1140 2nd Avenue, Owen Sound, ON

$489,000
MLS#:X13134720
3 beds
2 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $489,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 40.72 x 154.17 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: On Demand Water Heater, Separate Heating Controls, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Welcome to 1140 2nd Avenue W, this Victorian red brick duplex offering an great investment opportunity or the perfect canvas to convert back into a grand single-family home. This character-filled property showcases timeless architectural details, including authentic stained-glass windows, original oak pocket doors, and airy 9.5-foot ceilings. The versatile two-unit layout consists of a comfortable one-bedroom, one-bathroom lower apartment with a private walk-out deck, alongside an upper unit with two bedrooms plus a bonus loft area ideal for a home office or media room. Perfectly positioned steps from the scenic Sydenham River, this highly walkable location provides instant access to Owen Sound's vibrant River District shops, artisan dining, and cafés. Enjoy lifestyle-driven living with waterfront trails, Kelso Beach, the Roxy Theatre, the Saturday morning Farmers' Market, and the central transit terminal all right at your doorstep. Rents: Apt 1: $1,200/mo; Apt 2: $1,800/mo.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size40.72 × 154.17 Feet
CountyGrey County
Annual Tax$4,812.52
Legal DescriptionPT LT 8 PL 37 OWEN SOUND AS IN R470159 CITY OF OWEN SOUND

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Arts Centre, Golf, Hospital, Rec./Commun.Centre, School, Public Transit

Community Features

Location

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1140 2nd Avenue, Owen Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1140 2nd Avenue W, Owen Sound, ON N4K 4N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$391,200
Monthly Mortgage$2,273
Property Tax (Est.)$401
Utilities & Maint.$350
Total Monthly Cost$3,024

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Owen Sound.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$521,217

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Alexandra
Public1556 8th Avenue East, Owen Sound, Ontario, N4K 3B6
4.2
Hillcrest
Public501 8th Street West, Owen Sound, Ontario, N4K 3M8
3.2
East Ridge
Public1550 8th Street East, Owen Sound, Ontario, N4K 5R4
5.3
St-Dominique-Savio
Public800 23rd Street East, Owen Sound, Ontario, N4K 6Z5
3.2
Keppel-Sarawak
Public937 24th Street West, Owen Sound, Ontario, N4K 5N4
6.2

Secondary Schools

St. Mary’s
Catholic555 15th Street East, Owen Sound, Ontario, N4K 1X2
5.8
Owen Sound
Public750 9th Street West, Owen Sound, Ontario, N4K 3P6
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.