560 5TH St W
Owen Sound, Owen Sound, N4K 3K6
FOR SALE
$1,149,000

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3 + 1
BEDROOMS4
BATHROOMS1
KITCHENS11 + 6
ROOMSX10848062
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Property Description
Custom built by Lewis Hall this one of a kind all brick bungalow has maintained a timeless appeal. In a premier location across from Black's Park it has easy access to the Bruce Trail. The oversized private ravine lot has stunning perennial gardens not offered with a newer build. Extensively renovated over the years with attention to detail featuring custom built-in cabinetry and solid wood crown mouldings like you have never seen before. The kitchen features custom cabinetry, a large island and gorgeous granite counters. You will be amazed at the impressive room sizes and the natural light that flows through this home. The living room has an unique open natural gas fireplace with a realistic log set and leads into the dining room and sunroom with lovely views of the private backyard oasis. The inviting primary bedroom has two custom built-in cabinets and the exquisite en-suite has in-floor heating. On the lower level you will find the cozy den with a wood burning fireplace and adjacent wet bar. There is a fourth bedroom and beautiful 4 piece bath as well as a dedicated laundry room, office and large utility room that lends itself to many uses. The built-in storage is never ending. There is a brand new gas Concord furnace and a commercial grade gas water heater. This property offers a large detached double garage and ample parking for all of your friends and family. This is the first time this special property has been offered to the public for sale. Don't miss out on your opportunity to call 560 5th Street West your home!
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Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
120' x 158'
Acreage
< .50
Fronting
West
Taxes
$10,200 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Detached
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Owen Sound Market Statistics
Owen Sound Price Trend
560 5TH St W is a 3-bedroom 4-bathroom home listed for sale at $1,149,000, which is $754,000 (190.9%) higher than the average sold price of $395,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Owen Sound declined by $107,500 (21.4%) compared to the previous 30 day period (December 22 - January 20) and down $105,000 (21.0%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Owen Sound over the last 30 days (January 21 - February 19), which is up 77.8% compared with the previous 30 day period (December 22 - January 20) and up 300.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Owen Sound typically sold ($27,000) (6.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $13,550 decrease compared to the previous 30 day period (December 22 - January 20) and ($20,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Owen Sound over the last 30 days (January 21 - February 19) stood at 50.0%, down from 88.9% over the previous 30 days (December 22 - January 20) and down from 75.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Owen Sound stood at 101 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton-Sound Realty Inc. Brokerage (Owen Sound)
Similar Listings
Step into the timeless elegance of this stunning Victorian home, perfectly nestled in the heart of Owen Sound. Just a few blocks from downtown, this remarkable property not only sits on a quiet dead-end street, but is situated upon a spacious double wide lot offering both privacy and charm. As a rare bonus, enjoy an owned parcel across the street with your own dock on the Sydenham River. Inside, rich character blends seamlessly with modern upgrades, including an exquisitely renovated custom kitchen designed to complement the homes heritage. With three generous bedrooms including a luxurious primary suite with an ensuite and dressing room plus a charming attic suite with its own bath, this home offers both space and sophistication. Move-in ready and brimming with history, this is a rare opportunity to own a true masterpiece.
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