960 9th AVE E Active

Owen Sound,ON N4K 3E7

$ 699999

3 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9301720

Style 2-Storey

Bedrooms 3

Annual Tax Amount $4,411

Tax Year 2023

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

Area Owen Sound

Rooms

Family Room Yes

Basement Walk-Up,Unfinished

Kitchen 2

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Available

Garage Spaces 8.0

Pool None

Waterfront No

Roof Type Shingles

Total Parking Spaces 8

Building

Unit Features Lake/Pond,Public Transit,School Bus Route,Wooded/Treed,Hospital

Foundation Not Applicable

View More
Favorite Go Tour