3 beds · 2 baths · null
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. (id:39198)
Building Type Duplex
Year built
Square Footage
Stories 2
Bedrooms 3
Bathrooms 2
Parking 8
NeighbourhoodOwen Sound
Land size 210 x 104 FT
Heating type Forced air
Basement typeN/A (Unfinished)
Parking Type
Time on REALTOR.ca1 day
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: KONFIDIS
Home price
$1
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
-$180 / month
Rent -$41
Savings -$139
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$0 / month
Rent $0
Savings $0
Initial deposit 5%
Savings target Fixed at 5%