1825 6th Avenue W, Owen Sound

1825 6th Avenue W, Owen Sound, ON N4K5Y9 Photo 1

16 Photos

1825 6th Avenue W, Owen Sound, ON N4K5Y9 Photo 2
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1825 6th Avenue W, Owen Sound, ON N4K5Y9 Photo 7
  • Living area: 22500 sqft
  • MLS®: 40509075
  • Added: 179 days ago

Property Details

Rare opportunity! This purpose built three storey brick walk up apartment building is located in a quiet residential neighbourhood in beautiful Owen Sound. Backing onto a ravine, this full brick on slab rental complex features 17 - 2bed 1bth apartments, and 6 - 1bd 1bth apartments with balconies. Well maintained,the property has an onsite live in Superintendant. Heating is with a gas boiler system that features a solar panel preheat system (2013). Wiring is aluminum - ESA certificate is available. Property is on municipal water and sewer. Coin op laundry in the building. Property features plenty of outside parking space. Units have been updated between each vacancy. Common areas have been updated with LED lighting, updated flooring (2023), doors replaced (2022), and updated entrance (2022). Balconies are in good condition - engineers report available. One deck will be replaced. Good income with long term tenants. The property is fully leased. Full financials will be provided upon conditional offer. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Wall unit
  • Heating: Natural gas
  • Stories: 3
  • Basement: None
  • Directions: From Grey Road 1 at Kelso Beach, Turn onto 19th St W. Turn left onto 6th Ave W.
  • Living Area: 22500
  • Lot Features: Laundry- Coin operated
  • Photos Count: 16
  • Water Source: Municipal water
  • Parking Total: 26
  • Common Interest: Freehold
  • Street Dir Suffix: West
  • Subdivision Name: Owen Sound
  • Tax Annual Amount: 40157
  • Exterior Features: Brick
  • Community Features: Quiet Area
  • Zoning Description: MR, ZH
  • Number Of Units Total: 23
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Nearby Places

Name Type Address Distance
Pottawatomi River It is in the Great Lakes Basin and empties into Ge... 0.7 km
Owen Sound Marine-Rail Museum Museum 1155 1st Ave W 1.2 km
Best Western Inn on the Bay Lodging 1800 2nd Ave E 1.3 km
Boot & Blade Dining Lounge Food 1135 2nd Ave E 1.4 km
Kings Buffett Group Restaurant 640 10th St W 1.4 km
Metro (Metro) Grocery or supermarket 1070 2nd Ave E 1.4 km
Billy Bishop Museum Museum 948 3 Ave W 1.5 km
Harry Lumley Bayshore Community Centre Establishment 1900 3 Ave E 1.5 km
Harry Lumley Bayshore Community Centre McArthur Arena, a 4,300-seat multi-purpose arena i... 1.5 km
Channing Restaurant Restaurant 1002 2nd Ave E 1.6 km
River Cafe (The) Owen Sound Best cafe and coffee in Town Cafe 986 2nd Ave E 1.6 km
Owen Sound Transit Terminal Establishment 1020 3rd Ave E 1.6 km
1825 6th Avenue W mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1825 6th Avenue W. The current price of the property is $3,990,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $3,192,000. This would result in a monthly mortgage payment of $18,658 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 20
Certificate of Qualification 10
College 105
University degree at bachelor level or above 40

Neighbourhood Marital Status Stat

Married 170
Widowed 25
Divorced 25
Separated 15
Never married 90
Living common law 65
Married or living common law 230
Not married and not living common law 160

Neighbourhood Construction Date

1961 to 1980 75
1981 to 1990 30
1991 to 2000 20
1960 or before 75
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