805 3rd Ave W, Owen Sound, Ontario

Multi-Family for Sale in Owen Sound

805 3rd Ave W, Owen Sound, ON

  • CA$975,000
  • 8 BEDS
  • 5 BATHS
  • 17,908 sq.ft. Land
  • CA$975,000

Multi-Family for Sale in Owen Sound

805 3rd Ave W, Owen Sound, ON

  • CA$975,000
  • 8 BEDS
  • 5 BATHS
  • 17,908 sq.ft. Land
  • CA$975,000

Key Facts

  • MLS® #: X12992310
  • Property ID: SIRC3250409
  • Property Type: Residential, Multiplex
  • Lot Size: 17,908 sq.ft.
  • Bedrooms: 8
  • Bathrooms: 5
  • Parking Spaces: 9
  • Listed By:
  • eXp Realty

Property Description

Well-located multiplex investment property within walking distance to the library, mill dam, and farmers market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757.21, gas $3,850.19, insurance $3,626.37, hydro $1,953.51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.

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Rooms

  • TypeLevelDimensionsFlooring
  • BathroomMain8' 8.3" x 7' 4.1"Other
  • Dining roomMain11' 10.5" x 11' 6.1"Other
  • FoyerMain6' 3.5" x 13' 5.4"Other
  • KitchenMain9' 8.9" x 6' 11.8"Other
  • KitchenMain11' 2.6" x 12' 10.7"Other
  • Living roomMain15' 2.6" x 13' 5.8"Other
  • Living roomMain14' 5.6" x 21' 11.4"Other
  • Home officeMain12' 3.6" x 6' 11.8"Other
  • Home officeMain12' 9.1" x 12' 9.4"Other
  • OtherMain17' 1.9" x 12' 1.6"Other
  • Solarium/SunroomMain21' 8.6" x 10' 9.1"Other
  • Bathroom2nd floor4' 7.9" x 8' 5.9"Other
  • Bathroom2nd floor6' 7.1" x 8' 7.9"Other
  • Bathroom2nd floor5' 5.3" x 8' 3.2"Other
  • Bedroom2nd floor15' 4.2" x 11' 7.7"Other
  • Bedroom2nd floor14' 2.4" x 11' 8.1"Other
  • Bedroom2nd floor10' 8.3" x 11' 8.1"Other
  • Bedroom2nd floor10' 1.6" x 11' 9.7"Other
  • Bedroom2nd floor12' 4.4" x 12' 4.4"Other
  • Bedroom2nd floor10' 9.5" x 11' 9.7"Other
  • Dining room2nd floor11' 5.4" x 12' 9.9"Other
  • Family room2nd floor17' 5.8" x 12' 9.9"Other
  • Family room2nd floor13' 10.1" x 12' 5.2"Other
  • Kitchen2nd floor6' 11" x 7' 7.3"Other
  • Kitchen2nd floor8' 11.8" x 7' 6.1"Other
  • OtherBasement22' 3.7" x 19' 8.2"Other
  • OtherBasement19' 5.4" x 20' 5.6"Other
  • OtherBasement14' 6.4" x 12' 9.9"Other
  • UtilityBasement21' 2.3" x 12' 3.2"Other
  • Bathroom2nd floor6' 5.9" x 5' 9.2"Other
  • Bedroom2nd floor12' 8.3" x 9' 10.8"Other
  • Kitchen2nd floor8' 5.1" x 11' 9.3"Other
  • Laundry room2nd floor4' 10.2" x 10' 11.1"Other
  • Living room2nd floor11' 9.7" x 20' 5.6"Other

Listing Agents

eXp Realty

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Location

805 3rd Ave W, Owen Sound, Ontario, N4K 4P4 Canada

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