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$699,000
Owen Sound
1154 2nd Avenue West, Owen Sound, Ontario, N4K4N2
This multi-family property in Owen Sound is for sale offering roughly 2,750 sq ft of space. It has been on the market 48 days, fresher than the Owen Sound average of 91 days.
Stunning 2,732 sq. ft. triplex offering an excellent owner-occupied or investment opportunity. This spacious property features three separate units, providing a great combination of comfortable living space and income potential. The main unit is a spacious renovated 3-bedroom, 1-bathroom unit offering a comfortable layout and plenty of living space. Enjoy the warmth and character of the gas fireplace, along with the convenience of central air conditioning. The main unit also features a large private rear deck, perfect for relaxing, entertaining, or enjoying the outdoors. There is an additional shed at the back of the property where you will find rear access to an unassumed road, providing additional parking and added convenience for the occupants. The other two units consist of a 3-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit, giving the property a versatile mix of unit sizes. With its spacious main unit, renovated features, private outdoor space, additional parking, and three total units, this is a great opportunity for an owner-occupier looking to live in one unit while generating rental income from the other two, or for an investor looking to add a versatile multi-unit property to their portfolio. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 91 days across the listings currently for sale in this city
This 7-bed multi-family in Owen Sound has been listed for 48 days, which is 43 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 10.1× the local median household income of $69,500.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 96% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4K)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.