850 8th Avenue E, Owen Sound

$549,900
850 8th Avenue E

$549,900

New
9d
DetachedBungalow

850 8th Avenue E, Owen Sound

Total Monthly Obligation $2,932

HausQ Valuation Report
Beds
2
Baths
2
Park
3
Sqft
700-1100
DOM
9d
Score
21
Yield
5.7%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X14030650
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 208.5 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,063 (2025)
Parking-4 - Detached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Sutton-Sound Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Felxible
Neighbourhood-Owen Sound
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained brick bungalow offering approximately 1,600 sq. ft. of finished living space, including the lower level. This move-in ready home has seen numerous tasteful updates and offers a fantastic combination of indoor comfort and outdoor living. The beautifully renovated kitchen (2019) features granite countertops, modern cabinetry, and updated appliances, creating a functional and stylish space for everyday living and entertaining. Additional 2019 upgrades include new flooring throughout the home and a beautifully updated bathroom, giving the interior a fresh, contemporary feel. Newer double-hung windows add to the home's comfort and energy efficiency. Step outside to discover an impressive, fully fenced backyard stretching over 200 feet deep. With a large concrete patio and plenty of green space, it's the perfect setting for summer BBQs, children and pets to play, gardening, or simply relaxing in your own semi-private retreat. Completing the package is a detached garage, ample outdoor space, and the timeless appeal of a solid brick bungalow. Whether you're a first-time buyer, downsizer, or someone looking for a turnkey home with all the work already done for your and a spectacular yard, this property is one you won't want to miss.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,932/mo
Mortgage $2,218
Monthly Loss $2,348
Principal$584
Interest$1,634
Property Tax$339
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.8%2
5-Year IRR
11.1%43
10-Year IRR
11.5%
Returns Index
22.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,500/yr
NOI
$19,787/yr
Net Cash Flow
-$569/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7412
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.4/ 100

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

Comparables

Properties near 850 8th Avenue E

Time

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