Gurvinder Nokwal REALTOR®
For Sale Multiplex 144 days on market

$1,072,000

Est. payment $4,747/moCalculate yours

900 2nd Avenue W, Owen Sound, ON N4K 4M5

Owen Sound, Owen Sound, ON N4K 4M5

  • 8 Beds
  • 5 Baths
  • 3,500 Sq Ft

Listing courtesy of LPT Realty MLS® X13207132

About this home

Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75.

Property details

Overview

Property Type
Multiplex
Style
Other
For
For Sale
Status
New
Size
3,500 sqft

Interior

Bedrooms
8
Bathrooms
5
Kitchens
5
Basement
Full

Building & Systems

Heating
Forced Air (Gas)
Cooling
Wall Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle, Metal
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
85 x 100 Feet
Parking
None garage · 10 total
Zoning
C1

Financial

Property Taxes
$7,060 (2025)

Location

Neighbourhood
Owen Sound
Cross Street
9th Street West
Direction Faces
North

Listing

MLS® Number
X13207132
Days on Market
144
Listed On
2026-05-27
Possession
Flexible
Listed By
LPT Realty

Features

Interior

  • Storage

Property

  • Campground
  • Golf
  • Lake/Pond
  • Park
  • Place Of Worship
  • Public Transit

Pool

  • None
Rental items
1 hot water tank (3 are owned)

Mortgage calculator

Minimum for this price: $82,200 (7.67%)

Amortization, years

Estimated mortgage payment

$4,747 per month

Principal and interest
$4,747
Property tax
$588
Estimated monthly cost
$5,335

Your mortgage

Mortgage amount
$857,600
Mortgage insurance
Not needed
Interest over 25 years
$566,375

Cash to close

Down payment
$214,400
Land transfer tax
$17,915
Total, before legal fees
$232,315
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

900 2nd Avenue W, Owen Sound, ON N4K 4M5 Owen Sound, Owen Sound, ON N4K 4M5
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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).

$1,072,000 900 2nd Avenue W, Owen Sound, ON N4K 4M5
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