$549,000

For sale

Book a showing

1160 2nd Avenue West, Owen Sound - Multi-family for Sale

1160 2nd Avenue West, Owen Sound, Ontario, N4K4N2

3 beds2 baths5 parking ft²

121 Grey Rd 17b Road, Owen Sound, Ontario, N4K5R8

4 bd2 ba6 pk1,750 ft²Lot size 42,645 sq ft (0.97 ac)

Listed by REALTY ASSOCIATES INC.

516 4th Avenue East, Owen Sound, Ontario, N4K2N2

For sale

12 days ago

$500K

516 4th Avenue East, Owen Sound, Ontario, N4K2N2

5 bd2 ba3 pk2,250 ft²Lot size 35 × 103 ft (3,605 sq ft)

Listed by RE/MAX Grey Bruce Realty Inc.

1082 8th Street East, Owen Sound, Ontario, N4K1M6

For sale

25 days ago

$549K

1082 8th Street East, Owen Sound, Ontario, N4K1M6

5 bd3 ba11 pk1,750 ft²Lot size 67 × 124 ft (8,257 sq ft)

Listed by Ron Hopper Real Estate Ltd.

1140 2nd Avenue West, Owen Sound, Ontario, N4K4N2

For sale

34 days ago

$419K

1140 2nd Avenue West, Owen Sound, Ontario, N4K4N2

3 bd2 ba3 pk2,250 ft²Lot size 41 × 154 ft (6,276 sq ft)

Listed by Royal LePage Locations North

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$549,000

Owen Sound

Book a showing

40 × 107 ft (4,280 sq ft) lot size

Overview

This multi-family property in Owen Sound is for sale offering roughly 1,300 sq ft of space. It has been on the market 48 days, fresher than the Owen Sound average of 91 days.

Multi-Family Properties for Sale in Owen Sound →All real estate in Owen Sound →

Description

Great duplex in a convenient Owen Sound location. This property features two spacious units, both with renovated kitchens and bathrooms, main level shared laundry. The detached garage provides additional storage and there is parking for 5 cars. Located close to downtown, shopping, restaurants, and other downtown amenities. A great opportunity for an investor or owner-occupier looking for a solid income property. (id:66096)

Property Details

MLS®: X13798638
Property Type: Multi-family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 40 × 107 ft (4,280 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Partial, Crawl space
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $2,347/yr
Listed: 48 days ago

Rooms

Main level

Foyer: 5.41 x 1.91 meters
Bedroom 2: 4.17 x 3.35 meters
Living room: 3.56 x 3.53 meters
Sitting room: 2.95 x 2.24 meters
Kitchen: 4.62 x 3.35 meters
Primary Bedroom: 4.17 x 3.35 meters
Bathroom: 1.88 x 1.14 meters

Second level

Bathroom: 1.83 x 2.74 meters
Foyer: 3.05 x 1.8 meters
Family room: 4.5 x 3.23 meters
Kitchen: 3.71 x 2.95 meters
Bedroom: 4.04 x 2.44 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Foundation: Stone, Slab
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Owen Sound listings, avg age

91d

Price / ft²

$422

List price

$549K

Haho

This 3-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.

Set a price alert Book a showing

Listed by Vantage Point Realty Ltd. · DEVIN KLOOSTERBOER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4K)

This home lists at $549,000, about 7.9× the local median household income of $69,500.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$549,000· $422/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$196/mo

Total monthly$3,074

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice