1140 2Nd Avenue
Owen Sound, Owen Sound, N4K 4N2
FOR SALE
$449,000
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3
BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSX13420928
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Property Description
Welcome to 1140 2nd Avenue W, this Victorian red brick duplex offering an great investment opportunity or the perfect canvas to convert back into a grand single-family home. This character-filled property showcases timeless architectural details, including authentic stained-glass windows, original oak pocket doors, and airy 9.5-foot ceilings. The versatile two-unit layout consists of a comfortable one-bedroom, one-bathroom lower apartment with a private walk-out deck, alongside an upper unit with two bedrooms plus a bonus loft area ideal for a home office or media room. Perfectly positioned steps from the scenic Sydenham River, this highly walkable location provides instant access to Owen Sound's vibrant River District shops, artisan dining, and cafés. Enjoy lifestyle-driven living with waterfront trails, Kelso Beach, the Roxy Theatre, the Saturday morning Farmers' Market, and the central transit terminal all right at your doorstep. Rents: Apt 1: $1,200/mo; Apt 2: $1,800/mo.
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Property Features
Arts Centre, Golf, Hospital, Rec./Commun.Centre, School, Public Transit, On Demand Water Heater, Separate Heating Controls, Water Heater Owned, Private, Smoke Detector
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Property Details
Address
1140 2Nd Avenue
Community
City
Postal Code
N4K 4N2
Property Type
Duplex, Duplex
Zoning
R4
Lot Size
41' x 154'
Taxes
$4,813 (2025
Basement
Crawl Space
Exterior
Deck
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Royal Lepage Locations North
Great duplex with a solid income potential. Excellent opportunity for a first time buyer to enter the market and have additional income from the second unit. Two bedroom unit was rented for 1850 per month inclusive and the one bedroom unit was rented for 1600 per month inclusive. Completely renovated in 2021 - all new kitchens, bathrooms, flooring, drywall and roof. New air conditioning in 2024. Main floor offers a large one bedroom unit with 9' ceilings, private laundry, basement storage and private parking at rear of building. Main floor is currently vacant and ready for a tenant or the new owner to move in. . Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Second floor is vacant. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $3807, insurance - $1032(based on when building was fully rented). Rear parking is by deeded right of way to private gravel drive.
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