3573 East Bayshore Road, Owen Sound

Price: $759,000

0 bedrooms, 0 bathrooms

Property Type: Land

MLS#: X12458358

A Very Special Waterfront Lot located on Georgian Bay within the City limits of Owen Sound, on the way to Leith, offering true City servicing. What a wonderful canvas if you are looking to build a full time home, cottage or investment property. This 1/2+ acre waterfront lot with road inbetween, located on East Bayshore Road, has stunning views of sparkling Georgian Bay. With @ 83 ft of level access to clean & rocky shoreline, it offers the opportunity to truly enjoy what waterfront living is all about. With West facing views inviting fabulous sunsets! Located in an area of full time residents, close to the beautiful "Hibou Conservation Area" and Leith. This prime gently sloping waterfront lot has already been cleared of trees and is zoned R3 allowing for several opportunities of residential builds. A unique find for sure, this sought after, quiet and generous sized parcel is not one to be missed!

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$759,000 - 3573 East Bayshore Road, Owen Sound

Land for Sale in Owen Sound

33 days on market
0Beds
0Baths
N/ASq Ft
Land
Property Details
MLS Number
X12458358
Property Type
Land
Status
active
Days on Site
33
Bedrooms
0
Bathrooms
0
Square Feet
N/A sqft
Neighbourhood
Owen Sound
Listing Brokerage
Chestnut Park Real Estate
Description

A Very Special Waterfront Lot located on Georgian Bay within the City limits of Owen Sound, on the way to Leith, offering true City servicing. What a wonderful canvas if you are looking to build a full time home, cottage or investment property. This 1/2+ acre waterfront lot with road inbetween, located on East Bayshore Road, has stunning views of sparkling Georgian Bay. With @ 83 ft of level access to clean & rocky shoreline, it offers the opportunity to truly enjoy what waterfront living is all about. With West facing views inviting fabulous sunsets! Located in an area of full time residents, close to the beautiful "Hibou Conservation Area" and Leith. This prime gently sloping waterfront lot has already been cleared of trees and is zoned R3 allowing for several opportunities of residential builds. A unique find for sure, this sought after, quiet and generous sized parcel is not one to be missed!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,894.06/mo

Includes CMHC insurance ($21,176)

$
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5%10%50%

5-yr fixed avg.

Principal: $683,100Interest: $463,943
Mortgage Amount$704,276
Total Interest$463,943
Est. Property Tax$538/mo
Total Cost$1,168,219

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Owen Sound

Discover Owen Sound

Owen Sound is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Owen Sound

  • Convenient location in Owen Sound
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Owen Sound offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3573 East Bayshore Road, Owen Sound

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$538
Insurance (est.)-$158
Net Cash Flow+$1,704

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Investment Perspective

Looking at this as an investment: Owen Sound properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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