960 9th Ave E

Owen Sound | Owen Sound | N4K 3E7
  • 3
  • 2
  • 0

Ask: $1 $699,999

Est. Mtg $2,373 /mo
  • Days on market

    80

  • Status

    Pc

Listing Broker KONFIDIS
Since listed: 0 views

Home details

MLS #:

X9301720

Property type:
Duplex
Style:
2-Storey
Taxes:
$4,412
Possession:
Flexible
Lot Front:
210.0   Feet
Lot Depth:
104.0   Feet
Basement:
Unfinished | Walk-Up
Driveway Pkg:
8
Heat:
Gas | Forced Air

Description


960 9th Ave E, , Owen Sound, Ontario is a Duplex property in Owen Sound and in the Owen Sound community in the N4K 3E7 postal code


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..

Extras

One of a Kind investment in a top neighbourhood! Spacious duplex, zoned R5 for 16-20 units. Features separate meters, shared laundry, and mature trees. Close to Georgian College, city access, and the hospital; ideal for redevelopment..


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-10 $1 $699,999 Pc X9301720

Comparables

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sold Date Address List Price sold Price DOM
2021-09 774 4th Avenue East Ave E, $499,900 $480,000 27

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Owen Sound :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 960 9th Ave E

Based on available 3rd party data

$2876

Approximate costs per month

Mortgage
$2373 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$367 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Hospital
  • Lake/Pond
  • Public Transit
  • School Bus Route
  • Wooded/Treed
Listing Broker KONFIDIS
Data Source: TRREB

Payment calculator

$2741 monthly. In association with: TD Bank
%
  • Principal and Interest
    2373 /mo
  • Property Taxes
    $367 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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