Property Information:

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. (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Aluminum siding, Brick
Floor Space: 700 - 1100 sqft
Flooring Type: Vinyl, Tile
Foundation Type: Concrete
Heating Type: Baseboard heaters
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 2
Amenities Nearby: Schools, Hospital, Public Transit
Community Features: Community Centre
Features: Carpet Free
Fence Type: Fenced yard
Floor Space (approx): 700 - 1100 Square Feet
Irregular: Yes
Lot Depth: 77 Feet
Lot Frontage: 60.7 Feet
Lot Size: 60.7 x 77 FT
Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
Zoning: R1
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Rooms:

Bedroom Lower Level 3.38 m x 3.25 m
Bathroom Lower Level 2.59 m x 1.40 m
Recreation Room Lower Level 3.94 m x 3.48 m
Laundry Lower Level 3.40 m x 2.54 m
4th Bedroom Lower Level 3.76 m x 4.04 m
5th Bedroom Lower Level 3.76 m x 2.95 m
Foyer Main Level 1.78 m x 2.03 m
Living Main Level 4.12 m x 3.33 m
Dining Main Level 3.73 m x 3.63 m
Kitchen Main Level 2.95 m x 2.39 m
Bedroom Main Level 3.73 m x 3.53 m
2nd Bedroom Main Level 3.25 m x 3.05 m
3rd Bedroom Main Level 3.25 m x 2.59 m
Bathroom Main Level 3.53 m x 1.50 m

Convert Measurement to:

Courtesy of: Keller Williams Experience Realty

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Demographic Information of 1088 8TH STREET E, Owen Sound, Ontario, N4K 1M6

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$92,459.29

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.39 %

High school certificate or equivalent

35.69 %

Apprenticeship trade certificate/diploma

4.79 %

College/non-university certificate

24.58 %

University certificate (below bachelor)

2.15 %

University Degree

8.4 %

Commuter

Travel To Work

By Car

80.04 %

By Public Transit

0.0 %

By Walking

14.13 %

By Bicycle

0.0 %

By Other Methods

5.83 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.08 %

Houses

92.92 %

1088 8TH STREET E, Owen Sound, Ontario, N4K 1M6