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2250 28th Avenue E
homes for sale · Owen Sound
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$1,595,000

2250 28th Avenue E

Owen Sound · MLS® X13710124

3211

House · Agriculture · 60 days on market

listed by BRAD BARFOOT, Sutton-Sound Realty

realtor's description

31.75-Acre Property currently used as residential home, horse barn and track within the city limits with an opportunity for Employment & Industrial Development . A rare 31.75-acre development opportunity within the City of Owen Sound, ideally positioned next to established industrial and retail areas. Currently operated as a residential property and horse farm, the lands are zoned M3 (Employment Area) Industrial, offering significant potential for future industrial or employment-oriented development.With its substantial land base, strategic location, and proximity to existing commercial and industrial uses, the property lends itself naturally to industrial development, expansion, or other employment-generating uses, subject to municipal approvals and development requirements.The property is being offered with its value primarily attributed to its highest and best use as an industrial development site. While the existing residence and farm-related buildings provide current utility, prospective purchasers should view these improvements as secondary to the underlying development potential of the land. The existing house and agricultural structures may have limited contributory value in the context of an industrial redevelopment scenario. For developers, investors, and businesses seeking a sizeable employment/industrial land holding within Owen Sound, this property represents an exceptional opportunity to acquire 31.75 acres in an established and strategically located employment area, with the potential to unlock substantial value through future redevelopment.

property details

type
House, Agriculture
bedrooms
3
bathrooms
2
parking
11
property tax
$2,494 / yr
days on market
60
MLS®
X13710124

features

  • Water Heater

monthly cost

$7,157/mo
Mortgage $6,949 · Tax $208

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,949/ monthly
loan $1,276,000
25-year amortization
total interest
$808,779
cash to close
$319,000
down payment; transfer tax and fees not included
total paid
$2,084,779

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Owen SoundGoogle Maps ↗

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listed by
BRAD BARFOOT
Sutton-Sound Realty
call BRAD · 226-974-0203
Powered by: REALTOR.ca

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location

Owen SoundGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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