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261 9th Street E
Owen Sound Owen Sound N4K 1N8

$2,395,000 /For Sale
Commercial

Main Photo: 261 9th Street E: Owen Sound Commercial for sale : MLS®# X12989884
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12989884
Bus Major:
Apts - 6 To 12 Units
Discover 261 9th Street East, a well-maintained mixed-use property in the heart of Owen Sound. This income-producing building features 6 fully leased commercial units on the ground floor along with 10 residential apartments above. With tenants responsible for their own utilities, this property offers a stable and efficient revenue stream.Located in a high-visibility downtown location, the property benefits from steady foot traffic, strong community presence, and proximity to shops, restaurants, and services. Whether you're an experienced investor or expanding your portfolio, this is a rare opportunity to own a solid mixed-use building in one of Owen Sounds most desirable commercial corridors.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
9235 sq. ft. Acres
Total Area:
9,234.72 sq. ft.
Lot Depth:
95'2"
Lot Frontage:
95'9⅛"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
C1
Heating type:
Baseboard
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$22,407 / 2025
Assessment:
$- / -
Grey County
Owen Sound
Owen Sound
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 13, 2026
Original Price:
Previous Price:
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Listed by Sotheby's International Realty Canada
Data was last updated April 13, 2026 at 02:15 PM (UTC)
DARYL  KING
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1. Are apartment buildings a good investment?
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2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

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Typically, any property with five or more units is classified as an apartment building for investment purposes.

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You can find listings across major cities and growing suburbs where rental demand remains strong.