1198 2nd Avenue, Owen Sound, ON
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 $399,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 26.42 x 100 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This charming 3-bedroom, 1.5-bathroom home is perfectly situated to offer the best of Owen Sound living. Just a short stroll from the vibrant downtown River District and the picturesque waterfront; this is more than a house, it's a lifestyle. Experience the pulse of the city's celebrated events without ever needing to drive. Enjoy the scenic waterfront trails, TD Harbour Nights Concert Series, Summerfolk Music Festival, and the thrilling Salmon Spectacular fishing derby, all within walking distance. This home features three comfortable bedrooms, two bathrooms, a walk in storage room on the second floor, and a conveniently laundry/mudroom on the main floor, which provides access to the fully fenced in back yard. The basement has been partially finished and offers a great bonus space! This home is perfect for those who want to be at the center of it all while still enjoying the perks of a residential neighborhood. Don't miss this opportunity to own a piece of Owen Sound's thriving community. Notable items: Furnace (2016), Roof (2016). Windows in bedrooms, upstairs landing and back mudroom replaced between 2018-2021. Most rooms painted (August 2025). Carpet on stairs and 2nd floor (August 2025). Foundation inspected and professionally repaired (August 2025). AC Serviced (August 20th, 2025).
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Pricing & Value Insights
Data-driven valuation for 1198 2nd Avenue W, Owen Sound, ON N4K 4N2
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About Purchasing a Home in Owen Sound, ON
For a property listed at $399,000 in Owen Sound, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.