502 & 504 9th Street, Owen Sound, ON
Property no longer active
This property was sold on November 19, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $534,900 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.
- 7 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 85.8 x 62.29 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Accessory Apartment, Carpet Free, Separate Hydro Meter
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
Description
This one hits all the right notes: location, condition, and income--with none of the drama. 502 & 504 9th St W is a clean, income-generating up/down duplex in a prime Owen Sound neighbourhood that consistently attracts quality tenants and high rents. With a cap rate of 7.66% and zero headaches, this property does the work for you. Currently bringing in $3,800/month with tenants paying all their own utilities, your only expenses are taxes and insurance. It doesn't get more hands-off than that. Each unit is separately metered with separate entrances, separate laundry, separate outdoor space, and separate 100 amp electrical panels. The main floor unit offers 5 bedrooms and 1 bathroom, with a private fenced yard, while the upper unit features 2 bedrooms and 1 bathroom with a rooftop deck. Both units have updated plumbing and electrical, and all major capital expenditures are already done: high-efficiency furnace (2021), roof (2020), soffit/fascia/eaves with gutter guards (2025), attic insulation (2025), owned hot water tank (2025), all exterior doors (2025), vinyl flooring (2025)--and every single last window in the whole building is now an energy-efficient vinyl window. Solid stone construction, fully modernized systems, and zero deferred maintenance. Just take over and start making money. This is the kind of property that makes investing feel easy.
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Property Summary
This duplex located at 502 & 504 9th Street, Owen Sound is currently for sale and has been available on SousaSells for 304 days. This property is listed at $534,900 with an estimated mortgage of $1,780* per month. It has 7 beds, 2 bathrooms, and is 2000-2500 square feet. 502 & 504 9th Street, Owen Sound is in the Owen Sound neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •7 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
- Hospital
- Public Transit
- Library
- School
- Fenced Yard
Interior Features
- Accessory Apartment
- Carpet Free
- Separate Hydro Meter
- Upgraded Insulation
- Water Heater Owned
- Primary Bedroom - Main Floor
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 502 & 504 9th Street, Owen Sound, ON
Q.What is the asking price for 502 & 504 9th Street, Owen Sound, ON ?
The current listing price for 502 & 504 9th Street, Owen Sound, ON in Owen Sound, Owen Sound is $534,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 502 & 504 9th Street, Owen Sound, ON ?
502 & 504 9th Street, Owen Sound, ON is a Duplex (2-Storey) featuring a Full, Unfinished basement.
Q.What key property features does 502 & 504 9th Street, Owen Sound, ON offer?
Key property features include: Hospital, Public Transit, Library, School, Fenced Yard.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Carpet Free, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned, Primary Bedroom - Main Floor, Storage.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Window Unit(s).
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Pricing & Value Insights
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About Purchasing a Home in Owen Sound, ON
For a property listed at $534,900 in Owen Sound, the legal minimum down payment is $28,490 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 $7,173 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 $7,173.
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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.