516 4th Avenue E, Owen Sound, ON N4K 2N2
Owen Sound · Near 5th St E & 4th Ave E · View map
About this home
Full of charm, character, and investment potential, this solid red brick 2.5-storey home offers over 2,000 square feet of living space and is currently tenanted and operating as a duplex, with two separate living areas. The main floor features a spacious living room, full kitchen, and a bedroom or office space. Upstairs, you'll find three additional bedrooms, a 3-piece bathroom, and a second kitchen, providing a separate living space. The finished attic/loft offers additional flexibility for storage, a home office, bedrooms or creative space. With two separate entrances and a layout suited to multi-unit living, this property presents an excellent opportunity for investors looking to add to their portfolio. Outside, enjoy a private backyard, large deck, classic covered front porch, and driveway parking for up to three vehicles. Located in a mature neighbourhood close to schools, shopping, public transit, and downtown amenities, this property combines timeless character with the potential of an income-generating investment.
The home
- Type
- Duplex
- Style
- 2 1/2 Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 5
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 12
- Basement
- Apartment, Separate Entrance
- Lot size
- 35 x 103 ft
- Faces
- West
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air, Wall Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Mutual
Taxes & other
- Property taxes
- $3,964/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Tenanted
- Cross street
- 5th St E & 4th Ave E
- Neighbourhood
- Owen Sound
More
- Price per sq ft
- ~$222 (at 2,250 sq ft)
- MLS® number
- X14111342
No matching details. Ask Will instead
The home and its surroundings
- Separate Hydro Meter
- Water Heater
- In-Law Capability
- In-Law Suite
- Deck
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
516 4th Avenue, Owen Sound, ON N4K 2N2
Owen Sound · Near 5th St E & 4th Ave E
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 516 4th Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 516 4th Avenue E
Answers come straight from this home’s MLS® listing.
How much is 516 4th Avenue E listed for, and what would it cost each month?
516 4th Avenue E is listed for $499,999. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,347 a month, all in. That figure is an illustration, not a quote.
Is 516 4th Avenue E freehold or a condo, and is there a monthly fee?
516 4th Avenue E is a duplex in Owen Sound. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 516 4th Avenue E have?
516 4th Avenue E has 5 bedrooms and 2 bathrooms. The listing gives the style as 2 1/2 storey.
Does 516 4th Avenue E have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 516 4th Avenue E have a finished basement?
The listing describes the basement as apartment, separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 516 4th Avenue E?
516 4th Avenue E is a duplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 516 4th Avenue E, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35 x 103 ft.
How is 516 4th Avenue E heated and cooled?
Heating is forced air (gas). Cooling is central air, wall unit(s).
What are the property taxes for 516 4th Avenue E?
Property taxes are $3,964 a year (2025), or about $330 a month.
Where is 516 4th Avenue E?
516 4th Avenue E is in Owen Sound. The nearest main intersection is 5th St E & 4th Ave E. The postal code is N4K 2N2.
Is 516 4th Avenue E still for sale?
Yes. It is an active listing (MLS® X14111342). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 516 4th Avenue E asking?
Similar properties for sale nearby right now include 1100 4th Avenue E at $419,900 (4 bed), 737 4th Avenue E at $575,000 (3 bed) and 1082 8th Street E at $549,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 516 4th Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 516 4th Avenue E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Owen Sound, picked by style, size and price.
Duplex$419,9001100 4th Avenue E, Owen Sound4 bed · 2 bath · Owen SoundCourtesy of: Sutton-Sound RealtyView home →
Duplex$575,000737 4th Avenue E, Owen Sound3 bed · 3 bath · Owen SoundCourtesy of: Royal LePage Locations NorthView home →
Duplex$549,0001082 8th Street E, Owen Sound5 bed · 3 bath · Owen SoundCourtesy of: Ron Hopper Real Estate Ltd.View home →Courtesy of: RE/MAX Grey Bruce Realty Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.