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1700 3RD AVENUE E, OWEN SOUND
2026-06-17
Quick Summary
- Location
- 1700 3RD AVENUE E, OWEN SOUND, Ontario N4K2L9
- Price
- $375,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 1500 - 2000 sqft
- Bedrooms:
- 5
- Bathrooms:
- 4
- Garages:
- 4
MLS®#X13452260
Property Description
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:32467)
Property Features
Building
- Basement Features: Walk out
- Basement Type: Full
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Duplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Irregular lot size
Land
- Land Size: 67.2 x 105 FT
- Sewer: Sanitary sewer
Zoning
- Description: MC
Information entered by Century 21 Millennium Inc.
Listing information last updated on: 2026-07-03 15:00:26
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Jon Batten REALTOR®
- Phone:
- 7052039164
- Email:
- jon@onepercentrealty.com
- Support Area:
- Grey-Bruce, Simcoe, Caledon, Muskoka, Northern Ontario, Dufferin, Owen Sound
With over five years of dedicated experience in real estate investment, I am thrilled to embark on m ...
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