Gurvinder Nokwal REALTOR®
For Sale Fourplex 220 days on market

$499,900 ↓ $120,100 from $620,000

Est. payment $2,213/moCalculate yours

827 2nd Avenue E, Owen Sound, ON N4K 2H2

Owen Sound, Owen Sound, ON N4K 2H2

  • 6 Beds
  • 7 Baths
  • 5,000 Sq Ft
Map

Listing courtesy of RE/MAX Grey Bruce Realty Inc. MLS® X12990312

About this home

Building featuring 4 apartments, with ground-floor commercial space located in an excellent downtown location. The property includes four self-contained apartments, with two units on the second floor and two units on the third floor. All residential units are currently leased to established tenants. Floor plans for each unit are available in the listing pictures. The main floor consists of approximately 2,400 sq. ft. of commercial space, currently vacant. The layout includes a front retail or reception area, open workspace, multiple private offices, a kitchenette/lunchroom, and rear storage area, offering flexibility for a range of commercial or mixed-use applications.The building also features a full unfinished basement providing additional storage, with access from two separate staircases. Heating is provided by a gas-fired mid-efficiency furnace, with central air conditioning serving the main commercial area. On-site parking is available at the rear of the building with space for approximately six vehicles. Located within the downtown core, directly across from City Hall and within close proximity to the Farmers’ Market and other amenities, this property offers a combination of residential income and vacant commercial space for future leasing or owner use.

Property details

Overview

Property Type
Fourplex
Style
3-Storey
For
For Sale
Status
Sold Conditional
Size
5,000 sqft

Interior

Bedrooms
6
Bathrooms
7
Kitchens
5
Basement
Full, Unfinished

Building & Systems

Heating
Baseboard (Electric)
Cooling
Other
Exterior
Brick
Foundation
Stone
Roof
Rolled
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
25.75 x 185.88 Feet
Parking
None garage · 5 total
Zoning
C1-1

Financial

Property Taxes
$3,586 (2025)

Location

Neighbourhood
Owen Sound
Cross Street
2nd Ave E and 8th St. E
Direction Faces
East

Listing

MLS® Number
X12990312
Days on Market
220
Listed On
2026-03-12
Possession
60-90
Listed By
RE/MAX Grey Bruce Realty Inc.

Features

Interior

  • None

Pool

  • None
Excluded
Tenants belongings

Mortgage calculator

Minimum for this price: $24,995 (5%)

Amortization, years

Estimated mortgage payment

$2,213 per month

Principal and interest
$2,213
Property tax
$299
Estimated monthly cost
$2,512

Your mortgage

Mortgage amount
$399,920
Mortgage insurance
Not needed
Interest over 25 years
$264,115

Cash to close

Down payment
$99,980
Land transfer tax
$6,473
Total, before legal fees
$106,453
Talk to me about financing

Estimates 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

827 2nd Avenue E, Owen Sound, ON N4K 2H2 Owen Sound, Owen Sound, ON N4K 2H2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$499,900 827 2nd Avenue E, Owen Sound, ON N4K 2H2
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