1522-26 3RD Avenue, Owen Sound, ON

$350,000
MLS#:X12192539
6 beds
3 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] triplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 47.23 x 172.29 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Storage, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Investor alert: Fully legal triplex in central Owen Sound with three 2-bedroom, 1-bathroom units, each with its own separate entrance, hydro meter, and basement. Solid income-producing asset with stabilized rents, low operating costs, and strong tenant demand in a growing rental market. Located in a high-demand rental pocket with proximity to transit, amenities, and the downtown core. Finish the third-storey attic space for additional rentable square footage and improved cash flow. BONUS: The tenanted single-family home next door at 1544 3rd Ave E is also available - purchase both to own side-by-side income properties with future development or consolidation potential. Whether you're expanding your portfolio or looking for a reliable asset with upside, this property delivers cash flow, location, and long-term stability.

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
3
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 26, 2025
Sold price information is available to members only
Listed Date6/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick
Lot Size47.23 × 172.29 Feet
CountyGrey County
Annual Tax$3,456
Legal DescriptionPT LT 29 W/S BAY ST PL OWEN SOUND AS IN R315789; S/T R315789; OWEN SOUND

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Public Transit, School, School Bus Route, Park, Hospital

Community Features

Location

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1522-26 3RD Avenue, Owen Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1522-26 3RD Avenue E, Owen Sound, ON N4K 2L9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$280,000
Monthly Mortgage$1,627
Property Tax (Est.)$288
Utilities & Maint.$350
Total Monthly Cost$2,265

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Owen Sound.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$521,217

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Alexandra
Public1556 8th Avenue East, Owen Sound, Ontario, N4K 3B6
4.2
Hillcrest
Public501 8th Street West, Owen Sound, Ontario, N4K 3M8
3.2
East Ridge
Public1550 8th Street East, Owen Sound, Ontario, N4K 5R4
5.3
St-Dominique-Savio
Public800 23rd Street East, Owen Sound, Ontario, N4K 6Z5
3.2
Keppel-Sarawak
Public937 24th Street West, Owen Sound, Ontario, N4K 5N4
6.2

Secondary Schools

St. Mary’s
Catholic555 15th Street East, Owen Sound, Ontario, N4K 1X2
5.8
Owen Sound
Public750 9th Street West, Owen Sound, Ontario, N4K 3P6
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.