1700 3rd Avenue
Owen Sound, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Duplex
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 with MC zoning the possibilities are interesting. 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 Details
- Taxes (2026)
- $2,645
- Originally Listed
- $375,000
- Listed
- June 15, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- None
- Lot Size
- 67.24 x 105 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- 3rd Ave E & 17th St E
- Zoning
- MC
- Parcel Number
- 370540045
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Rental Items
- Furnace & Hot Water Heater
Schools
Secondary
- St Mary's High School0.4 km
Catholic · Bruce-Grey CDSB · 1035 students
Grade 10 literacy: 80% met the provincial standard
- École secondaire catholique Saint-Dominique-Savio1.6 km
French Catholic · Conseil scolaire catholique Providence
- Owen Sound District Secondary School Secondary School2.2 km
Public · Bluewater DSB · 1285 students
Grade 10 literacy: 81% met the provincial standard
Elementary
- Alexandra Community School0.7 km
Public · Bluewater DSB · 315 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 23% met the provincial standard
- École élémentaire catholique St-Dominique-Savio1.6 km
French Catholic · Conseil scolaire catholique Providence · 175 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 40% met the provincial standard
- Notre Dame Catholic School1.7 km
Catholic · Bruce-Grey CDSB · 570 students
Grade 3 reading: 69% met the provincial standard · Grade 6 math: 55% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N4K
- Population
- 28,975
- Private dwellings
- 13,555
- Median age
- 49.2
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Owen Sound · last 12 months
- Median sold price
- $445,000
- Homes sold
- 277
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 277 recorded sales of residential freehold properties in Owen Sound over the last 12 months.
Rooms
3-piece, 2 × 4-piece, 5-piece
Second
- Bathroom5'7" x 4'6"
- Bathroom8'8" x 5'2"
- Bedroom11'5" x 5'7"
- Bedroom9'11" x 8'5"
- Bedroom13'5" x 9'4"
- Dining Room12'5" x 10'5"
- Kitchen12'6" x 10'11"
- Living Room19'9" x 8'6"
Main
- Bathroom12'8" x 4'4"
- Bedroom12'11" x 9'6"
- Foyer4'9" x 3'11"
- Kitchen12'5" x 11'10"
- Living Room14'10" x 9'10"
- Primary Bedroom15'7" x 11'10"
Basement
- Bathroom7'1" x 6'11"
- Family Room26' x 14'4"
Listed by
Century 21 Millennium Inc.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$65,000
Estimated Monthly Payment
$1,597
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,597/mo (20% down, 5.5%)
Taxes: $220/mo · Insurance: $81/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
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Reita is an automated assistant, not a licensed real estate agent. This listing mentions 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 with MC zoning the possibilities are interesting.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?