This lot in Owen Sound is for sale.

Description

Build the property you've always envisioned on this large vacant lot ideally located on the edge of downtown. Whether you're looking to create a brand new custom home or build your investment portfolio with a purpose-built multi-family rental, this property offers exceptional potential. Zoned R4, the lot permits a variety of allowable uses including single-family and multi-family development. Previously home to a duplex, the site is ready for your next project in a location where inventory remains extremely limited and opportunities like this are becoming increasingly rare. (id:66096)

Property Details

MLS®: X13240474
Property Type: Vacant Land
Zoning: R4
Bathrooms: 0
Lot Size: 52 × 210 ft (10,855 sq ft)
Frontage: 52 ft
Property Tax: $1,665.92/yr
Listed: 153 days ago

Features

Lot Features: Flat site

Services

Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

153d

Owen Sound listings, avg age

91d

List price

$225K

Haho

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Listed by Century 21 Millennium Inc. · MARK BARBOSA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $225,000, about 3.2× the local median household income of $69,500.

Carrying it typically needs a household income of about $43,950 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$225,000

For sale

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Financing

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679 3RD Avenue East, Owen Sound - Vacant Land for Sale