Bungalow with Hot Tub, Backyard Oasis Near River

Property details for 1512 5th Ave A Avenue W, Owen Sound

Type: Residential
Style: Bungalow
Bedrooms: 5
Bathrooms: 2
Lot Size: 39.9 x 126 FT
Stories: 1
Basement: Finished, N/A
Parking: Carport, No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $4,498

This 5-bed, 2-bath bungalow on a 39.9 x 126 ft lot in Owen Sound's West Side is a rare find. The main floor has three bedrooms, an updated bath with double vanity and tiled shower, and an open kitchen with quartz counters and subway tile backsplash. Downstairs is fully finished with two more bedrooms, a 3-piece bath, and a separate side entrance-perfect for an in-law suite. Outside, a covered side yard with stamped concrete patio and hot tub, plus a fully fenced yard and custom Mennonite shed. Updates include windows, doors, furnace, and central air. Priced at $565,000, below the nearby median of $582,450. You're a minute's walk from the Pottawatomi River, and Harrison Field is close for sports. Restaurants, cafes, and Metro are within a couple of kilometres. It's a solid, move-in-ready home with character and flexibility.

About 1512 5th Ave A Avenue W, Owen Sound — Property Score

Prime Location Feature Rich

Score: 67/100

Value

Priced 9.2% below area median of $621,950 based on 44 comparable properties nearby 84

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 1 more than similarly priced 4-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

5,027 sqft lot - a standard lot for the area 65

Location

$61K median household income - near the Canadian average of $70K 61

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

80% homeownership rate - indicating a stable, owner-occupied community 86

87% of residents commute under 30 minutes - excellent commuter accessibility 99

2,546/km² population density - a well-balanced suburban area 95

Market

Just listed - area average is 18 days on market 96

-16.8% median price change over 1 month - declining prices in the area 1

89 months of housing supply - 89 active listings with 1 sold last month (buyer's market) 40

Features

5-car garage - more than the area average of 3.9 spots 95

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.8% effective tax rate ($4,497/yr) - below the Canadian average of ~1% 76

18% renter population - primarily owner-occupied area 51

Quality

Condition

Listing

49 photos provided - 32% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.