50
See all 50 photos
$599,000
Est. payment /mo
4 Beds
2 Baths
New
850 11th ST W Owen Sound, ON N4K 3T3
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Owen Sound
MLS Listing ID X13646656
Style Bungalow
Bedrooms 4
Annual Tax Amount $3,935
Tax Year 2026
Property Sub-Type Detached
Property 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 over 1,000 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.
Location
Province ON
County Grey County
Area Grey County
Rooms
Family Room No
Basement Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment, Water Heater Owned
Cooling None, Window Unit(s)
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 125.0
Lot Depth 105.0
Total Parking Spaces 10
Building
Unit Features School,Public Transit
Foundation Concrete Block
Others
ParcelsYN No
Listed by Royal LePage RCR Realty
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