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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 16 daysIncreased +$999

    516 4th Avenue E

    Owen Sound·Owen Sound, ON·N4K 2N2·Near 5th St E & 4th Ave E

    • 6 beds
    Owen Sound real estate›X12287940
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    This solid red brick 2.5-storey home is full of charm, character, and potential. Offering over 2,000 square feet of living space this property is ideally suited for large families, investors, or buyers looking to create a legal duplex. The main floor features a generous living room, separate dining area, full kitchen, and a main-floor bedroom or office space. Upstairs, you'll find three more bedrooms, a 3-piece bathroom and a second kitchen setup hinting at its past use as a duplex. The finished attic/loft on the top floor provides even more flexible space for a home office, studio, or additional bedroom. With two separate entrances, ample square footage, and a layout conducive to multi-unit living; the home offers a great foundation for conversion. Outside; the property includes a private backyard space, large deck and a classic covered front porch. Located in a mature neighbourhood close to schools, shopping, transit, and downtown amenities. Whether you're looking for a spacious single-family home or an investment with income potential; this home delivers space and possibilities.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 19, 2026Price increasedCurrentIncreased$399,999+$999 (0.3%)X12287940This page
    Jul 16, 2025ListedCurrentFor sale$399,000 —X12287940This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 516 4th Avenue E
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,965
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $320
    0.96% mill rate · ON
    The market

    How this home sits in the Owen Sound market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Owen Sound market right now

    Average sold price, days on market, and closed-transaction count for Owen Sound — sourced from MLS®.

    • Avg sold price
      $492,320
      Last 30 days
    • Median sold price
      $489,750
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      72
      MLS® transactions
    Full Owen Sound market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 516 4th Avenue E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 516 4th Avenue E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 516 4th Avenue E listed for?

      516 4th Avenue E is listed at $399,999 on the MLS® (listing X12287940). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 516 4th Avenue E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 2000-2500 sqft
  3. Duplex
  4. Built 100+
  5. Asking
    $399,999
    $0 / sqft · MLS® X12287940
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $758,173
    $697,519Confidence range$818,827
    Asking vs estimate
    ↓below
    −$358,174
    (-47.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 6 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Owen Sound sell in about 42 days — this one has been listed 16 days.

    Avg sold price
    $492,320
    Median sold
    $489,750
    Avg days on market
    42
    Recently sold
    72
    See comparable sales
    Offering over 2,000 square feet of living space this property is ideally suited for large families, investors, or buyers looking to create a legal duplex.
  7. The main floor features a generous living room, separate dining area, full kitchen, and a main-floor bedroom or office space.
  8. Outside; the property includes a private backyard space, large deck and a classic covered front porch.
  9. Located in a mature neighbourhood close to schools, shopping, transit, and downtown amenities.
  10. Ask Zara a follow-up
    Sewer
  11. Parking & garage

    3
    Garage
    None
    Parking spaces
    1
    Driveway
    Mutual
  12. Interior

    5
    Basement
    Unfinished
    Family room
    Y
    Kitchens
    2
    Total rooms
    13
    Accessibility
    N
  13. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Stone
    Pool
    None
  14. Lot & land

    1
    Year built
    100+
  15. Listing & possession

    3
    Possession
    2025-08-07T00:00:00.000-00:00
    Property style
    2 1/2 Storey
    Property class
    Duplex
  16. Room-by-room · 6 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Living Room
      16.1 × 13.0 ft
    • Foyer
      16.1 × 10.0 ft
    • Bedroom
      9.4 × 7.8 ft
    • Kitchen
      12.6 × 11.0 ft
    • Dining Room
      12.8 × 11.1 ft
    • Bathroom
      6.3 × 7.8 ft
    Combined estimate
    $2,285
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,965
    /mo
    based on the purchase price of $399,999
    $80,000 cash
    $319,999 financed
    $269,523 total interest
    Monthly payment$1,965/ month
    Principal54%$319,999
    Interest46%$269,523

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable duplexs that just sold in Owen Sound

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 502 & 504 9th Street
      Sold
      Sign in for price
      502 & 504 9th Street
      Duplex
    • 1379 3rd Avenue
      Sold
      Sign in for price
      1379 3rd Avenue
      Duplex
    AddressBd / BaSqftSold$/sqft% of askSold
    516 4th Avenue EThis home6 / 220,002,500$399,999ask———
    502 & 504 9th Street6 / 22,000—
    1379 3rd Avenue5 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More duplexs in Owen Sound

    Active listings within ±20% of this asking price.

    • 1700 3rd Avenue
      $375,000
      1700 3rd Avenue
      Duplex 5 4
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of RE/MAX Grey Bruce Realty Inc. · displayed on Summitly per MLS® data-share rules

    516 4th Avenue E is a 6-bedroom, 2-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 516 4th Avenue E built?

    516 4th Avenue E was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 516 4th Avenue E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 516 4th Avenue E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 516 4th Avenue E?

    The affordability calculator on this page shows an estimated monthly mortgage for $399,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 516 4th Avenue E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 516 4th Avenue E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 516 4th Avenue E in?

    516 4th Avenue E is in Owen Sound, Owen Sound. The 'Neighbourhood' section below links to the live Owen Sound real estate hub with average sold price, days on market, and current inventory.

  26. Is Owen Sound a good place to live?

    Owen Sound is one of ON's actively-tracked Summitly markets. The full Owen Sound real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.