$1,595,000
Est. payment $7,062/moCalculate yours
2250 28th Avenue E, Owen Sound, ON N0H 1B0
Owen Sound, Owen Sound, ON N0H 1B0
- 1,100 Sq Ft
Listing courtesy of Sutton-Sound Realty MLS® X13710124
About this home
31.75-Acre Property currently used as residential home, horse barn and track within the city limits with an opportunity for Employment & Industrial Development . A rare 31.75-acre development opportunity within the City of Owen Sound, ideally positioned next to established industrial and retail areas. Currently operated as a residential property and horse farm, the lands are zoned M3 (Employment Area) Industrial, offering significant potential for future industrial or employment-oriented development.With its substantial land base, strategic location, and proximity to existing commercial and industrial uses, the property lends itself naturally to industrial development, expansion, or other employment-generating uses, subject to municipal approvals and development requirements.The property is being offered with its value primarily attributed to its highest and best use as an industrial development site. While the existing residence and farm-related buildings provide current utility, prospective purchasers should view these improvements as secondary to the underlying development potential of the land. The existing house and agricultural structures may have limited contributory value in the context of an industrial redevelopment scenario. For developers, investors, and businesses seeking a sizeable employment/industrial land holding within Owen Sound, this property represents an exceptional opportunity to acquire 31.75 acres in an established and strategically located employment area, with the potential to unlock substantial value through future redevelopment.
Property details
Overview
- Property Type
- Farm
- Style
- 2 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- None
- Exterior
- Aluminum Siding
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 900 x 1550 Feet
- Parking
- 11 total
- Zoning
- M3 Industrial (Emplyment Area)
Financial
- Property Taxes
- $2,494 (2026)
Location
- Neighbourhood
- Owen Sound
- Cross Street
- 28th Ave E/20th St E
- Direction Faces
- West
Listing
- MLS® Number
- X13710124
- Days on Market
- 54
- Listed On
- 2026-08-25
- Possession
- Flexible
- Listed By
- Sutton-Sound Realty
Features
Interior
- Water Heater Owned
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,062 per month
- Principal and interest
- $7,062
- Property tax
- $208
- Condo fees
- $0
- Estimated monthly cost
- $7,270
Your mortgage
- Mortgage amount
- $1,276,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $842,694
Cash to close
- Down payment
- $319,000
- Land transfer tax
- $28,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $347,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.