Welcome to this remarkable land located in the coveted neighborhood of Owen Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,000,000 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.
Positioned along 20th Street East with over 200 feet of frontage, this M1-zoned parcel offers a unique opportunity to secure a highly versatile development site complete with access to full municipal services. Located on the edge of the rapidly evolving 16th Street East commercial corridor, the property benefits from excellent exposure, convenient access to major transportation routes, and proximity to a growing collection of businesses, services, and amenities. Whether you're planning a purpose-built facility, expanding an existing operation, or securing land for future development, this property provides the flexibility to bring your vision to life. With industrial land supply becoming increasingly limited, opportunities to start with a true blank slate in a strategic city location are few and far between. Subject to completion of severance. Contact your REALTOR for additional information on this rare offering.
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No historical data available for this property.
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Data-driven valuation for 1548 (Pt Lot 3) 20th Street E, Owen Sound, ON N4K 6J4
Based on 0 recent similar sales in the pocket.
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 $1,000,000 in Owen Sound, the legal minimum down payment is $200,000 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 $16,475 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 $16,475.
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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.