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Home ON Greater Owen Sound Owen Sound
224 7TH Street E
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224 7TH Street E $475,000
2 days ago
$475,000
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224 7TH Street E
Owen Sound, Ontario N4K1H9

MLS® Number: 40654520
3 + 0
Bedrooms
2
Bathrooms
2400
Square Feet

Listing Description

GREAT MONEY MAKER AND A SOLID BUILDING !! TURN KEY - Upper 2 bedroom unit is vacant and lower 1 bedroom unit is rented for $1600/ month. Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Currently only lower unit is tenanted with rent increasing to $1640 per month incl. Nov 1st. Tenant would like to stay if possible. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. (68131478)

Location Description

From Main Street (2nd Ave.E.) turn East on to 7th Street East, first place on North side of street.

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
2400 sqft
Subdivision Name
Owen Sound
Title
Freehold
Land Size
under 1/2 acre
Built in
1885
Annual Property Taxes
$2,849
Total Parking Spaces
4
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Refrigerator, Stove
Basement Type
Full (Partially finished)
Building Features
Features
Southern exposure, Paved driveway, In-Law Suite
Foundation Type
Stone
Style
Detached
Architecture Style
2 Level
Rental Equipment
Water Heater
Structures
Shed
Total Units
0
Heating & Cooling
Cooling
Window air conditioner
Heating Type
Forced air, (Natural gas)
Utilities
Utility Type
Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Park, Public Transit, Schools
Parking
Total Parking Spaces
4

Measurements

Square Footage
2400 sqft
Above Grade Finished
2200 sqft
Source: Listing Brokerage
Below Grade Finished
200 sqft
Source: Other

Rooms

MetricImperial
Main level
Foyer
Primary Bedroom
3pc Bathroom
Kitchen
Dining room
Foyer
Living room
Second level
Bedroom
Bedroom
Living room
3pc Bathroom
Kitchen

Land

Lot Features
Fencing
Partially fenced
Frontage
48 ft
Land Depth
103 ft
Other Property Information
Access
Road access
Zoning Description
RS-1
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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