Located two hours north of Toronto on Georgian Bay located along the Niagara Escarpment, Owen Sound is a regional urban center of over 20,000 people with a diversified regional economy. The area is currently experiencing an economic upsurge based on strong employment in the tourism, manufacturing and health care sectors. Most notably Owen Sound is within 50 minutes of Bruce Power, the largest nuclear facility in the world. Bruce Power is investing billions in redevelopment and attracting new suppliers to the region. Over 1000 residential units across 3 different developments are in the planning stages. Average housing prices in Grey Bruce were $381,874 in May 2018, up 8.8% from a year earlier.
A 12 acre waterfront parcel for sale on full services. The site is designated (Hazard lands (ZH) and MC (H) 14.56) waterfront mixed use and open space which allows industrial, residential, office, retail, institutional, service and other uses. The property will be linked to the downtown area through an existing waterfront trail network. A site plan approved for parcel A subject to conditions had 232 residential units. The property has a harbour that could be transformed into marina or other waterfront features. The City of Owen Sound has a Community Improvement Plan to provide financial assistance.