900 2nd Avenue, Owen Sound, ON
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,072,000 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.
- 8 Bedrooms and 5 Bathrooms with 5 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 85 x 100 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Storage
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75.
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Property Summary
This multiplex located at 900 2nd Avenue, Owen Sound is currently for sale and has been available on SousaSells for 71 days. This property is listed at $1,072,000 with an estimated mortgage of $3,568* per month. It has 8 beds, 5 bathrooms, and is 3500-5000 square feet. 900 2nd Avenue, Owen Sound is in the Owen Sound neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 8 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •8 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Owen Sound, Owen Sound.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Campground
- Golf
- Lake/Pond
- Park
- Place Of Worship
- Public Transit
Interior Features
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 900 2nd Avenue, Owen Sound, ON
Q.What is the asking price for 900 2nd Avenue, Owen Sound, ON ?
The current listing price for 900 2nd Avenue, Owen Sound, ON in Owen Sound, Owen Sound is $1,072,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 8 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 900 2nd Avenue, Owen Sound, ON ?
900 2nd Avenue, Owen Sound, ON is a Multiplex (Other) featuring a Full basement.
Q.What key property features does 900 2nd Avenue, Owen Sound, ON offer?
Key property features include: Campground, Golf, Lake/Pond, Park, Place Of Worship, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 900 2nd Avenue W, Owen Sound, ON N4K 4M5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Owen Sound, ON
For a property listed at $1,072,000 in Owen Sound, the legal minimum down payment is $214,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,915 for this transaction. As this listing is in Owen Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,915.
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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.