1100 4th Avenue, Owen Sound, ON
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 $429,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 24.05 x 92 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Updated East Side Duplex - Vacant & Ready for Your Tenants. Welcome to this recently renovated up-and-down duplex located on the east side of Owen Sound. Offering two spacious 2-bedroom, 1-bathroom units, this property is an excellent opportunity for investors, house hackers, or buyers looking to add a turnkey income property to their portfolio. The main floor features a freshly updated 2-bedroom, 1-bathroom unit with brand-new LVP flooring throughout, a completely renovated bathroom with a tub/shower combination, plenty of natural light from an abundance of windows, and a spacious living room. The upper unit has also been freshly updated and offers 2 bedrooms, 1 bathroom, and the added bonus of a bright second-storey sunroom - a great space to enjoy your morning coffee, create a home office, or simply relax.Both units feature their own in-suite laundry, providing added convenience for tenants. The property is equipped with separate gas and hydro meters for each unit, allowing tenants to pay their own utilities and simplifying ownership. There is also parking for four vehicles, adding further convenience and rental appeal. The building's flat roof membrane was replaced in 2022, providing an important recent capital improvement for the property. With renovations recently completed, the building is completely vacant and ready for you to choose your own tenants and set the rents. Estimated market rent is approximately $1,700 + gas and hydro per unit, representing potential gross rental income of approximately $40,800 annually and an estimated 7% cap rate. A turnkey duplex with fresh updates, separate utilities, in-suite laundry, parking for four, and immediate rental potential - an excellent opportunity to add a renovated income property to your portfolio.
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Property Summary
This duplex located at 1100 4th Avenue, Owen Sound is currently for sale and has been available on SousaSells for 0 days. This property is listed at $429,900 with an estimated mortgage of $1,431* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 1100 4th 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 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •2000-2500 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
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 1100 4th Avenue, Owen Sound, ON
Q.What is the asking price for 1100 4th Avenue, Owen Sound, ON ?
The current listing price for 1100 4th Avenue, Owen Sound, ON in Owen Sound, Owen Sound is $429,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 1100 4th Avenue, Owen Sound, ON ?
1100 4th Avenue, Owen Sound, ON is a Duplex (2-Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 1100 4th Avenue E, Owen Sound, ON N4K 2P2
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About Purchasing a Home in Owen Sound, ON
For a property listed at $429,900 in Owen Sound, the legal minimum down payment is $21,495 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 $5,073 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 $5,073.
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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.