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$599,000
Available - For Sale
Listing ID: X13646656
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.
Price $599,000
Taxes: $3,935.73
Assessment Year: 2025
Occupancy by: Tenant
Address: 850 11th Street West , Owen Sound, N4K 3T3, Grey County
Directions/Cross Streets: Alpha St. & 11th St. W.
Rooms: 6
Rooms +: 4
Bedrooms: 2
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 16.63 12.10
Room 2: Main Kitchen 13.48 9.74
Room 3: Main Dining Ro 7.64 6.17
Room 4: Main Primary B 13.71 9.77
Room 5: Main Bedroom 2 9.87 9.64
Room 6: Main Den 9.87 8.95
Room 7: Lower Living Ro 23.22 10.46 Combined w/Dining
Room 8: Lower Kitchen 11.28 9.12
Room 9: Lower Primary B 11.58 8.86
Room 10: Lower Bedroom 2 10.56 10.04
Room 11: Lower Laundry 5.84 3.84
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Lower
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  4 Lower
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  4 Lower
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Stone
Garage Type: Carport
(Parking/)Drive: Private
Drive Parking Spaces: 8
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Shed, Fence -
Approximatly Square Footage: 700-1100
Property Features: School
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: None, Windo
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Royal LePage RCR Realty

850 11th Street West , Owen Sound, N4K 3T3, Grey County

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Detached
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: Bungalow
Lot Size: x 105.00(Feet)
Approximate Age:
Tax: $3,935.73
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949