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$ 749,000
Est. payment | /mo
2 Beds
2 Baths
$ 749,000
Est. payment | /mo
2 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Municipality Owen Sound
MLS Listing ID X11935364
Style 2-Storey
Bedrooms 2
Annual Tax Amount $4,584
Tax Year 2024
Property 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 East. 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 metered 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.
Location
Province ON
County Grey County
Community Owen Sound
Area Grey County
Region Owen Sound
City Region Owen Sound
Rooms
Family Room Yes
Basement Walk-Up, Unfinished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 8.0
Pool None
Roof Type Shingles
Lot Frontage 210.0
Lot Depth 104.0
Total Parking Spaces 8
Building
Unit Features Lake/Pond,Public Transit,School Bus Route,Wooded/Treed,Hospital
Foundation Not Applicable
Listed by KONFIDIS