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.
EXCEPTIONAL DOWNTOWN BUILDING for SALE. Incredible opportunity. Prime main street River District location 958 2nd Ave E. 51' frontage, expansive windows. High visibility. main floor 6000 sq ft spacious open-concept retail area. Back receiving area, basement access with conveyor belt. Huge lower level appox 5000 sq ft for storage. additional office and work space. Amazing about hundred feet long. Separately deeded riverside lot with 5 parking spaces included. Second floor, private entrance, wide solid stairs. 4000 sq ft. open & wide, eleven ft ceilings. Three windowed modular offices, meeting room & washroom. Owners business has outgrown building. Previously Peoples, Big V, Shoppers. Owned since 2009 extensive upgrades & renovations overseen by Steve Davis Contracting, including: roof, three rooftop HVAC units, insulation, Benedict electrical updates, first & second floors. Modernized building, generous square footage in desirable Owen Sound commercial area, with access from both 2nd Avenue East Main Street and 1st Avenue East. Shown by appointment only. Contact your realtor. Also includes PIN 370740537 ARN 425904003001301
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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$6,764/mo
Mortgage (principal + interest)$5,421
Property taxFrom listing: $16,125/yr$1,344
Minimum $119,900 down for this price; the slider moves in whole percent, starting at 9%. 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$289,800
Ontario land transfer taxProvincial brackets, no first-time refund$25,455
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$318,055
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
