$899,900
925 & 927 2ND AVENUE E
Beds
—
Baths
—
Sqft
9,458
Year
—
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Owen Sound. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime Mixed-Use Investment Opportunity! Discover exceptional potential with this well-maintainedcommercial/residential property offering over 9,400 sq. ft. of total space. Located in a high-visibility area,this solid building includes two commercial units (each approx. 2,300 sq. ft.) and four residentialapartments - ideal for investors or owner-operators seeking income stability and flexibility. Eachcommercial unit features gas heat, with Unit #925 boasting a brand-new gas furnace (installed May 2025).A 430 sq. ft. rear main floor storage area adds further versatility.. The upper levels include three spacious2-bedroom apartments (approx. 900-950 sq. ft. each), all with separate electrical heat paid by tenants, plusa partially completed rear 1-bedroom apartment (approx. 600 sq. ft.) featuring a roughed-in bath, a newwater heater, new roof, and four new windows. Both commercial units offer flexible layouts and can besubdivided, making it possible to create up to 8 individual units. For example, #925 could be easily dividedinto two commercial spaces (front 1,400 sq. ft. and rear 900 sq. ft.) with the addition of a 2-piece bath andpartition wall. Additional highlights include 3 parking spaces, excellent street exposure, and strong incomepotential. Whether you're expanding your portfolio or looking for a space to operate your business withrental income above, this property delivers versatility, functionality, and opportunity in one package (id:65958)
- Subtype
- Retail
- Community
- Owen Sound
- Living area
- 9,458 square feet
- Lot dimensions
- Bldg=41.24 x 169.31 FT
- On market
- Feb 17, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $14,123.31 (2026)
- Zoning
- C1-1
- Photos
- 17
- MLS#
- X12793092
- Area
- OWEN_SOUND
Features and systems
Heating
Cooling
Cash on cash
-6.60%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,542
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.