590 4TH Street E, Owen Sound

$699,000
590 4TH Street E

$699,000

New
25d
DetachedContemporary

590 4TH Street E, Owen Sound

Total Monthly Obligation $3,661

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
25d
Score
20
Yield
5.6%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Detached
MLS® Number-X13835936
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-76.96 × 160.49 ft
Listed on site-Sep 28, 2026
Style-Contemporary
Building Type-Detached
Taxes-$5,601 (2026)
Parking-6 - Carport
Basement-Full, Partially Finished
Heating-Water (Gas)
Brokerage-RE/MAX Grey Bruce Realty Inc.
Cooling-None
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Wood
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-1-29 days
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

Tucked away at the end of a quiet dead-end street, this remarkably well built contemporary home offers the privacy you've been dreaming of. Forest wraps the side and back of the property, that allows for peaceful nights at the bon fire. With no neighbour to the south, you'll enjoy lovely mature trees and peaceful views from every angle The home makes a striking first impression, with a carport and a welcoming court yard. Inside beautifully new flooring, Vaulted ceilings and floor to ceiling windows in the living room, make it quiet a show piece., bringing in natural light, and the outdoors. the main floor features a bright kitchen, dining room family room with fireplace, and a 6 piece bath as well as access to the backyard. Updated bathroom and 3 spacious bedrooms round off the upstairs. The lower level gives even more space, for more bedrooms, the games , utility and storage rooms.Beautifully designed, thoughtfully built, and made for living.this is a home that truly has it all. Hot water Gas heat is efficient and provides great warmth. Roof is 6 years old, Bathrooms have been renovated. All furniture negotiable.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,661/mo
Mortgage $2,820
Monthly Loss $2,919
Principal$742
Interest$2,078
Property Tax$467
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.0%43
10-Year IRR
11.4%
Returns Index
22.4/ 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
$39,000/yr
NOI
$24,999/yr
Net Cash Flow
-$736/mo
Cash Margin
-22.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
24.0/ 100

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

Comparables

Properties near 590 4TH Street E

Time

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