960 9th Avenue E Owen Sound, ON N4K 3E7
Listing Courtesy of: ITSO / Konfidis

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

Active (76 Days)
$699,999
3
BED
2
BATH
2,000
SQFT
See Similar Listings

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.

MLS®:
40653067
Taxes
$4,412(2023)
Type
Multifamily
County
Grey County

Listed By

Ben Shanesky, Konfidis
Source
ITSO
Last checked Nov 21 2024 at 11:46 AM MST
Bathroom Details
Interior Features
  • Stove
  • Refrigerator
  • Laundry: Shared
  • Laundry: Common Area
  • Brick & Beam
Lot Information
  • Public Transit
  • Open Spaces
  • Hospital
  • High Traffic Area
  • Rectangular
Property Features
  • Foundation: Icf
  • Foundation: Concrete Block
Heating and Cooling
  • Natural Gas
  • Forced Air
  • None
Basement Information
  • Unfinished
  • Crawl Space
Exterior Features
  • Roof: Shingle
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 8
  • Gravel
Stories
  • 2
Living Area
  • 2,000 sqft
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Oct 29, 2024
Price Changed
$699,999
-7%
-50,000
Sep 06, 2024
Original Price
$749,999
-
-
Disclaimer: Copyright 2024 ITSO. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/21/24 03:46

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