Home with brick exterior material, street for 1379 3rd Ave, Owen Sound Ontario N4K 2L8
7 days on Market

1379 3rd Ave, Owen Sound, Ontario N4K 2L8

Townhouse
5
2
~1500-2000 sqft
$398,500
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Townhouse
5
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$232/sqft

Est. Mortgage$1,711/mo

Tax Amount (2024)$2,980/yr

Days On Market7 days


Description

Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size6,336 SqFt(176 x 36)
Parking Spaces5
MLS ®NumberX12218010
Community NameOwen Sound
Data SourceTRREB
Listing byKeller Williams Realty Centres

Features

Heating: Forced Air
Basement: Unfinished

Features

Lot size: 6,336 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jun 13, 2025
ListedActive
$398,500
7 days on market
history photo preview37
Listing by trreb®
Property listed by Keller Williams Realty Centres, Brokerage
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Market Data - Owen Sound

Geo Zone Map ThumbnailOwen Sound

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

77 days

Compared to

2024

48 days

2023

16 days

2022

0 day

New Listings

Past 30 days

8 listings

Compared to

2024

5 listings

2023

2 listings

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$508,000

2023

$449,000


Population and Demographics

Overview

Total population 19772
Average household income $97,720

Age (%)

65 and plus
27%
50 to 64
21%
0 to 19
19%
20 to 34
17%
35 to 49
16%

Household composition (%)

Single family
57%
Single person
40%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%
French
1%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget