960 9th Avenue E Active Save Request In-Person Tour Request Virtual Tour
Owen Sound,ON N4K 3E7
Key Details
Property Type Multi-Family
Sub Type Duplex Side/Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $349
MLS Listing ID 40653067
Bedrooms 3
Abv Grd Liv Area 2,000
Originating Board Grey Bruce Owen Sound
Annual Tax Amount $4,411
Property Description
Unlock the potential of this prime investment opportunity in one of Owen Sounds most sought-after, family-oriented neighbourhoods at 9th Ave E and 10th St E. This side-by-side duplex, zoned R5, is perfectly positioned for redevelopment into a 20-unit residential complex, making it an ideal project for developers and investors alike. Currently featuring a spacious 2-bedroom unit and a cozy 1-bedroom unit, both separately metreed for gas and hydro, the property also includes a dedicated shared laundry area. The generous lot is set at the top of the hill, surrounded by mature trees, offering a serene setting on a main avenue. Located close to Georgian College, the entrance to the city, and Owen Sound Hospital, this property is in a high-demand area thats ripe for development. Whether you're planning to renovate the existing structure, cash flow or pursue a larger-scale project, 960 9th Ave E offers the flexibility and prime location to maximize your return on investment. Opportunities like this don't come around often. Reach out today for more information and to discuss how you can make the most of this exceptional development prospect.
One of a kind investment in a top neighbourhood! Spacious duplex, zone R 5 for 16 units. Features separate meters, shared laundry, and mature trees. Close to Georgian College, city access and the hospital; ideal for redevelopment.
Location
Province ON
County Grey
Area Owen Sound
Zoning R5
Direction 9th Ave E/10th St E
Rooms
Other Rooms Shed(s)
Basement Crawl Space,Unfinished
Kitchen 0
Interior
Interior Features Brick & Beam
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Common Area,Shared
Exterior
Garage Gravel
Waterfront No
Roof Type Shingle
Lot Frontage 104.0
Lot Depth 210.0
Garage No
Building
Lot Description Rectangular,High Traffic Area,Hospital,Open Spaces,Public Transit
Faces 9th Ave E/10th St E
Story 2
Foundation Concrete Block,ICF
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 370710126
Ownership Freehold/None