
1178 4th Avenue
Owen Sound, ON
- 5 bed
- 4 bath
- approx. 3500-5000 sqft
- Detached
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.
Listing Details
- Taxes (2026)
- $9,901
- Listed
- August 7, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Construction
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Storage, Water Heater Owned
- Lot Size
- 122 x 175 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 20
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- 4th Ave. W & 11th St. B W
- Parcel Number
- 370520020
- Possession
- Immediate
- Occupancy
- Vacant
Schools
Secondary
- Owen Sound District Secondary School Secondary School0.8 km
Public · Bluewater DSB · 1285 students
Grade 10 literacy: 81% met the provincial standard
- St Mary's High School1.3 km
Catholic · Bruce-Grey CDSB · 1035 students
Grade 10 literacy: 80% met the provincial standard
- École secondaire catholique Saint-Dominique-Savio2.1 km
French Catholic · Conseil scolaire catholique Providence
Elementary
- Hillcrest Elementary School0.9 km
Public · Bluewater DSB · 480 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 22% met the provincial standard
- St Basil's Separate School1.1 km
Catholic · Bruce-Grey CDSB · 315 students
- Alexandra Community School1.7 km
Public · Bluewater DSB · 315 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 23% 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.
Listed by
RE/MAX Grey Bruce Realty Inc.
Walk Score
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Location
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Mortgage Calculator
$149,980
Estimated Monthly Payment
$3,684
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: $3,684/mo (20% down, 5.5%)
Taxes: $825/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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