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Royal LePage
Royal LePage
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$585,000

271 7TH STREET E, Owen Sound, Ontario, N4K 1H8

MLS® # X13127142

Owen Sound ON, N4K 1H8

MLS® # X13127142

Property Information:

Exceptional Investment Opportunity: Versatile Triplex in the River District. Maximize your real estate portfolio with this strategically located triplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main floor unit features a spacious, functional layout with two bedrooms, 1 bathroom, Laundry, kitchen & living room. This unit is all on one level, with abundant natural light, making it a perfect primary residence while the two additional units contribute directly to your mortgage. Each unit provides a distinct sense of privacy with separate entrances and well-defined living spaces. The back apartment, accessible through the fenced in yard, also offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. The upper apartment is bright and features 3 bedrooms, 1 bathroom, a Laundry closet, and a kitchen/ dining/ living room. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers' market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County's most stable rental markets. This home has been well maintained, and is move in ready! (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning, Window air conditioner
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 3
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 104 Feet
  • Lot Frontage: 63 Feet
  • Lot Size: 63 x 104 FT
  • Zoning: RS-1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 271 7TH STREET E, Owen Sound, Ontario, N4K 1H8

Demographic Information of 271 7TH STREET E, Owen Sound, Ontario, N4K 1H8

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$92,018.09

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.4 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

4.88 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

0.1 %

University Degree

16.82 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

0.03 %

By Walking

12.32 %

By Bicycle

0.03 %

By Other Methods

8.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.57 %

Houses

43.43 %

Own Vs. Rent

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