1050 1st Avenue, Unit 104, Owen Sound, ON

$517,500
MLS#:X12076667
2 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
1050 1st Avenue W 104, Owen Sound, ON N4K 4K6
⚠️

Property no longer active

This property was sold on April 28, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other other located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $517,500 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Intercom, Storage Area Lockers
  • Efficient heat pump heating

Description

Enjoy living across from the harbour -in Corbet Place! An awesome place to retire: exceptional location for walking downtown or along the river --this is the much talked about River District of Owen Sound and known for relaxing and picturesque "harbour walks". Corbet Place is "Life Lease" with no land transfer tax. Your vehicle has an inside parking in the heated ground level space--with an adjacent storage area. Named the "Flemming" suite there is 1106 sq ft; two bedrooms & two bathrooms. The kitchen features quartz countertops and custom backspash. Recently bedroom carpets have been replaced with hard surface flooring and impressive California shutters added to patio doors and windows. A very well maintained suite! Elevator to roof top meeting room with kitchen,H/H washrooms, balcony and a view to harbour & even a barbeque. Get togethers for parties, anniversaries/birthdays--for family and friends. Designed for senior living--this is a 55+ building.No smoking property.Pet limitation. To be owner occupied--no renting .Wonderful place to live.

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Property Summary

This condo apartment located at 1050 1st Avenue, Owen Sound is currently for sale and has been available on SousaSells for 483 days. This property is listed at $517,500 with an estimated mortgage of $1,723* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 1050 1st Avenue, Owen Sound is in the Owen Sound neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Owen Sound.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 28, 2025
Sold price information is available to members only
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeOther
Architectural StyleOther
ConstructionVinyl Siding, Stone
BasementNone
CountyGrey County
Annual Tax$4,540

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat TypeHeat Pump

Features

Property Features

None listed

Interior Features

  • Auto Garage Door Remote
  • Intercom
  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1050 1st Avenue, Unit 104, Owen Sound, ON

Q.What is the asking price for 1050 1st Avenue, Unit 104, Owen Sound, ON ?

The current listing price for 1050 1st Avenue, Unit 104, Owen Sound, ON in Owen Sound, Owen Sound is $517,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 1050 1st Avenue, Unit 104, Owen Sound, ON ?

1050 1st Avenue, Unit 104, Owen Sound, ON is a Other (Other) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Intercom, Storage Area Lockers.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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1050 1st Avenue, Unit 104, 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 1050 1st Avenue W 104, Owen Sound, ON N4K 4K6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Owen Sound.

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Interest Rate4.00%
Down Payment$155,250 (30.0%)
* Minimum Canadian down payment required for this price is $26,750.
Amortization Period30 Years
Estimated Monthly Payment$1,723Based on a loan of $362,250 over 30 years.
Purchase Price$517,500
Loan Amount$362,250
Provincial Land Transfer Tax:$6,825
Total Estimated Closing Taxes:$6,825

About Purchasing a Home in Owen Sound, ON

For a property listed at $517,500 in Owen Sound, the legal minimum down payment is $26,750 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 $6,825 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 $6,825.

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Owen Sound, Owen Sound 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$616,913

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%

Best Schools in Owen Sound, Owen Sound

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
Notre Dame
Public885 25th Street East, Owen Sound, Ontario, N4K 6X6
4.2

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

Owen Sound, Owen Sound Demographic Home information

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.