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516 4th Avenue

Owen Sound / Owen Sound, ON N4K 2N2

ActiveFor Sale
6 Beds
2 Baths
2,000 Sq Ft
3,605 Lot Sq Ft
Multi-Family

About This Property

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,000 sq ft
Lot Size3,605 sq ft
Bedrooms6
Bathrooms2
Taxes (2025)$3,964
Postal CodeN4K 2N2
Last UpdatedOct 28, 2026 · 12:28 p.m.

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Features & Amenities

  • Air Conditioning
  • Basement

Buying or selling in Owen Sound?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14111342

Listed by RE/MAX Grey Bruce Realty Inc.

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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$499,999

asking price

MLS®X14111342
TypeMulti-Family
CityOwen Sound
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,442

/month · $399,999 mortgage

Down Payment20% — $100,000
Interest Rate5.5%

Amortization

Total Interest

$332,469

Total Cost

$732,468

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX Grey Bruce Realty Inc.