Property Information:

Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units. Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience. Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment. Building gross revenue (rent + coin laundry) $94,616.75. (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Type: Full
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Heating Type: Forced air, Radiant heat
Heating Fuel: Natural gas
Cooling Type: Wall unit

Property Features:

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 5
Half Bathrooms: 1
Amenities Nearby: Golf Nearby, Park, Public Transit
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 100 Feet
Lot Frontage: 85 Feet
Lot Size: 85 x 100 FT
Structure Type: Porch
Surface Water:
Utility Type: Sewer - Installed, Hydro - Installed
View Type: City view
Zoning: C1
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 10

Courtesy of: Keller Williams Realty Centres

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Demographic Information of 900 2ND AVENUE W, Owen Sound, Ontario, N4K 4M5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$92,018.09

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

4.88 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.1 %

University Degree

16.82 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

0.03 %

By Walking

12.32 %

By Bicycle

0.03 %

By Other Methods

8.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.57 %

Houses

43.43 %

900 2ND AVENUE W, Owen Sound, Ontario, N4K 4M5