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James McGregor

james.mcgregor@engelvoelkers.com +1(226) 974-2144

$ 599,000

Est. payment -/mo

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850 11TH STREET W Owen Sound, ON N4K3T3

4 Beds

2 Baths

700 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $855

Subdivision Owen Sound

MLS® Listing ID X13646656

Style Bungalow

Bedrooms 4

Property Sub-Type Freehold

Property Description

Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over 1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Lower level 1.78 m X 1.17 m Laundry room

Extra Room 2 Lower level 7.08 m X 3.19 m Living room

Extra Room 3 Lower level 3.44 m X 2.78 m Kitchen

Extra Room 4 Lower level 3.53 m X 2.7 m Primary Bedroom

Extra Room 5 Lower level 3.22 m X 3.06 m Bedroom 2

Extra Room 6 Main level 5.07 m X 3.69 m Living room

Interior

Heating Forced air

Cooling None, Window air conditioner

Fireplaces Number 1

Exterior

Parking Features Yes

Fence Partially fenced

View Y/N No

Attached Garage No

Total Parking Spaces 10

Garage Yes

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

Virtual Tour https://youtube.com/shorts/WuGZW7P0ahU

Listed by Royal LePage RCR Realty

James McGregor

Advisor | License ID: sgmcgreja

+1(226) 974-2144

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