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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Ideally located in Owen Sound's sought-after Downtown River District, this versatile commercial property offers an excellent opportunity for both owner-users and investors. The property is currently occupied on a month-to-month basis, providing flexibility, and the existing café tenant has expressed interest in remaining, offering potential continuity of income. The building features two main Street entrances, allowing for the possibility of separating the space for multiple users or mixed-use configurations. The current layout includes a separate office component with its own main Street entrance, consisting of three offices, a large meeting room, washroom, and storage area. (See attached Floor Plans - measurements are approximate.) The café portion offers seating for approximately 24-30 patrons, two washrooms, an abundance of storage, and a large open rear area that includes three additional offices, providing flexibility for expansion or alternative uses. Additional features include two rear accesses to 1st Avenue East, parking for four vehicles, and a loading dock, enhancing functionality for retail, food service, or service-oriented operations. Note: This property is being sold in conjunction with 1024 2nd Avenue East, presenting a rare opportunity to acquire a significant presence in one of Owen Sound's premier downtown commercial locations.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,637/mo
Mortgage (principal + interest)$1,870
Property taxFrom listing: $9,202/yr$767
Minimum $24,995 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$99,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$109,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Owen Sound has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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