REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

8 Beds

5 Baths

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Owen Sound

MLS Listing ID X13493008

Style 2-Storey

Bedrooms 8

Annual Tax Amount $8,757

Tax Year 2025

Property Sub-Type Multiplex

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.

Location

Province ON

County Grey County

Area Grey County

Zoning R5

Rooms

Family Room No

Basement Crawl Space, Partial Basement, Unfinished

Kitchen 5

Interior

Interior Features None

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas

Inclusions Dishwasher (x1), Stove (x5), Fridge (x5), Dryer (x2) (Coin Operated), Washer (x2) (Coin Operated).

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 110.0

Lot Depth 162.8

Total Parking Spaces 9

Building

Foundation Stone

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/805_3rd_ave_w_owen_sound_on

Listed by eXp Realty

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

805 3rd AVE W Owen Sound, ON N4K 4P4