2555 3rd Avenue, Unit 506, Owen Sound, ON

$995,000
MLS#:X12163472
3 beds
2 baths
3000-3249 sqft
12.0 parking
Residential Condo & Other
2555 3rd Avenue W 506, Owen Sound, ON N4K 6T8
⚠️

Property no longer active

This property was sold on June 12, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $995,000 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 3000-3249 sqft
  • 12.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Ventilation System
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Luxury condo living at its best. This Harbourfront condo with its 3200 sq. feet is in pristine condition with many recent updates. The many various amenities including the Library, Exercise Room, spacious Party/Meeting room and of course the secure underground parking create a complete comfortable living situation. The two balconies this condo has provides opportunities to relax and enjoy the serene view of Georgian Bay. Both balconies are open so you can enjoy the weather and outdoor atmosphere.

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Property Summary

This condo apartment located at 2555 3rd Avenue, Owen Sound is currently for sale and has been available on SousaSells for 443 days. This property is listed at $995,000 with an estimated mortgage of $3,312* per month. It has 3 beds, 2 bathrooms, and is 3000-3249 square feet. 2555 3rd 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 3 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
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 3000-3249 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Owen Sound.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
3000-3249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 10, 2025
Sold price information is available to members only
Listed Date5/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionStucco (Plaster)
BasementNone
CountyGrey County
Annual Tax$10,314.97

Parking & Garage

Parking Total12.0
Parking Space2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Ventilation System

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2555 3rd Avenue, Unit 506, Owen Sound, ON

Q.What is the asking price for 2555 3rd Avenue, Unit 506, Owen Sound, ON ?

The current listing price for 2555 3rd Avenue, Unit 506, Owen Sound, ON in Owen Sound, Owen Sound is $995,000.

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

This property features 3 bedrooms and 2 bathrooms across approximately 3000-3249 sqft.

Q.What property type and architectural style is 2555 3rd Avenue, Unit 506, Owen Sound, ON ?

2555 3rd Avenue, Unit 506, Owen Sound, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Ventilation System.

Q.Is parking available at this property?

Yes, this property offers parking space for 12.0 vehicles (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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2555 3rd Avenue, Unit 506, 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 2555 3rd Avenue W 506, Owen Sound, ON N4K 6T8

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$298,500 (30.0%)
* Minimum Canadian down payment required for this price is $74,500.
Amortization Period30 Years
Estimated Monthly Payment$3,312Based on a loan of $696,500 over 30 years.
Purchase Price$995,000
Loan Amount$696,500
Provincial Land Transfer Tax:$16,375
Total Estimated Closing Taxes:$16,375

About Purchasing a Home in Owen Sound, ON

For a property listed at $995,000 in Owen Sound, the legal minimum down payment is $74,500 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 $16,375 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 $16,375.

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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.