2340 9th Avenue E, Owen Sound

$719,000
2340 9th Avenue E

$719,000

New
7d
Detached2-Storey

2340 9th Avenue E, Owen Sound

Total Monthly Obligation $3,803

Beds
4
Baths
2
Park
4
Sqft
2000-2500
DOM
7d
Score
17
Yield
4.7%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Detached
MLS® Number-X14086098
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-65 × 150 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,330 (2026)
Parking-5 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Real Broker Ontario Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90+ days
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

Welcome to this spacious 4-bedroom family home in Owen Sound, offering approximately 2.300 sq. ft. of living space on a generous lot surrounded by parks, trails and mature trees. With a functional layout, thoughtful updates and plenty of room for the whole family, this home combines comfort, character and convenience.The open-concept main floor features oak hardwood flooring and a custom kitchen renovated in 2020, complete with soft-close cabinetry, black stainless steel appliances and plenty of workspace. The adjoining living room is centred around a cozy gas fireplace with a custom oak mantel, while the dining area provides an inviting space for everyday meals and entertaining. A main-floor laundry room and updated 3-piece bathroom, renovated in 2020, add everyday convenience.Upstairs, the spacious primary bedroom features double closets, while three additional bedrooms provide plenty of flexibility for family, guests or a home office. The second-floor 4-piece bathroom offers both a walk-in shower and corner soaker tub.Several important updates have already been taken care of, including a new furnace and central air conditioning in 2023, sump pump installation in 2023, six new windows, a new patio door and front door, and a new washer and dryer. Outside, enjoy an oversized 8' x 25' deck overlooking the fully fenced backyard. With mature trees, established gardens, there's plenty of room to relax, entertain and enjoy the outdoors. An attached 1.5-car garage provides additional parking and storage.Conveniently located close to Owen Sound's east-side amenities, parks, trails and schools, this home offers the space of a large family property with many of the major updates already completed.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$575,200
Land Transfer Taxes$10,855
Legal Fees (Est.)
$
Total cash required for closing$156,155

Total Monthly Obligation

$3,803/mo
Mortgage $2,900
Monthly Loss $3,040
Principal$763
Interest$2,137
Property Tax$528
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$19,410/yr
Net Cash Flow
-$1,283/mo
Cash Margin
-45.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.7/ 100

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

Comparables

Properties near 2340 9th Avenue E

Time

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