701 5th Street
Owen Sound, ON
- 4 bed
- 1 bath
- approx. 1100-1500 sqft
- Detached
EXTENSIVELY RENOVATED IN 2026 and move-in ready, this four-bedroom, one-bathroom home offers more than 1,200 square feet of living space on a generous lot directly across from Owen Heights Park. Situated on a quiet residential street close to shopping and everyday amenities, Recent improvements include a renovated kitchen with new stainless steel appliances, an updated bathroom, new flooring, plumbing, lighting, fresh paint throughout, central air conditioning, and a new washer and dryer. Thousands of dollars have also been invested in foundation repairs and comprehensive basement waterproofing, including a membrane around the entire basement, concrete repairs, and a new sump pump. The waterproofing is backed by a lifetime contractor warranty, with documentation available (ask your agent) Enjoy a spacious backyard with plenty of room for summer barbecues and outdoor entertaining, plus a large unfinished basement offering potential for two additional bedrooms and another bathroom-an excellent opportunity for future living space or rental income.
Listing Details
- Taxes (2025)
- $2,919
- Listed
- September 9, 2026
Price History
Listing history
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Property
- Style
- 1 1/2 Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Water Heater, Primary Bedroom - Main Floor
- Lot Size
- 49 x 90 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- 7th Ave E and 5 St E
- Zoning
- R1-7
- Parcel Number
- 370660085
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Fridge, Oven, Washer, dryer
- Rental Items
- Air Conditioner (Enercare) $99.50 plus HST per month + Tankless Water Heater (Reliance) $46.37 plus HST per month.
Schools
Secondary
- École secondaire catholique Saint-Dominique-Savio0.7 km
French Catholic · Conseil scolaire catholique Providence
- St Mary's High School1.6 km
Catholic · Bruce-Grey CDSB · 1035 students
Grade 10 literacy: 80% met the provincial standard
- Owen Sound District Secondary School Secondary School2.1 km
Public · Bluewater DSB · 1285 students
Grade 10 literacy: 81% met the provincial standard
Elementary
- École élémentaire catholique St-Dominique-Savio0.7 km
French Catholic · Conseil scolaire catholique Providence · 175 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 40% met the provincial standard
- East Ridge Community School1.4 km
Public · Bluewater DSB · 805 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 34% met the provincial standard
- Alexandra Community School1.4 km
Public · Bluewater DSB · 315 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 23% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N4K
- Population
- 28,975
- Private dwellings
- 13,555
- Median age
- 49.2
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Owen Sound · last 12 months
- Median sold price
- $445,000
- Homes sold
- 275
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 275 recorded sales of residential freehold properties in Owen Sound over the last 12 months.
Rooms
3-piece
Second
- Bedroom 311'9" x 11'10"
- Bedroom 413'10" x 12'1"
Ground
- Bathroom7'8" x 3'7"
- Bedroom11'1" x 8'
- Bedroom 210'11" x 11'10"
- Dining Room14'6" x 11'1"
- Foyer6'3" x 3'7"
- Kitchen7'8" x 15'11"
- Living Room14'6" x 11'1"
Listed by
RE/MAX Grey Bruce Realty Inc.
Walk Score
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Location
Street View
Mortgage Calculator
$79,700
Estimated Monthly Payment
$1,958
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,958/mo (20% down, 5.5%)
Taxes: $243/mo · Insurance: $100/mo
Estimates only. Consult a financial advisor.
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