LOT 9 + 10 16TH STREET E, Owen Sound

$20,000,000

For sale: Other

Other at LOT 9 + 10 16TH STREET E, Owen Sound
Property type
Commercial Retail
MLS®
MLS® X13533752
Neighbourhood
Owen Sound

BIG BOX RETAIL AND HIGH DENSITY RESIDENTIAL DEVELOPMENT SITE. TRUNKLINE WATER AND SEWERS EXTENDED ACROSS REAR AND SIDES OF PROPERTY. 120 RESIDENTIAL CONDO"S TO BE BUILT ACROSS THE STREET WITH NEW SIGNALIZED TRAFFIC LIGHTS. PROPOSED ZONING IN OFFICIAL PLAN " EAST CITY COMMERCIAL " WHICH INCLUDES HIGH DENSITY RESIDENTIAL AND BIG BOX RETAIL DEVELOPMENT. CURRENTLY ZONED 8 ACRES C2-1 COMMERCIAL AND 25 ACRES M2-1 INDUSTRIAL. OVER 800 FEET FRONTAGE ON 16TH STREET (HWY 26) AND 800 FEET FRONTAGE ON AN UNOPENED ROAD IN INDUSTRIAL PARK. ACROSS THE ROAD FROM NEW FRESHCO GROCERY STORE. NEW UHAUL MOVING AND STORAGE BEING BUILT ADJACENT TO PROPERTY. BESIDE VAN DOLDER HOME IMPROVEMENT. ACROSS THE STREET FROM WALMART, HOMEDEPOT, WINNERS, HOMESENSE, PRINCESS AUTO, MICHAELS, BURGER KING, ETC. NUMEROUS RESIDENTIAL SUBDIVISIONS BEING BUILT IN THIS AREA INCLUDING A NEW CATHOLIC SCHOOL FOR 1200 STUDENTS. DETAILED PROPERTY INFORMATION LOCATED IN THE ATTACHMENTS.

Sold data

Homes in Owen Sound — recent sold market

Homes in Owen Sound took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, across 75 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.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 $449,000.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 4% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$449,000
Sale-to-list ratio
96.5%
Sold above asking
4%

Based on 75 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

Schools in Owen Sound

Owen Sound has 8 Fraser Institute–rated schools (6 elementary and 2 secondary), averaging 4.8/10.

Rated schools
8
Elementary
6
Secondary
2
Average rating
4.8 / 10

Top-rated schools in Owen Sound

  • Owen Sound — secondaryFraser rating 6.5/10
  • Keppel-Sarawak — elementaryFraser rating 6.2/10
  • St. Mary's — secondaryFraser rating 5.8/10
  • East Ridge — elementaryFraser rating 5.3/10
  • Alexandra — elementaryFraser rating 4.2/10
  • Notre Dame — elementaryFraser rating 4.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near LOT 9 + 10 16TH STREET E