1723 8th Avenue E

The Douglas
For Sale: Brand New 23 Suite Apartment Building
A luxury apartment building geared towards seniors located at 1723 8th Avenue East in Owen Sound, Ontario

44.5764117, -80.9273621

Main Intersection
8th Avenue E & 17th Street E
Location
Ontario
Address

1723 8th Avenue E
Owen Sound ON N4K 3C2
Canada

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Building Information

Property Highlights
  • Industry leading construction with energy efficient upgrades reducing expenses
  • Close proximity to desirable tenant amenities
  • Large, well-appointed suites ranging in size from 922 SF to 1,226 SF
  • Not governed by rent control in Ontario
  • All-inclusive rents (heat, hydro, cable & internet) allowing for tenants to only pay one bill per month
  • Quality multifamily assets continue to be a stable, low risk inv
Details

Lennard Commercial Realty is pleased to offer for sale the apartment building located at 1723 8th Avenue East in Owen Sound, Ontario. The Douglas, as it is known, is a brand new, 23 suite, luxury apartment building designed toward senior living. 

With occupancy beginning in June 2022, the property represents a level of comfort not seen previously in this market. Designed and constructed to exceed industry standards, The Douglas will provide a future purchaser with stable, predictable cash flow and minimum maintenance for years to come. Located in the east end of the city, just north of 16th Street, The Douglas is a short half kilometer from grocery stores, clothing and home goods shopping and the largest hospital in the area - Grey Bruce Health Services.