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 $449,000 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.
Welcome to 1140 2nd Avenue W, this Victorian red brick duplex offering an great investment opportunity or the perfect canvas to convert back into a grand single-family home. This character-filled property showcases timeless architectural details, including authentic stained-glass windows, original oak pocket doors, and airy 9.5-foot ceilings. The versatile two-unit layout consists of a comfortable one-bedroom, one-bathroom lower apartment with a private walk-out deck, alongside an upper unit with two bedrooms plus a bonus loft area ideal for a home office or media room. Perfectly positioned steps from the scenic Sydenham River, this highly walkable location provides instant access to Owen Sound's vibrant River District shops, artisan dining, and cafés. Enjoy lifestyle-driven living with waterfront trails, Kelso Beach, the Roxy Theatre, the Saturday morning Farmers' Market, and the central transit terminal all right at your doorstep. Rents: Apt 1: $1,200/mo; Apt 2: $1,800/mo.
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Arts Centre, Golf, Hospital, Rec./Commun.Centre, School, Public Transit
On Demand Water Heater, Separate Heating Controls, Water Heater Owned
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Data-driven valuation for 1140 2nd Avenue W, Owen Sound, ON N4K 4N2
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Owen Sound.
About Purchasing a Home in Owen Sound, ON
For a property listed at $449,000 in Owen Sound, the legal minimum down payment is $22,450 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 $5,455 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 $5,455.
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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.