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$649,000Asking Price

708 16th Street E, Owen Sound, ON N4K 1Y9

Owen Sound, Owen Sound

Detached
1
Bedroom
3
Baths
13
Parking
Days on Market

Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.

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Turnkey investment opportunity! Large attractive brick building with excellent tenants and known as the Heritage Professional Building. Large paved parking lot. 2 commercial tenants and 1 residential. Main floor commercial unit has multiple offices and 2 pc bath. Residential 1 bed unit also on Main floor with separate entrance. 2nd level is a medical aesthetics business. 2640 sq ft above grade; addtional space in basement provides useable storage. 3 hydro meters all separated to each unit. Natural gas furnace and building has central air. This building shows very well. East side corner lot. Net income approx $38,391/year. Property could be a fit for any size investor.

Key Info

  • 2-Storey Detached
  • 13-Car Driveway
  • No Garage
  • 7th Ave E
  • 2500-3000 Approximate Sq Feet
  • Basement: Full, Unfinished
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 91.25 x 105.13 Feet
  • Brick Exterior
  • No Waterfront Access
  • Taxes were $11,695 in 2025
  • Possession: Flexible

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #X13126090
  • eXp Realty

Extras

Room Floor Dimensions Details
1 Office Main 11.84' x 12.57'
2 Office Main 7.12' x 8.43'
3 Office Main 6.86' x 10.83'
4 Bathroom Main 4.00' x 4.04' 2-PieceBath
5 Kitchen Main 8.14' x 7.68'
6 Bathroom Main 7.68' x 4.92' 4-PieceBath
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 2-Piece Bathroom

Who lives here?

Owen Sound, Owen Sound is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Owen Sound  (0.9)

Singles

48% of residents are
single and loving it.

48% singles

Owen Sound (48%)

Renters

42% of residents
are renters.

42% renters

Owen Sound (42%)

Education

20% of residents are
university grads.

20% university grads

Owen Sound (20%)

Income

Average Household Income

$82K

is the average household
income in the neighbourhood.

Owen Sound  ($82K)

Professions

Professions

Sales 20%
Trades 9%
Government 8%
Business 6%
Health 6%

Immigrants

7% of residents were
born outside of Canada.

7% immigrants

Owen Sound (7%)

Birthplace - All

UK was once home to 1.8% of immigrants.
India 0.6%
USA 0.4%
Netherlands 0.4%
Germany 0.3%

1.8% from UK
All-time

Birthplace - Recent

India was once home to 0.1% of immigrants.

0.1% from India
Recent

Foreign Languages

Foreign Languages

French 1%
German 1%

Religions

Religions

Christian 62%