$479,000
589 5th Avenue E, Owen Sound, ON N4K 2R4
3 Beds
2 Baths
4 Parking
So you want a large, fenced lot AND a cute, move-in-ready home?? It turns out you really can have it all. If you've been searching for a property in Owen Sound that checks all your boxes without inheriting a massive weekend to-do list, 589 5th Avenue E is the one you've been waiting for. Sited on a fantastic, fully fenced corner lot, this home offers the ultimate blend of character and turnkey modern upgrades, with the work already done for you. Step inside to a main level that pops with personality, where classic hardwood floors perfectly complement a modern kitchen. The bathroom has also been tastefully updated, ensuring you can move right in. Beyond the cosmetic finishes, major mechanical components-including the roof, windows, eavestroughs, and gutters-have all been recently updated. The finished basement is Complete with a cozy gas fireplace, and this versatile space functions beautifully as a guest suite or a rec room. The highlights continue outdoors, where the fully fenced corner lot becomes your private oasis. It is the perfect setup for letting pets or kids play safely. You can fire up the grill and host friends under your backyard gazebo, while the handy storage shed or potential workshop keeps your seasonal gear, tools, and bikes organized and out of sight. Schedule your tour today and take the first step toward calling this beautiful Owen Sound property your own.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 1 1/2 Storey
Bedrooms Above Grade 3
Bathrooms 2
Kitchens 1
Basement Finished
Exposure East

Building

Building Type Detached
Square Footage 700-1100
Exterior Brick
Foundation Stone
Roof Asphalt Shingle
Heating Forced Air
Heat Source Gas
Cooling None
Fireplace Yes

Measurements

Lot Size 115 x 100
Lot Size Units Feet
Frontage 115
Depth 100
Total Living Area 700-1100

Land

Address 589 5th Avenue E, Owen Sound, ON N4K 2R4
City Owen Sound
County / Area Grey County
Cross Street 5th Ave E & 6th St. E
Sewer Sewer
Pool None
Parcel Number 370670170

Parking and Garage

Total Parking 4
Garage Spaces 0
Garage Type None

Taxes and Listing Info

List Price $479,000
Annual Taxes $3,767
Tax Year 2025
Status Active
Listing Date 2026-06-02T02:13:18Z
Updated 2026-06-02T20:04:23Z
MLS Number X13225882
Local Market Insight

What Buyers Should Know About 589 5th Avenue E, Owen Sound, ON N4K 2R4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

589 5th Avenue E, Owen Sound, ON N4K 2R4 is positioned in Owen Sound, a part of Owen Sound where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 1 1/2 Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to 5th Ave E & 6th St. E, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $479,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as Finished, and a lot size of 115 x 100, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Owen Sound, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Owen Sound. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 589 5th Avenue E, Owen Sound, ON N4K 2R4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.