$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
Estimated mortgage payment
$4,747 per month
- Principal and interest
- $4,747
- Property tax
- $588
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $232,315
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.