Becky Hunt

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1700 3RD AVENUE E, Owen Sound, Ontario

$375,000

5 Beds
4 Baths

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. (id:56241)

Listing ID: X13452260
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Dining room	Second level	3.79 m x 3.18 m
Kitchen	Second level	3.8 m x 3.33 m
Bedroom	Second level	3.03 m x 2.57 m
Bathroom	Second level	1.69 m x 1.38 m
Bedroom	Second level	3.49 m x 1.69 m
Bedroom	Second level	4.1 m x 2.84 m
Living room	Second level	6.03 m x 2.58 m
Bathroom	Second level	2.63 m x 1.57 m
Bathroom	Basement	2.17 m x 2.11 m
Family room	Basement	7.92 m x 4.38 m
Foyer	Main level	1.45 m x 1.2 m
Living room	Main level	4.51 m x 2.99 m
Bathroom	Main level	3.85 m x 1.32 m
Kitchen	Main level	3.79 m x 3.6 m
Primary Bedroom	Main level	4.76 m x 3.6 m
Bedroom	Main level	3.94 m x 2.89 m

Details

Equipment: Water Heater, Furnace
Features: Irregular lot size
Parking Spaces: 4
Rental Equipment: Water Heater, Furnace
Transaction: For sale
Zoning Description: MC

Building

BasementType: Full
Basement Features: Walk out
Bedrooms Main Level: 5
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 67 ft ,2 in
Size Irregular: 67.2 x 105 FT

Listing provided by Century 21 Millennium Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1700 3RD AVENUE E in Owen Sound Ontario. It was last modified on June 16th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Owen Sound homes for sale.

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