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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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516 4th Avenue E Owen Sound
For SaleOwen Sound

516 4th Avenue E Owen Sound, Duplex for Sale

MLS® X14111342

Owen Sound, ON

15 days on market
$499,999
Show on Map
Show on Map
5Beds
2Baths
2,250Sqft
3Parking
Duplex

Overview· 516 4th Avenue E Owen Sound

MLS® #X14111342

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.

Inclusions

Wall A/C Unit, 2 refrigerators, 2 stoves, 2 dishwashers, washer, dryer

Exclusions

Tenants personal items

Broker

RE/MAX Grey Bruce Realty Inc.

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Walk Score®68Somewhat WalkableSomewhat Walkable
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®36Somewhat BikeableSomewhat Bikeable
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Highlights & Amenities· 516 4th Avenue E Owen Sound

Source: MLS® listing data
516 4th Avenue E Owen Sound

Duplex

516 4th Avenue E Owen Sound

Owen Sound

Built

100+

Type

Duplex

Basement

Apartment, Separate Entrance

Parking

None (3)

Property Tax

~$3,964/yr

Heating

Forced Air

Buying Essentials

Square Feet

2250 sqft

Facing Direction

West

Parking

None (3)

Finances

List Price

$499,999

Price per SQFT

$222/sqft

Property Tax

~$3,964/yr

Property Specs

Property Type

Duplex

MLS Size

2250 sqft

Age of Building

100+

Basement

Apartment, Separate Entrance

Living & Amenities

Heating Type

Forced Air

Features

Separate Hydro Meter · Water Heater · In-Law Capability · In-Law Suite

Policies & Utilities

Neighbourhood

Owen Sound

Listed On

Oct 23, 2026

Price & Listing History

Days on Market

Current: 15 days

0306090120+

Rooms

Other(Main)

8.6 x 5.8

50 sqft

Living Room(Main)

14.4 x 16.6

239 sqft

Kitchen(Main)

12.6 x 10.7

136 sqft

Bedroom(Main)

12.6 x 11.7

148 sqft

Bathroom(Main)

5.4 x 7.4

40 sqft

Study(Main)

7.6 x 7.4

56 sqft

Other(Basement)

Unfinished

27.4 x 22.9

628 sqft

Foyer(Main)

8.1 x 7.3

59 sqft

Bathroom(Second)

2 Pc Bath

6.2 x 10.5

65 sqft

Bathroom(Second)

2 Pc Bath

6.1 x 5.4

33 sqft

Bedroom(Second)

8.9 x 15.0

133 sqft

Living Room(Second)

12.6 x 9.8

124 sqft

Dining Room(Second)

11.5 x 7.8

90 sqft

Kitchen(Second)

9.4 x 11.4

107 sqft

Bedroom(Third)

19.7 x 10.8

212 sqft

Bedroom(Third)

16.2 x 10.5

171 sqft

RoomsDimensionsFeaturesSqft
Other(Main)8.6 x 5.8—50
Living Room(Main)14.4 x 16.6—239
Kitchen(Main)12.6 x 10.7—136
Bedroom(Main)12.6 x 11.7—148
Bathroom(Main)5.4 x 7.4—40
Study(Main)7.6 x 7.4—56
Other(Basement)27.4 x 22.9Unfinished628
Foyer(Main)8.1 x 7.3—59
Bathroom(Second)6.2 x 10.52 Pc Bath65
Bathroom(Second)6.1 x 5.42 Pc Bath33
Bedroom(Second)8.9 x 15.0—133
Living Room(Second)12.6 x 9.8—124
Dining Room(Second)11.5 x 7.8—90
Kitchen(Second)9.4 x 11.4—107
Bedroom(Third)19.7 x 10.8—212
Bedroom(Third)16.2 x 10.5—171

Rooms

16

Listed Room Area

2,291 sqft

Source

Estimated from MLS room dimensions

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,011/mo
Property Tax$330/mo
Total Monthly$2,341

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0