West Side Owen Sound Workshop with 1941 Charm

Property details for 772 3rd Avenue W, Owen Sound

Type: Residential
Bedrooms: 3
Bathrooms: 3
Lot Size: 50 x 132 FT
Stories: 2
Basement: Finished, N/A
Parking: Detached Garage, Garage
Heating: Radiant heat, Natural gas
Cooling: None
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,635 (2025)

Tucked into the West Side, a short stroll from the shops on 8th Street East and the Saturday farmers' market, this 1941 two-storey home sits on a 50 by 132 foot lot with a huge backyard. Four blocks south, you can grab coffee at River Cafe or check out the Billy Bishop Museum. The main floor keeps the original layout: living room, dining room, kitchen, and a four-season sunroom that looks over the yard. Hardwood floors run through the living and dining rooms, and the kitchen has newer appliances and a gas stove. Upstairs, three bedrooms off a central hall, one with its own 2-piece ensuite. There's also a second-floor laundry, which is a bonus. The finished basement adds a rec room and 3-piece bath, with extra storage. Step outside and you'll find a 17 x 20 workshop wired for power, plus a detached garage. The patio and gazebo make the backyard easy to enjoy, and the gas BBQ hooks right up. Roof is three years old, windows are about nine, and the gas boiler heat was installed eight years ago. Taxes run $4,635. No AC, but the sunroom opens up for cross-breezes. This is one of the few West Side homes with this much workshop space. You'll pay around $649K, which is right in line with the few nearby listings.

About 772 3rd Avenue W, Owen Sound — Property Score

Great Location

Score: 60/100

Value

Priced 30.1% above area median of $499,000 based on 78 comparable properties nearby 25

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

3 bathrooms - 1 more than similarly priced properties nearby 72

6,600 sqft lot - a generous lot for the area 78

Location

$76K median household income - near the Canadian average of $70K 68

82% of residents hold postsecondary credentials - a highly educated neighbourhood 90

86% homeownership rate - indicating a stable, owner-occupied community 90

76% of residents commute under 30 minutes - excellent commuter accessibility 90

1,265/km² population density - a well-balanced suburban area 83

Market

Just listed - area average is 18 days on market 96

-16.8% median price change over 1 month - declining prices in the area 1

89 months of housing supply - 89 active listings with 1 sold last month (buyer's market) 40

Features

2-car garage - area average is 4 spots 80

Finished, N/A basement - adds valuable living space 85

premium radiant heating system 85

None 30

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.71% effective tax rate ($4,635/yr) - below the Canadian average of ~1% 79

14% renter population - primarily owner-occupied area 47

Quality

Condition

Listing

43 photos provided - 19% more than the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.