708 16th Street, Owen Sound, ON

$649,000
MLS#:X13126090
1 beds
3 baths
2500-3000 sqft
13.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,000 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.

  • 1 Bedroom and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 91.25 x 105.13 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 13.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free, Separate Heating Controls
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.

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Key Features

Bedrooms
1
Bathrooms
3
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size91.25 × 105.13 Feet
CountyGrey County
Annual Tax$11,695.32
Legal DescriptionPT LT 1 E/S CATHCART ST AND N/S ST. VINCENT ST PL OWEN SOUND PT 1 16R1414; OWEN SOUND

Parking & Garage

Parking Spaces13.0
Garage Spaces13
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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708 16th Street, Owen Sound, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$483,660

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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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 708 16th Street E, Owen Sound, ON N4K 1Y9

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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Financial Audit

Estimated Costs

Loan Amount$519,200
Monthly Mortgage$3,017
Property Tax (Est.)$975
Utilities & Maint.$350
Total Monthly Cost$4,342

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Owen Sound.

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.