527 8TH ST A East, Owen Sound | Image 1

527 8TH ST A East

Owen Sound, Owen Sound

  • Commercial

$499,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4

  • Age: 51-99 years

  • Taxes: 3381.02

  • MLS®#: X10846603

  • Days on Site: 65 Days

  • Added: Oct 01, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)

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.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Owen Sound

  • Community: Owen Sound

  • Availability Date: Flexible

  • Assessment Amount: $177,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 2

  • Air Conditioning: None

  • Washrooms: 2

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 11 PL 173 OWEN SOUND EXCEPT S 30 FT; OWEN SOUND

  • Taxes: $3,381

  • Insurance Fee: 2649

  • Other Expenses: 65

Land

  • Cross Street: 8th St E from downto

  • Municipality District: Owen Sound

  • Parcel Number: 370720111

  • Sewer: Sewers

  • Lot Depth: 82 Feet

  • Lot Frontage: 49 Feet

  • Zoning: R4

Commercial Specific

  • Total Area: 1920

  • Total Area Metric: Sq Ft

  • Area Influence: Park

  • Area Influence: Public Transit

  • Tangible Property Included: Y

JK-8

École élémentaire catholique St-Dominique-Savio

Elementary: Catholic
0.85 km
JK-8

Alexandra Community School

Elementary: Public
0.96 km
JK-6

Dufferin Elementary School

Elementary: Public
0.98 km
JK-8

Bayview Public School

Elementary: Public
0.48 km
JK-8

Hillcrest Elementary School

Elementary: Public
1.23 km
JK-8

Sydenham Community School

Elementary: Public
1.16 km
9-12

École secondaire catholique École secondaire Saint-Dominique-Savio

Secondary: Catholic
0.85 km
9-12

Peninsula Shores District School

Secondary: Public
25.77 km
9-12

Georgian Bay Community School Secondary School

Secondary: Public
28.09 km
9-12

John Diefenbaker Senior School

Secondary: Public
47.07 km
9-12

St Mary's High School

Secondary: Catholic
0.93 km
9-12

Owen Sound District Secondary School

Secondary: Public
1.73 km
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