$89,000
 $478 est/mo Sourced by Back At You

1140 3rd Avenue E,Owen Sound, ON N4K 2L4

Owen Sound, ON N4K 2L4

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Description

TWO PLAYS. ONE DOWNTOWN LOT. $89,000. At 35' x 165', this C1-zoned parcel in the heart of Owen Sound is a small piece of land with some seriously interesting possibilities. PLAY ONE: explore a purpose-built three-storey residential project with up to 6 apartments. PLAY TWO: go mixed-use, commercial at street level with residential above and create the kind of downtown building that generates income from more than one source. Think clinic, wellness, salon, professional office, studio, or boutique retail below, with apartments upstairs. And the timing is interesting: further down 3rd Avenue, two brand new multi-storey residential developments are already reinforcing the infill story along this corridor. Municipal services are available, and a 2021 survey and conceptual site plan are already in hand. You're steps from downtown, the harbour, shops, restaurants and the Bayshore, with an entry price of just $89,000. Build 6 doors. Build mixed-use. Land-bank it and watch what happens around you. There aren't many opportunities to get into the downtown development game for under $100K, and this one already comes with a vision.

Details

MLS #X13730068
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site48
Listing Provided ByKeller Williams Experience Realty | HAILEY MACARTHUR

Features

SQ Feet5,726
ZoningC1
Acreage0.13

Exterior

Community FeaturesMajor Highway, Public Transit

Utilities

UtilitiesYes
SewerSanitary+Storm

Taxes

Tax Annual Amount2136.76
Tax TypeAnnual
Tax Legal DescriptionLT 28 RCP 918 ; T/W & S/T OS44635; OWEN SOUND
Tax Year2026

Area Information

ProvinceON
RegionGrey County
CityOwen Sound
Postal CodeN4K 2L4
AreaOwen Sound
Listing VS Median (in N4K 2L4)
Price:
$89,000
low | high
Med:
$89,000
50% of Average
sqft:
5,726
low | high
Med:
5,726
50% of Average
$ / sqft:
$16
low | high
Med:
$16
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionGrey County
CityOwen Sound
Postal CodeN4K 2L4
AreaOwen Sound
Listing VS Median (in N4K 2L4)
Price:
$89,000
low | high
Med:
$89,000
50% of Average
sqft:
5,726
low | high
Med:
5,726
50% of Average
$ / sqft:
$16
low | high
Med:
$16
50% of Average
On site:
48
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:58:43 PM PDT