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1178 4th Avenue

1178 4th Avenue

Owen Sound, ON

  • 5 bed
  • 2 bath
  • 4,600 sqft
  • Investment
$749,900

Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable areas, this unique property offers over 4,600 sq. ft. of finished above-grade space along with exceptional flexibility for future use. The main building features impressive ceiling heights, hardwood flooring, detailed crown moulding, and large windows that provide abundant natural light throughout. Architectural character from a bygone era is evident in the craftsmanship and scale of the interior, complemented by a covered verandah, widow's walk, and attached carport. Zoned R5, the property allows for a wide range of permitted uses, including multi-residential development, professional office space, or conversion to a bed and breakfast, the opportunities are endless. The layout and scale also lend themselves well to a large single-family residence or adaptive re-use project. The site offers a large paved parking area with three separate street access points, providing ideal access for commercial or multi-unit use. In addition, a detached two-storey brick coach house presents further potential for redevelopment, storage, or additional finished space. The basement of the main property provides additional utility space suitable for storage or future development. The property is serviced with hot water radiant heating via a gas boiler system and ductless mini-split air conditioning units for year-round comfort. A rare offering combining size, layout, and historic character in a central and established location, presenting a strong opportunity for redevelopment or restoration.

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Listing Details

Taxes (2026)
$9,901
Listed
August 7, 2026

Price History

Listing history

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Property

Lot Size
122 x 175 Feet

Parking

Garage
Double Detached

Utilities

Heat Source
Gas

Location & Legal

Cross Street
4th Ave. W & 11th St. B W
Zoning
R5
Parcel Number
370520020
Possession
Flexible
Occupancy
Vacant

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

Commercial in Owen Sound · last 12 months

Median sold price
$445,000
Homes sold
275
Median days on market
33
Sale-to-list price
96.2%

Based on 275 recorded sales of commercial properties in Owen Sound over the last 12 months.

Listed by

RE/MAX Grey Bruce Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,600 sq ft
Price per sq ft
$163.02
Annual property tax
$9,901
Tax per sq ft
$2.15

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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