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Home ON Greater Owen Sound Owen Sound
527 8TH ST A E
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527 8TH ST A E $499,000
$499,000
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527 8TH ST A E
Owen Sound, Ontario N4K1N1

MLS® Number: 40655644
5
Bedrooms
2
Bathrooms
1920
Square Feet

Listing Description

Investor's Dream! Discover the perfect opportunity for an income-generating property in a prime location! This impressive and spacious duplex, nestled in a quiet, family-friendly neighborhood just steps from a wonderful community park with playground, offers an ideal setup for an owner-occupied investment. Rear unit is currently vacant and front unit set to be vacant Dec 1 making this the perfect opportunity to set your own market rents! The front unit boasts the original 2-story, 3-bedroom home, filled with character and charm. A rear addition provides a comfortable 2-bedroom, 2 level apartment with private rear yard access. This intelligent front-to-back design ensures maximum privacy, with no tenants above or below each other, creating a higher degree of separation and enjoyability for all. Separate living spaces: Enjoy the convenience and privacy of two distinct units. Modern updates: The rear unit has been freshly updated with new vinyl floors, paint, baseboards, trim, doors, and bathroom fixtures. Peace of mind: The front unit features a new roof (2023) and windows (approx. 2000), while the rear unit boasts newer shingles (2014) and furnace (2013). Cost-effective living: Both units feature in-unit laundry and separate gas and hydro meters, allowing for efficient cost management. Ample parking: Enjoy side-by-side parking with room for 4 cars. Outdoor oasis: Relax and unwind in the private backyard. Prime location: Steps from a beautiful park, with its lush greenery, playground, and open greenspace. Don't miss out on this incredible investment opportunity! Contact your REALTOR® today to schedule a viewing. (68152487)

Location Description

8th St E from downtown to 5th Ave , turn left and follow around the east side of the park

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1920 sqft
Subdivision Name
Owen Sound
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,381.02
Total Parking Spaces
4
Time on REALTOR.ca
50 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Poured Concrete
Total Units
2
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Metal
Neighbourhood Features
Community Features
Quiet Area, School Bus
Amenities Nearby
Park, Place of Worship, Playground, Public Transit
Parking
Total Parking Spaces
4

Measurements

Square Footage
1920 sqft
Above Grade Finished
1920 sqft
Source: Other

Land

Lot Features
Frontage
49 ft
Land Depth
82 ft
Other Property Information
Access
Road access
Zoning Description
R4
Data provided by: OnePoint - Grey Bruce Owen Sound 517 10th Street, Lower Level, HANOVER, Ontario N4N 1R4

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