850 11TH STREET W
Owen Sound, Ontario
MLS® X13658490
$599,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13658490
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
1 / 51Listing description
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout.
The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances.
Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.
Property summary
- MLS® number
- X13658490
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 125 x 105 FT
- Annual property taxes
- $3,935.73
- Parking
- 10 spaces · Carport, No Garage
- Days on market
- 38 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Window air conditioner, None
- Basement
- Finished, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Water Heater
- Exterior features
- Brick, Stone
- Architectural style
- Bungalow
What would this home cost you?
Based on the $599,000 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 Royal LePage RCR 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.