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

3 Bedroom2 Bathroom
Forced Air

$749,999

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:48745)

Property Details

MLS® Number X9301720
Property TypeSingle Family
Community NameOwen Sound
AmenitiesNearByPublic Transit, Hospital
CommunityFeaturesSchool Bus
FeaturesWooded Area
ParkingSpaceTotal8

Building

BathroomTotal2
BedroomsAboveGround3
BedroomsTotal3
AmenitiesSeparate Electricity Meters
AppliancesDryer, Freezer, Range, Refrigerator, Stove, Washer
BasementDevelopmentUnfinished
BasementFeaturesWalk-up
BasementTypeN/a (unfinished)
ExteriorFinishBrick, Vinyl Siding
HeatingFuelNatural Gas
HeatingTypeForced Air
StoriesTotal2
TypeDuplex
UtilityWaterMunicipal Water

Land

AcreageNo
LandAmenitiesPublic Transit, Hospital
SewerSanitary Sewer
SizeDepth104 Ft
SizeFrontage210 Ft
SizeIrregular210 X 104 Ft
SizeTotalText210 X 104 Ft
SurfaceWaterLake/pond
ZoningDescriptionR5 14.29

Rooms

LevelTypeDimensions
Second LevelBedroom4 m x 3.8 m
Second LevelBedroom 22.6 m x 4.3 m
Second LevelBedroom 32.6 m x 4.3 m
Main LevelKitchen2.9 m x 5.5 m
Main LevelKitchen1.9 m x 7.4 m
Main LevelLiving Room4 m x 4.9 m
Main LevelLiving Room4.3 m x 6.9 m

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

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