805 3RD AVENUE W
Owen Sound, Ontario
MLS® X13493008
$829,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13493008
- Bedrooms
- 8
- Bathrooms
- 5
- Year built
- —
1 / 19Listing description
Well-located multiplex investment property within walking distance to the library, mill dam, and farmers' market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached.
The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage.
A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757. 21, gas $3,850.
19, insurance $3,626. 37, hydro$1,953. 51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.
96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.
Property summary
- MLS® number
- X13493008
- Property type
- Multi-family
- Building type
- Other
- Land size
- 110 x 162.8 FT
- Annual property taxes
- $8,757.21
- Parking
- 9 spaces · Detached Garage, Garage
- Days on market
- 67 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- None
- Basement
- Unfinished, Partial, Crawl space, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer
- Exterior features
- Stone, Hardboard
- Lot features
- Flat site
- Community features
- Community Centre
What would this home cost you?
Based on the $829,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, OWEN SOUND.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.