on Cash
2.1%
Cap Rate
5.0%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Detached
MLS® Number-X13827638
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-32.75 × 88 ft
Listed on site-Sep 25, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$3,852.44 (2026)
Parking-3 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

CENTURY-HOME CHARACTER MEETS MODERN-DAY LIVING WITH 4 BEDROOMS & A DETACHED GARAGE! This beautifully updated century home proves that modern refinement does not have to come at the expense of original character, with preserved details and thoughtful improvements throughout. Nearly 1,400 finished sq. ft. carries its history beautifully, from stained glass and hardwood floors to the restored staircase that speaks to the craftsmanship of the home. The renovated kitchen features white cabinetry, a subway tile backsplash and stainless steel appliances, while the combined living and dining room creates one generous gathering space with a gas fireplace and patio doors opening to the deck and fully fenced backyard. Three bedrooms and a 4-piece bathroom occupy the second floor, while the third floor opens to a large bonus space that can serve as a fourth bedroom, private primary retreat, family room, home office, studio or hobby space. The basement includes a powder room and offers excellent potential to create additional finished space tailored to your needs. The covered front porch is made for slow mornings with a coffee, evening conversations and the easy familiarity of waving to neighbours as they pass, while a detached garage and two driveway parking spaces complete the property. Kelso Beach at Nawash Park, the waterfront and downtown River District are all close by, along with the library, Farmers' Market, schools and recreation facilities, putting beach days, waterfront walks, market mornings, local dining and community events within minutes of home. Beautifully brought forward without erasing its past, this is a home that has kept the craftsmanship and character that made it worth preserving in the first place.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$2,874/mo
Mortgage $2,178
Monthly Loss $2,301
Principal$573
Interest$1,605
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%27
Cash-on-Cash
-3.7%3
5-Year IRR
12.8%56
10-Year IRR
12.8%
Returns Index
29.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$21,888/yr
Net Cash Flow
-$354/mo
Cash Margin
-12.6%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
30.2/ 100

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

Comparables

Properties near 1144 4th Avenue W

Time

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