900 2ND AVENUE W
Owen Sound, Ontario
MLS® X13207132
$1,072,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13207132
- Bedrooms
- 8
- Bathrooms
- 5
- Year built
- —
1 / 51Listing description
Embark on an exceptional investment journey with this property in the River District/Downtown, offering not just lucrative potential but the possibility of a home base if you choose to reside in one of its units while renting out the rest. Additionally, the commercial unit presents an opportunity to run a business right at your doorstep. This classic Victorian residence exudes charm and character at every corner, enhanced by its high ceilings and open, well-laid-out units.
Extensive renovations have revitalized its allure, ensuring its timeless appeal. With four fully leased residential units and one rented commercial space, this property stands as a beacon of investment potential, impeccably maintained and ready for profitability. Nestled amidst the scenic beauty of Owen Sound, residing here offers a lifestyle marked by tranquility and convenience.
Explore charming local shops, savor culinary delights at nearby restaurants, and immerse yourself in the rich cultural fabric of the community. With picturesque parks, breathtaking waterfront views, and a welcoming atmosphere, Owen Sound epitomizes the essence of small-town living with modern amenities. Seize the opportunity to own a piece of this vibrant locale, where each day holds new possibilities for exploration and enjoyment.
Building gross revenue (rent + coin laundry) $94,616. 75.
Property summary
- MLS® number
- X13207132
- Property type
- Multi-family
- Building type
- Other
- Land size
- 85 x 100 FT
- Annual property taxes
- $7,060.00
- Parking
- 10 spaces · No Garage
- Days on market
- 112 days
Features & details
- Heating
- Radiant heat, Forced air, Natural gas
- Cooling
- Wall unit
- Basement
- Full
- Exterior features
- Brick
- View
- City view
What would this home cost you?
Based on the $1,072,000 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 LPT Realty, TORONTO.
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.