950-956 & 948 2nd Avenue E, Owen Sound, ON N4K 2H6
Owen Sound · Near 2nd Avenue E & 10th St W · View map
About this home
Prime Mixed-Use Investment Opportunity in Owen Sound's Historic River District! Welcome to an exceptional mixed-use investment opportunity in the heart of Owen Sound's Historic River District. This unique property offers a strong combination of commercial and residential income, featuring three road-front retail spaces and eight residential units.The main level includes three highly visible road-front retail spaces, providing excellent exposure and accessibility. One retail unit is currently occupied by a thriving fine dining establishment, while the second is home to a dry grocery and food store, providing established commercial uses and potential for stable rental income. The third retail space offers an excellent opportunity for an additional tenant or owner-user. Above the commercial spaces are eight residential units, creating a diversified income-producing property with both commercial and residential components. This combination provides investors with multiple revenue streams and the potential to benefit from the continued growth and revitalization of Owen Sound's downtown core. Located in the vibrant Historic River District, the property is within close proximity to shops, restaurants, waterfront attractions, parks, services, and other downtown amenities. Excellent visibility, road frontage, established commercial tenants, and multiple residential units make this an attractive opportunity for investors seeking a well-positioned mixed-use property with significant income potential. Three road-front retail spaces + eight residential units = a rare and versatile income-producing opportunity in downtown Owen Sound.
The home
- Type
- Commercial retail
- Square footage
- 12669 sq ft
- Lot size
- 63.5 x 118.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $25,161/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- 2nd Avenue E & 10th St W
- Neighbourhood
- Owen Sound
More
- MLS® number
- X13763528
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No features listed yet.
- 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.
950-956 & 948 2nd Avenue, Owen Sound, ON N4K 2H6
Owen Sound · Near 2nd Avenue E & 10th St W
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Listing history for 950-956 & 948 2nd Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 950-956 & 948 2nd Avenue E
Answers come straight from this home’s MLS® listing.
How much is 950-956 & 948 2nd Avenue E listed for, and what would it cost each month?
950-956 & 948 2nd Avenue E is listed for $2,100,000. With 20% down ($420,000), the mortgage payment would be roughly $8,471 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,568 a month, all in. That figure is an illustration, not a quote.
Is 950-956 & 948 2nd Avenue E freehold or a condo, and is there a monthly fee?
950-956 & 948 2nd Avenue E is a commercial retail 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.
Does 950-956 & 948 2nd Avenue E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 950-956 & 948 2nd Avenue E?
950-956 & 948 2nd Avenue E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 950-956 & 948 2nd Avenue E, and what is the lot size?
The lot is listed as 63.5 x 118.8 ft.
How is 950-956 & 948 2nd Avenue E heated and cooled?
Heating is electric forced air. Cooling is partial.
What are the property taxes for 950-956 & 948 2nd Avenue E?
Property taxes are $25,161 a year (2025), or about $2,097 a month.
Where is 950-956 & 948 2nd Avenue E?
950-956 & 948 2nd Avenue E is in Owen Sound. The nearest main intersection is 2nd Avenue E & 10th St W. The postal code is N4K 2H6.
Is 950-956 & 948 2nd Avenue E still for sale?
Yes. It is an active listing (MLS® X13763528). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 950-956 & 948 2nd Avenue E asking?
Similar properties for sale nearby right now include Pt Lt 8 17th Street E at $1,999,000, Pt Lot 1 8th Street E at $1,875,000 and 261 9th Street E at $2,395,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 950-956 & 948 2nd 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 950-956 & 948 2nd 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
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Land$1,875,000Pt Lot 1 8th Street E, Owen SoundOwen SoundCourtesy of: Real Broker Ontario LtdView home →
Investment$2,395,000261 9th Street E, Owen SoundOwen SoundCourtesy of: Sotheby's International Realty CanadaView home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
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.