For Sale: 1140 3rd Avenue E, Owen Sound, ON

About this home

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. (id:63626)

Listed by: HAILEY MACARTHUR, Salesperson, Keller Williams Experience Realty

Home facts and features

Price details

List Price

$89,000

Gross Taxes for 2026

$2,137

Home facts

Bedrooms

Full Bathrooms

Property Type

Land/Lot

Lot Size

35 ft x 165 ft (5775 ft²)

Depth

165 feet

Frontage

35.0 feet

Agent details

Primary Agent

HAILEY MACARTHUR

Primary Broker

Keller Williams Experience Realty

Listing details

Days on REW

1 Day

MLS® Number

X13730068

Source

Canadian Real Estate Association

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Property Insights

Schools nearby

10 Schools are within 2km

St Mary's High School

Catholic
9 - 12

Dufferin Elementary School

Public
JK - 6

Alexandra Community School

Public
JK - 8

Riverforest Montessori School

Private
PS - 6

Bayview Public School

Public
JK - 8

Timothy Christian School

Private
K - 8

Hillcrest Elementary School

Public
JK - 8

Owen Sound District Secondary School

Public
9 - 12

Sydenham Community School

Public
JK - 8

St Basil's School

Catholic
JK - 3

1140 3rd Avenue EOwen Sound, ON, N4K 2L4