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960 9th Avenue E Owen Sound, Ontario N4K 3E7

3 Bedroom 2 Bathroom
Forced Air

$699,999

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:43787)

Property Details

MLS® Number X9301720
Property Type Single Family
Community Name Owen Sound
Amenities Near By Public Transit, Hospital
Community Features School Bus
Features Wooded Area
Parking Space Total 8

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Separate Electricity Meters
Appliances Dryer, Freezer, Range, Refrigerator, Stove, Washer
Basement Development Unfinished
Basement Features Walk-up
Basement Type N/a (unfinished)
Exterior Finish Brick, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Hospital
Sewer Sanitary Sewer
Size Depth 104 Ft
Size Frontage 210 Ft
Size Irregular 210 X 104 Ft
Size Total Text 210 X 104 Ft
Surface Water Lake/pond
Zoning Description R5 14.29

Rooms

Level Type Dimensions
Second Level Bedroom 4 m x 3.8 m
Second Level Bedroom 2 2.6 m x 4.3 m
Second Level Bedroom 3 2.6 m x 4.3 m
Main Level Kitchen 2.9 m x 5.5 m
Main Level Kitchen 1.9 m x 7.4 m
Main Level Living Room 4 m x 4.9 m
Main Level Living Room 4.3 m x 6.9 m

https://www.realtor.ca/real-estate/27371000/960-9th-avenue-e-owen-sound-owen-sound

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