708 16th Street, Owen Sound, ON

$649,000
MLS#:X13126094
0 beds
3 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] office located in the coveted neighborhood of Owen Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $649,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 3 Bathrooms
  • Premium 91.25 x 105.13 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

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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Key Features

Bathrooms
3
Property Type
Commercial

Additional Details

StatusActive
Listed Date5/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeOffice
Lot Size91.25 × 105.13 Feet
CountyGrey County
Annual Tax$11,695.32
Legal DescriptionPT LT 1 E/S CATHCART ST AND N/S ST. VINCENT ST PL OWEN SOUND PT 1 16R1414; OWEN SOUND

Parking & Garage

Garage Spaces13
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Location

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708 16th Street, Owen Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 708 16th Street E, Owen Sound, ON N4K 1Y9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$519,200
Monthly Mortgage$3,017
Property Tax (Est.)$975
Utilities & Maint.$350
Total Monthly Cost$4,342

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Owen Sound.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$521,123

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Alexandra
Public1556 8th Avenue East, Owen Sound, Ontario, N4K 3B6
4.2
Hillcrest
Public501 8th Street West, Owen Sound, Ontario, N4K 3M8
3.2
East Ridge
Public1550 8th Street East, Owen Sound, Ontario, N4K 5R4
5.3
St-Dominique-Savio
Public800 23rd Street East, Owen Sound, Ontario, N4K 6Z5
3.2
Keppel-Sarawak
Public937 24th Street West, Owen Sound, Ontario, N4K 5N4
6.2

Secondary Schools

St. Mary’s
Catholic555 15th Street East, Owen Sound, Ontario, N4K 1X2
5.8
Owen Sound
Public750 9th Street West, Owen Sound, Ontario, N4K 3P6
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.