960 9TH AVENUE E, Owen Sound, Ontario N4K 3E7
$699,999.00
- 3 bedrooms
- 2 bathrooms
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 ... read more
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. (id:25417)
Price reduced $50,000 (6.67%) from the list price.
- Listing ID: X9301720
- Property Type: Single Family
Property | |
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Lot Size: | 210 by 104 FT |
Parking: | 8 Spaces |
Building | |
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Type: | Single Family Duplex |
Appliances: | Freezer, Range, Refrigerator, Stove, Washer and Dryer |
HVAC: | Fireplace and Forced Air Natural Gas |
Exterior: | Brick and Vinyl Siding |
Basement: | N/A (Unfinished) |
Utilities: | Sanitary Sewer |
Location | |
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City: | Owen Sound |
Province: | Ontario |
Nearby Amenities: | Hospital, Public Transit and School Bus |
Rooms | Level | Dimensions |
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Bedroom | Second level | 4 m x 3.8 m |
Bedroom 2 | Second level | 2.6 m x 4.3 m |
Bedroom 3 | Second level | 2.6 m x 4.3 m |
Kitchen | Main level | 2.9 m x 5.5 m |
Kitchen | Main level | 1.9 m x 7.4 m |
Living room | Main level | 4 m x 4.9 m |
Living room | Main level | 4.3 m x 6.9 m |
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