1088 8TH STREET E
Owen Sound, Ontario
MLS® X13713914
$525,000
- Status
- Active
- Property type
- House
- MLS® number
- X13713914
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 45Listing description
6 BEDROOMS. $800/ROOM. YOU DO THE MATH.
Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income.
And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock.
There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus.
No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession.
Fill the rooms. Collect the rent. That's the play.
Property summary
- MLS® number
- X13713914
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 60.7 x 77 FT
- Annual property taxes
- $3,866.00
- Parking
- 3 spaces · No Garage
- Days on market
- 33 days
Features & details
- Heating
- Baseboard heaters, Natural gas
- Cooling
- None
- Basement
- Finished, Separate entrance, N/A, N/A
- Flooring
- Tile, Vinyl
- Appliances
- Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater
- Exterior features
- Brick, Aluminum siding
- Lot features
- Carpet Free
- Community features
- Community Centre
- Architectural style
- Bungalow
What would this home cost you?
Based on the $525,000 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 Keller Williams Experience Realty, BARRIE.
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.