755 4th Avenue E, Owen Sound

$495,000
755 4th Avenue E

$495,000

New
22d
Detached1 1/2 Storey

755 4th Avenue E, Owen Sound

Total Monthly Obligation $2,693

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
26
Yield
6.8%
Cash on Cash
4.3%
Cap Rate
5.5%
5Y IRR
19.0%
10Y IRR
17.4%
Property Type-Detached
MLS® Number-X13850128
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-52.5 × 208.5 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,857.5 (2025)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Chestnut Park Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

Welcome to this must-view charming home in the heart of Owen Sound! This enchanting 1.5-storey home offers the warmth and character of a country cottage with beautiful gardens tucked behind. With 3 bedrooms, 2 full baths and a wonderfully inviting layout, this is a home made for relaxed, family living and enjoying the simple pleasures of life. The main floor features an updated bright kitchen with centre island, adjacent dining room, cozy living room with gas fireplace, and an inviting family room with a walkout to the spectacular gardens and fully fenced yard. Main floor bathroom & laundry with plenty of storage adds everyday convenience. Upstairs, three comfortable bedrooms and an updated full 4-piece bathroom create a peaceful private retreat. But the true magic happens outside. Step through the doors to the large patio and discover a garden oasis filled with an enchanting mix of flowers, mature shrubs, winding pathways and grassy quiet spaces to sit, relax and enjoy nature. Meander through a beautiful tapestry of gardens to the rear of the property, where a quaint shed/barn awaits, complete with a charming loft and an attached garden tool room. Full of possibilities, it would make a wonderful artist's studio, kids' playhouse, garden retreat, man cave or she-shed; this versatile space is ready to inspire! And the central location? Simply wonderful. Parks, restaurants, shopping, library, schools and so much more are all close by, making it easy to leave the car behind and walk wherever you need to go. Most appliances have been replaced in the past 4-6 years. Eaves and Downspouts on front and rear of house 2026, Roof 2023, Furnace 2021 & Central Air 2020. This is more than a house-it's a lifestyle. An exceptional opportunity to embrace a relaxed, carefree feeling of cottage living while being right in the city.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,693/mo
Mortgage $1,997
Monthly Loss $2,168
Principal$525
Interest$1,471
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.0%5
5-Year IRR
14.2%66
10-Year IRR
13.9%
Returns Index
34.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$21,883/yr
Net Cash Flow
-$173/mo
Cash Margin
-6.2%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
33.1/ 100

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

Comparables

Properties near 755 4th Avenue E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.