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Renanza Realty
For sale

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
—

Listing 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.

Estimated monthly payment$2,443 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.