More Photos

×

    For Sale - 1700 3rd Avenue, Owen Sound, Ontario

    Est payment $1,801/mo
    Get pre-qualified
    Views   3
    Time on Jump  20 day

    AI Summary *

    • Affordable duplex with two spacious three-bedroom units and potential for increased income.
    • One unit renovated in 2022 with modern updates and currently rented out.
    • Second unit could be vacant, perfect for renovation or owner-occupancy.
    • Billboard lease provides additional income of approximately $800 per year.
    • Detached barn/workshop offers storage and renovation opportunities, plus a walkout basement.




    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.
    Listing IDX13452260
    Address1700 3rd Avenue
    CityOwen Sound, Ontario
    Price$375,000
    Bed / Bath5 / 4 Full
    Style2-Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement Walk-Out, FullFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
    ASAP

    Wed

    8

    Jul

    Thu

    9

    Jul

    Fri

    10

    Jul

    Sat

    11

    Jul

    Sun

    12

    Jul

    Mon

    13

    Jul

    Tue

    14

    Jul

    Wed

    15

    Jul

    Thu

    16

    Jul

    Fri

    17

    Jul

    Sat

    18

    Jul

    Sun

    19

    Jul

    Mon

    20

    Jul

    Tue

    21

    Jul

    Wed

    22

    Jul

    Thu

    23

    Jul

    Fri

    24

    Jul

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    Wed

    5

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  Century 21 Millennium Inc.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    100 Laclie Street
    Orillia, Ontario.
    3 Beds | 2 Baths
    $629,900
    38 Carriage Lane
    Puslinch, Ontario.
    4 Beds | 4 Baths
    $2,499,000
    156 Goldenwood Crescent
    Markham, Ontario.
    4 Beds | 4 Baths
    $1,200,000
    6 Sherrill Avenue
    Brantford, Ontario.
    6 Beds | 4 Baths
    $1,098,000
    17b Beechwood Drive
    Peterborough, Ontario.
    3 Beds | 2 Baths
    $389,000
    923 Bristol Road
    Mississauga, Ontario.
    5 Beds | 4 Baths
    $1,718,888
    1298 Hilltop Road
    Severn, Ontario.
    2 Beds | 2 Baths
    $269,900
    3 Pembroke Street
    Toronto, Ontario.
    5 Beds | 5 Baths
    $1,980,000
    44 Pearcey Crescent
    Barrie, Ontario.
    3 Beds | 3 Baths
    $499,999
    Loading...
    1700 3rd Avenue
    Owen Sound , Ontario
    5 4 $375,000
    Get more info