Address
1700 3rd Avenue E, Owen Sound, ON
Price
$ 325,000
Property Attributes
- MLS#X13452260
- TypeMulti-Family
- Listing Status Price Change
- CityOwen Sound
- AreaOwen Sound
- NeighbourhoodOwen Sound
- Postal CodeN4K 2L9
- Style2-Storey
- Taxes$ 2645
- Price$ 325,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description
Affordable duplex investment opportunity in Owen Sound with built-in upside potential. Situated on a large in-town lot, this property features two spacious three-bedroom units, a walkout basement with future potential, and a detached barn/workshop building with MC zoning the possibilities are interesting. One unit was extensively renovated in 2022 with updated flooring, kitchen, bathroom, and finishes throughout, while the building's electrical system was also completely updated in 2022. This unit is currently rented at $1,600 per month inclusive.The other three-bedroom unit could be vacant on closing, providing an excellent opportunity for an investor to renovate and set market rent, or for an owner-occupier looking to offset living costs. The unit requires updating, including flooring, kitchen improvements, and some ceiling repairs.A unique feature of this property is the existing billboard lease generating approximately $800 per year in additional income. The detached barn/workshop offers additional storage or workspace but will require renovation and updating. The walkout basement adds another layer of potential for buyers looking to maximize the property's utility and long-term value.With strong income potential, a unit ready for improvement, billboard revenue, and multiple opportunities to add value, this property is well suited for investors, contractors, or buyers looking to build equity through renovations.
| Price History | |
|---|---|
| 6/16/2026 | Listed $375,000 |
| 7/28/2026 | 7$350,000 |
| 9/3/2026 | 5$335,000 |
| 9/22/2026 | 3$325,000 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Architectural Style | 2-Storey |
| Pool Features | None |
| Construction Materials | Brick |
| Heater Type | Forced Air |
| Parking Spaces | 4 |
| Property Subtype | Duplex |
| Tax Year | 2026 |
| Lot Depth | 105.0 |
| County | Grey County |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | West |
| Garage Y/N | No |
| Status | Price Change |
| City | Owen Sound |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 2645.0 |
| Standard Status | Active |
| Occupancy Type | Owner+Tenant |
| Legal Description | PT LT 33 W/S BAY ST,34 W/S BAY ST PL OWEN SOUND PT 1 & 2,16R6582; OWEN SOUND |
Interior Features
| Interior Amenities | None |
|---|---|
| Basement | Walk-Out,Full |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 5 |
| Elevator? | No |
| Total Baths | 4 |
| Bedrooms | 5 |
| Living Area Range | 1500-2000 |
Exterior Features
| Total Parking | 4.0 |
|---|---|
| Garage Type | None |
| Foundation Details | Stone |
| Spa | No |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N4K 2L9
Price
Taxes
Visits
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