516 4th Avenue, Owen Sound, ON
Property no longer active
This property was sold on November 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2 1/2 Storey duplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,999 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 35 x 103 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Separate Hydro Meter, Water Heater, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This solid red brick 2.5-storey home is full of charm, character, and potential. Offering over 2,000 square feet of living space this property is ideally suited for large families, investors, or buyers looking to create a legal duplex. The main floor features a generous living room, separate dining area, full kitchen, and a main-floor bedroom or office space. Upstairs, you'll find three more bedrooms, a 3-piece bathroom and a second kitchen setup hinting at its past use as a duplex. The finished attic/loft on the top floor provides even more flexible space for a home office, studio, or additional bedroom. With two separate entrances, ample square footage, and a layout conducive to multi-unit living; the home offers a great foundation for conversion. Outside; the property includes a private backyard space, large deck and a classic covered front porch. Located in a mature neighbourhood close to schools, shopping, transit, and downtown amenities. Whether you're looking for a spacious single-family home or an investment with income potential; this home delivers space and possibilities.
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Property Summary
This duplex located at 516 4th Avenue, Owen Sound is currently for sale and has been available on SousaSells for 386 days. This property is listed at $399,999 with an estimated mortgage of $1,331* per month. It has 6 beds, 2 bathrooms, and is 2000-2500 square feet. 516 4th Avenue, 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 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •6 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
None listed
Interior Features
- Separate Hydro Meter
- Water Heater
- In-Law Capability
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 516 4th Avenue, Owen Sound, ON
Q.What is the asking price for 516 4th Avenue, Owen Sound, ON ?
The current listing price for 516 4th Avenue, Owen Sound, ON in Owen Sound, Owen Sound is $399,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 516 4th Avenue, Owen Sound, ON ?
516 4th Avenue, Owen Sound, ON is a Duplex (2 1/2 Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter, Water Heater, In-Law Capability, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Data-driven valuation for 516 4th Avenue E, Owen Sound, ON N4K 2N2
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About Purchasing a Home in Owen Sound, ON
For a property listed at $399,999 in Owen Sound, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.