708 16Th Street
Owen Sound, Owen Sound, N4K 1Y9
FOR SALE
$649,000
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1
BEDROOMS 3
BATHROOMS 2
KITCHENS 16
ROOMS X13126090
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Property Description
Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.
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Property Features
Accessory Apartment, Carpet Free, Separate Heating Controls, Separate Hydro Meter
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Property Details
Address
708 16Th Street
Community
City
Postal Code
N4K 1Y9
Property Type
Detached, Detached
Zoning
C3
Lot Size
91' x 105'
Taxes
$11,695 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
13
Garage Type
None
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Listing contracted with Exp Realty
Updated West Side home on a large 56' x 197' in-town lot, close to OSDSS and Hillcrest School. A hidden gem for shop and hobby enthusiasts, featuring an oversized 24' x 36' detached two-bay garage with workshop space, new 100-amp hydro service, gas hookup, a carport attached to the house, and plenty of parking for vehicles, trailers, or toys. The home offers 2 large bedrooms (with potential for a 3rd in the fully finished basement), 2 bathrooms, and numerous upgrades including new flooring, updated windows, and 200-amp hydro service. Move-in ready with room to work, play, and grow. (Annual: Hydro $1224, Water/Sewer $1238, Nat.Gas $1160)
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New plumbing! One floor living! Amazing area! Welcome to this affordable Owen Sound bungalow, where low maintenance functionality meets total peace of mind on the city's highly desirable west side. Ideal for first time buyers or retirees looking to downsize, this home features a bright and fluid open concept kitchen and dining space designed for easy daily living and effortless hosting. The 2024 interior overhaul introduced a brand new kitchen with crisp quartz countertops, a main floor bathroom, as well as a completely reimagined laundry room, which serves as a clean, organized entry point directly from the attached garage. Steps from the dining room, doors open directly to a brand new 2025 deck that overlooks a manicured, private yard. This fully fenced backyard serves as a quiet escape for weekend gatherings, children, or pets. While the main level delivers convenient one floor living, the fully finished lower level adds incredible versatility with a spacious family room and a comfortable third bedroom. Exceptional utility is built right into the home with a clever walk up from the basement directly into the garage, while a durable new roof installed in 2023 provides long term mechanical reassurance and all kitec plumbing replaced in 2026. Situated just moments from Kelso Beach, the popular waterfront walking trails, and the scenic shores of Georgian Bay, this property connects you directly to the best of the region. Enjoy quick access to local schools, parks, and the vibrant downtown core of Owen Sound from a polished, move in ready home.
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