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What this listing tells us
This prime commercial property is now available for sale, offering a unique opportunity in a highly sought-after location near the Bayshore Arena and the harbourfront. The property features a spacious 105'x165' fenced-in lot, with a robust block and steel frame building measuring 60'x40', and an additional attached building at the rear, spanning 36'x16'. The main floor currently houses a restaurant and includes two bathrooms with in floor heating and heat pump for A/C while the second floor offers office and storage space of approximately 650 square feet. The back of the main building with its 10X10 ft overhead door could be used as a service bay. The additional building has a 7X7 ft door and its own heat system. Additional exterior storage buildings and a fenced-in dock area provide further versatility for business operations.While the sale does not include the Yard Restaurant, the restaurant may consider staying as part of the transaction, providing an immediate business opportunity. The space would be great for wholesale, retail or office space. The property benefits from high traffic exposure, making it ideal for a variety of commercial ventures. A Phase 1 environmental assessment from 1998 is available upon request for further peace of mind.This property offers excellent potential for business growth and development in a prime location.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 25, 2026 | Price reducedCurrent | Reduced | $649,900 | −$50,000 (7.1%) | X11993053 | This page |
| Jul 23, 2026 | Previously listed | New | $639,000 | — | X13599422 | View |
| Feb 28, 2025 | ListedCurrent | For sale | $699,900 | — | X11993053 | This page |
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
3- Heating
- Radiant
- Air conditioning
- Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Public Transit
- Recreation/Community Centre
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.
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$471,687Last 30 days
- Median sold price$444,500Middle of the market
- Days on market40 dAvg from list to close
- Closed last 30d88MLS® transactions
We'll get you into 1603 2nd 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 1603 2nd Avenue E and found nothing flagged. We re-check automatically as new records publish.
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 1603 2nd Avenue E listed for?
1603 2nd Avenue E is listed at $649,900 on the MLS® (listing X11993053). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 1603 2nd 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.
