516 4th Avenue, Owen Sound, ON

$399,999
MLS#:X12287940
6 beds
2 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] duplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,999 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 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 35 x 103 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Water Heater, In-Law Capability
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This solid red brick 2.5-storey home is full of charm, character, and potential. Offering over 2,000 square feet of living space this property is ideally suited for large families, investors, or buyers looking to create a legal duplex. The main floor features a generous living room, separate dining area, full kitchen, and a main-floor bedroom or office space. Upstairs, you'll find three more bedrooms, a 3-piece bathroom and a second kitchen setup hinting at its past use as a duplex. The finished attic/loft on the top floor provides even more flexible space for a home office, studio, or additional bedroom. With two separate entrances, ample square footage, and a layout conducive to multi-unit living; the home offers a great foundation for conversion. Outside; the property includes a private backyard space, large deck and a classic covered front porch. Located in a mature neighbourhood close to schools, shopping, transit, and downtown amenities. Whether you're looking for a spacious single-family home or an investment with income potential; this home delivers space and possibilities.

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 2, 2025
Sold price information is available to members only
Listed Date7/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick
Lot Size35 × 103 Feet
CountyGrey County
Annual Tax$3,839
Legal DescriptionPT LT 30 W/S MURDOCH ST PL OWEN SOUND AS IN R367200; S/T & T/W R367200; OWEN SOUND

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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516 4th Avenue, Owen Sound, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$484,549

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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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 516 4th Avenue E, Owen Sound, ON N4K 2N2

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.

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Financial Audit

Estimated Costs

Loan Amount$319,999.2
Monthly Mortgage$1,859
Property Tax (Est.)$320
Utilities & Maint.$350
Total Monthly Cost$2,529

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.

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.