$799,000
FOR SALE

Investment

Lot: 122 x 175 ft
2026 Taxes: $9,901

1178 4th Ave W
Owen Sound, ON N4K 4W5 | Grey County

Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable areas, this unique property offers over 4,600 sq. ft. of finished above-grade space along with exceptional flexibility for future use. The main building features impressive ceiling heights, hardwood flooring, detailed crown moulding, and large windows that provide abundant natural light throughout. Architectural character from a bygone era is evident in the craftsmanship and scale of the interior, complemented by a covered verandah, widow's walk, and attached carport. Zoned R5, the property allows for a wide range of permitted uses, including multi-residential development, professional office space, or conversion to a bed and breakfast, the opportunities are endless. The layout and scale also lend themselves well to a large single-family residence or adaptive re-use project. The site offers a large paved parking area with three separate street access points, providing ideal access for commercial or multi-unit use. In addition, a detached two-storey brick coach house presents further potential for redevelopment, storage, or additional finished space. The basement of the main property provides additional utility space suitable for storage or future development. The property is serviced with hot water radiant heating via a gas boiler system and ductless mini-split air conditioning units for year-round comfort. A rare offering combining size, layout, and historic character in a central and established location, presenting a strong opportunity for redevelopment or restoration.
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Listed By RE/MAX Grey Bruce Realty Inc.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13124850
Last Updated May 13, 2026
Property Summary
Property Type Investment

More like this:
PIN 370520020
Legal Description LT 3-4 PL 57 OWEN SOUND; PT LT 5 PL 57 OWEN SOUND AS IN R107627; OWEN SOUND
Possession Date Flexible
Taxes (2026) $9,901
Directions/Cross Streets 4th Ave. W & 11th St. B W
Neighbourhood Owen Sound
Area Grey County
Price History

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Detailed Information
Freestanding Y
Bedrooms 5
Bathrooms 2
Lot 122 x 175 ft
Air Conditioning Yes
Garage Type Double Detached
Parking Spaces 20
Heat Source Gas
Heat Type Radiant

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