$549,000
For sale: Detached

This red brick 2.5 story century home with timeless character is located in one of Owen Sound's most walkable locations, just across the street from Sydenham River and Mill Dam. Perfectly positioned on 2th Street E, this solid built home is just minutes from Harrison Park, downtown shops, coffee spots, and the market. With 6 min walk to Mill Dam, enjoy easy time outdoors any time of year. In the fall, it's also a popular spot to watch the salmon run. The property is a Legal Duplex, zoned Commercial and allows for a multitude of uses. Unit 1 (two bedrooms) is vacant and unit 2 (4 bedrooms)is currently rented at Market Rate of $2,400/month, the new owner may continue to enjoy AAA+ tenants already in place. Two sets of Laundries are installed in the basement. The laundry set for the upstairs unit is equipped with a controller that accepts both coins and digital payments. Two separate hydro meters. Please check the list of recent property capital improvements and upgrades; Floor plans with room dimensions are also attached to the listing. There is an ample parking for 4 cars available at the back of the house and a private spacious backyard. Numerous parking spots are at the street.
Sold data
Detached homes in Owen Sound took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 57, across 51 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $479,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 51 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Owen Sound has 8 Fraser Institute–rated schools (6 elementary and 2 secondary), averaging 4.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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