Home with brick exterior material, street for 1379 3rd Ave, Owen Sound Ontario N4K 2L8
29 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

Property Estimate

Days on market29 days

Estimated valueNot available

Price/Sqft$232/sqft

Monthly cost

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Description

NOW OFFERING VACANT POSSESSION ON THE MAIN FLOOR. PICK YOUR OWN TENANT, SET YOUR OWN RENTAL RATE. Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with an annual rental income of $40,000 last year. 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
29 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

19 days

Compared to

2024

13 days

2023

27 days

2022

18 days

New Listings

Past 30 days

8 listings

Compared to

2024

1 listing

2023

7 listings

2022

2 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$460,000

Compared to

2024

$573,000

2023

$374,000

2022

$555,450


Population and Demographics

Overview

Total population 19772
Average household income $97,720

Age (%)

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

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