A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 960 9th Ave, Owen Sound Ontario N4K 3E7
8 days on Market

960 9th Ave, Owen Sound, Ontario N4K 3E7

Townhouse
2 + 1
2
- sqft
$749,000
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Townhouse
2 + 1
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,217/mo

Tax Amount (2024)$4,584/yr

Days On Market8 days


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.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size21,840 SqFt(104 x 210)
Parking Spaces8
MLS ®NumberX11935364
Community NameOwen Sound
Data SourceTRREB
Listing byKONFIDIS

Features

Heating: Forced Air
Basement: Unfinished, Walk-Up

Main Floor

Kitchen

2.90 x 5.50

Kitchen

1.90 x 7.40

Living

4.00 x 4.90

Living

4.30 x 6.90


Features

Lot size: 21,840 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by KONFIDIS, Brokerage
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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%

Schools and amenities

Estimated Budget