1700 3RD AVENUE E Owen Sound

1700 3RD AVENUE E, Owen Sound, Ontario

$375,000

  • 5 Beds
  • 4 Baths
  • 1,750 Square Feet

Affordable duplex investment opportunity in Owen Sound with built-in upside potential. Situated on a large in-town lot, this property features two spacious three-bedroom units, a walkout basement with future potential, and a detached barn/workshop building.One unit was extensively renovated in 2022 with updated flooring, kitchen, bathroom, and finishes throughout, while the building's electrical system was also completely updated in 2022. This unit is currently rented at $1,600 per month inclusive.The other three-bedroom unit could be vacant on closing, providing an excellent opportunity for an investor to renovate and set market rent, or for an owner-occupier looking to offset living costs. The unit requires updating, including flooring, kitchen improvements, and some ceiling repairs.A unique feature of this property is the existing billboard lease generating approximately $800 per year in additional income. The detached barn/workshop offers additional storage or workspace but will require renovation and updating. The walkout basement adds another layer of potential for buyers looking to maximize the property's utility and long-term value.With strong income potential, a unit ready for improvement, billboard revenue, and multiple opportunities to add value, this property is well suited for investors, contractors, or buyers looking to build equity through renovations. (id:56241)

  • Listing ID: X13452260
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
Second LevelDining Room3.79 m x 3.18 m
Second LevelKitchen3.8 m x 3.33 m
Second LevelBedroom3.03 m x 2.57 m
Second LevelBathroom1.69 m x 1.38 m
Second LevelBedroom3.49 m x 1.69 m
Second LevelBedroom4.1 m x 2.84 m
Second LevelLiving Room6.03 m x 2.58 m
Second LevelBathroom2.63 m x 1.57 m
BasementBathroom2.17 m x 2.11 m
BasementFamily Room7.92 m x 4.38 m
Main LevelFoyer1.45 m x 1.2 m
Main LevelLiving Room4.51 m x 2.99 m
Main LevelBathroom3.85 m x 1.32 m
Main LevelKitchen3.79 m x 3.6 m
Main LevelPrimary Bedroom4.76 m x 3.6 m
Main LevelBedroom3.94 m x 2.89 m

Details

  • Equipment: Water Heater, Furnace
  • Features: Irregular lot size
  • Parking Spaces: 4
  • Rental Equipment: Water Heater, Furnace
  • Transaction: For sale
  • Zoning Description: MC

Building

  • BasementType: Full
  • Basement Features: Walk out
  • Bedrooms Main Level: 5
  • Cooling: None
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Stone
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1500 - 2000 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 67 ft ,2 in
  • Size Irregular: 67.2 x 105 FT

This property for sale is located at 1700 3RD AVENUE E in Owen Sound. It was last modified on June 16th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Owen Sound homes for sale.

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