1160 2Nd Avenue
Owen Sound, Owen Sound, N4K 4N2
FOR SALE
$549,000
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3
BEDROOMS 2
BATHROOMS 2
KITCHENS 11
ROOMS X13798638
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Property Description
Great duplex in a convenient Owen Sound location. This property features two spacious units, both with renovated kitchens and bathrooms, main level shared laundry. The detached garage provides additional storage and there is parking for 5 cars. Located close to downtown, shopping, restaurants, and other downtown amenities. A great opportunity for an investor or owner-occupier looking for a solid income property.
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Property Features
In-Law Capability, Primary Bedroom - Main Floor
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Property Details
Address
1160 2Nd Avenue
Community
City
Postal Code
N4K 4N2
Property Type
Duplex, Duplex
Zoning
R2
Lot Size
40' x 107'
Acreage
0.1 Feet
Taxes
$2,347 (2025
Basement
Partial Basement, Crawl Space
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Detached
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Listing contracted with Vantage Point Realty Ltd.
Exceptional investment opportunity in the heart of vibrant downtown Owen Sound! This attractive brick century duplex is full of character and just steps from shops, cafés, and the local farmers' market. The bright main floor suite features a spacious one bedroom plus den layout, while the second-floor unit offers two bedrooms plus a den-both with large kitchens and in-suite laundry. With separate hydro meters, and parking for two cars per suite, this property is as practical as it is charming. Extensive updates including shingles, windows, soffit, fascia, eavestroughs, and fresh paint mean it's truly move-in ready. Fully vacant, this duplex offers the rare opportunity to choose your tenants and set rents at current market value-perfect for investors or those looking to live in one unit and rent the other.
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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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Updated East Side Duplex - Vacant & Ready for Your Tenants. Welcome to this recently renovated up-and-down duplex located on the east side of Owen Sound. Offering two spacious 2-bedroom, 1-bathroom units, this property is an excellent opportunity for investors, house hackers, or buyers looking to add a turnkey income property to their portfolio. The main floor features a freshly updated 2-bedroom, 1-bathroom unit with brand-new LVP flooring throughout, a completely renovated bathroom with a tub/shower combination, plenty of natural light from an abundance of windows, and a spacious living room. The upper unit has also been freshly updated and offers 2 bedrooms, 1 bathroom, and the added bonus of a bright second-storey sunroom - a great space to enjoy your morning coffee, create a home office, or simply relax.Both units feature their own in-suite laundry, providing added convenience for tenants. The property is equipped with separate gas and hydro meters for each unit, allowing tenants to pay their own utilities and simplifying ownership. There is also parking for four vehicles, adding further convenience and rental appeal. The building's flat roof membrane was replaced in 2022, providing an important recent capital improvement for the property. With renovations recently completed, the building is completely vacant and ready for you to choose your own tenants and set the rents. Estimated market rent is approximately $1,700 + gas and hydro per unit, representing potential gross rental income of approximately $40,800 annually and an estimated 7% cap rate. A turnkey duplex with fresh updates, separate utilities, in-suite laundry, parking for four, and immediate rental potential - an excellent opportunity to add a renovated income property to your portfolio.
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