1178 4th Avenue, Owen Sound, ON

$799,000
MLS#:X13124850
5 beds
2 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] investment located in the coveted neighborhood of Owen Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 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.

  • 5 Bedrooms and 2 Bathrooms
  • Premium 122 x 175 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient double detached garage included
  • equipped with ["yes"] central cooling and highly efficient radiant heating via gas

Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable areas, this unique property offers over 4,600 sq. ft. of finished above-grade space along with exceptional flexibility for future use. The main building features impressive ceiling heights, hardwood flooring, detailed crown moulding, and large windows that provide abundant natural light throughout. Architectural character from a bygone era is evident in the craftsmanship and scale of the interior, complemented by a covered verandah, widow's walk, and attached carport. Zoned R5, the property allows for a wide range of permitted uses, including multi-residential development, professional office space, or conversion to a bed and breakfast, the opportunities are endless. The layout and scale also lend themselves well to a large single-family residence or adaptive re-use project. The site offers a large paved parking area with three separate street access points, providing ideal access for commercial or multi-unit use. In addition, a detached two-storey brick coach house presents further potential for redevelopment, storage, or additional finished space. The basement of the main property provides additional utility space suitable for storage or future development. The property is serviced with hot water radiant heating via a gas boiler system and ductless mini-split air conditioning units for year-round comfort. A rare offering combining size, layout, and historic character in a central and established location, presenting a strong opportunity for redevelopment or restoration.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
1
Property Type
Commercial

Additional Details

StatusActive
Listed Date5/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size122 × 175 Feet
CountyGrey County
Annual Tax$9,901
Legal DescriptionLT 3-4 PL 57 OWEN SOUND; PT LT 5 PL 57 OWEN SOUND AS IN R107627; OWEN SOUND

Parking & Garage

Garage Spaces20
Garage TypeDouble Detached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Yes"]

Features

Property Features

Community Features

Location

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1178 4th Avenue, Owen Sound, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1178 4th Avenue W, Owen Sound, ON N4K 4W5

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.

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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.
Financial Audit

Estimated Costs

Loan Amount$639,200
Monthly Mortgage$3,714
Property Tax (Est.)$825
Utilities & Maint.$350
Total Monthly Cost$4,889

Strategic Fiscal Clarity

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