224 7th St E

Owen Sound, ON N4K 1H9
  • $449,900

    Price
  • 3

    Bed
  • 2

    Bath
  • 2,000

    SqFt

About the Listing 560702 -

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level (vacant) offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level (Vacant) has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Upstairs Tenant (seasonal student) would like to stay if possible. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!

Listing Highlights

Status Active
Days on Site 23
Property Type Multi-Family
MLS ® X13100856
Year Built
Total Square Footage 2,000
Lot/Acreage N/A
County Grey County
Neighborhood Owen Sound

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Wall Unit(s)
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partial Basement,Separate Entrance
  • Other: Accessory Apartment,In-Law Suite,In-Law Capability,Water Heater,Primary Bedroom - Main Floor,Guest Accommodations,Storage,2 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 2 car
  • Roof: Membrane,Flat
  • Others: Landscaped,Patio,Porch,Year Round Living,Fenced Yard,Hospital,Library,Rec./Commun.Centre,School,School Bus Route
  • Sewer: Sewer
  • Parking Features: Private Double,No Garage

Financial Details

  • Tax Amount: $3,057
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 370680035
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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Questions About..

224 7th St E Owen Sound, ON N4K 1H9

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