For Sale

844 2nd Avenue, Owen Sound, Ontario N4K 2H3

$1,670,000

844 2nd Avenue, Owen Sound, Ontario N4K 2H3 is For Sale and has a listing price of 1,670,000. The property is located in the Owen Sound neighbourhood . It's been on the website for 10 Days.

  • 8
    Bathrooms
  • MLS ID: X12211237
  • Office Name COMFREE
Property Description

8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. All 6 apartments are vacant upon possession so you can set your own rate and pick your own tenants or use the space yourself. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months.

Property Details
  • MLS ID: X12211237
  • Bathrooms: 8
  • Price: $1,670,000
  • Lot Depth: 160.8
  • Transaction Types: For Sale
  • Ref ID: X12211237
  • Year Built: N/A
  • Dir / Cross St: 2nd Avenue East & 8th Street East
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
06/10/2025 X12211237 $1,670,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Owen Sound
  • $611,244 Average List Price
    based on 1 year
  • 7 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 93.06 % Up
  • Sold (12mo) 94
  • Rented (12mo) 13

  • 1 Month Change -25.0%
  • 3 Month Change -40.9%
  • 6 Month Change -12.4%
Walkscore
  • 86 Walk Score
    Very Walkable
  • 64 Bike Score
    Bikeable
Additional Details
  • Heat Type Water Radiators
  • Washroom Type1: 8
  • Garage Type Outside/surface
  • Parking Spaces: 4
  • Taxes: $9,830
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Anytime
  • Listing Entry Date: 10/06/2025 22:12:34
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