9 days on Market

708 16th St, Owen Sound, Ontario N4K 1Y9

Other
-
3
~2640.86 sqft
$649,000
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Other
-
3
~2640.86 sqft

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Highlights

Property Estimate

Days on market9 days

Estimated valueNot available

Price/Sqft$245/sqft

Monthly cost

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Description

Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.


Property Details

StyleOffice
View-
Age of property-
SqFt~2640.86 SqFt
Lot Size9,593 SqFt(105.13 x 91.25)
Parking Spaces13
MLS ®NumberX13126094
Community NameOwen Sound
Data SourceTRREB
Listing byeXp Realty

Features

Heating: Gas Forced Air Closd
Cooling: Y

Features

Lot size: 9,593 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 13


Property listed by eXp Realty, Brokerage
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Market Data - Owen Sound

Geo Zone Map ThumbnailOwen Sound

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

59 days

Compared to

2025

41 days

2024

40 days

2023

45 days

New Listings

Past 30 days

55 listings

Compared to

2025

57 listings

2024

44 listings

2023

45 listings

Units sold

Past 30 days

15 units

Compared to

2025

27 units

2024

32 units

2023

23 units

Median Sold Price

Past 30 days

$525,000

Compared to

2025

$457,500

2024

$505,000

2023

$470,000


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