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1178 4th Avenue

1178 4th Avenue

Owen Sound, ON

  • 5 bed
  • 4 bath
  • approx. 3500-5000 sqft
  • Detached
$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.

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

Walk Score is unavailable for this address right now.

Mortgage Calculator

$149,980

Estimated Monthly Payment

$3,684

Land transfer tax

Estimated land transfer tax$11,473

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.

R

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