ON > Owen Sound
Owen Sound, ON N4K 3E7,960 9th Avenue E
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Owen Sound, ON N4K 3E7,960 9th Avenue E
Owen Sound, ON N4K 3E7,960 9th Avenue E
Owen Sound, ON N4K 3E7,960 9th Avenue E
Owen Sound, ON N4K 3E7,960 9th Avenue E
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Ivan Gascho

Ivan Gascho

+1(519) 573-7440
$ 699,999
Est. payment /mo
Save
Price Dropped by $50K

960 9th Avenue E Owen Sound, ON N4K 3E7

3 Beds

2 Baths

2,000 SqFt

UPDATED:

10/29/2024 12:26 PM

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

Listed by Non-MEM Brokerage

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

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960 9th Avenue E