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.
PT LT 5 W/S GARAFRAXA ST AND N/S UNION ST PL OWEN SOUND AS IN R502127 T/W R502127; OWEN SOUND
Possession Date
Flexible
Taxes (2023)
$4,411.85
Directions/Cross Streets
9th Ave E / 10th St E
Neighbourhood
Owen Sound
Area
Grey County
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
W
Property Features
Hospital, Lake/Pond, Public Transit, School Bus Route, Wooded/Treed
Special Designations
Other
Bedrooms
3
Bathrooms
2
Rooms
9
Kitchens
2
Lot
210 x 104 ft
Exterior
Brick, Vinyl Siding
Air Conditioning
None
Family Room
Y
Fireplace/Stove
N
Pool
None
Basement
Unfinished, Walk-Up
Drive
Available
Garage Spaces
0.0
Garage Type
None
Parking Spaces
8
Total Parking Spaces
8.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
Zoning
R5 14.29
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main
2.9 m x 5.5 m(9.51 ft x 18.04 ft)
Kitchen
Main
1.9 m x 7.4 m(6.23 ft x 24.28 ft)
Living
Main
4 m x 4.9 m(13.12 ft x 16.08 ft)
Living
Main
4.3 m x 6.9 m(14.11 ft x 22.64 ft)
Br
2nd
4 m x 3.8 m(13.12 ft x 12.47 ft)
2nd Br
2nd
2.6 m x 4.3 m(8.53 ft x 14.11 ft)
3rd Br
2nd
2.6 m x 4.3 m(8.53 ft x 14.11 ft)
Bathrooms
Pieces
Level
4
2nd
4
Main
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