537 8TH Street East, Owen Sound | Image 1

537 8TH Street East

Owen Sound, Owen Sound

  • Commercial

$479,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: RS1 ZH2

  • Age: No Data

  • Taxes: 3695

  • MLS®#: X10846524

  • Days on Site: 58 Days

  • Added: Oct 08, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX GREY BRUCE REALTY INC Brokerage (OS)

Welcome to this timeless 2-story red brick triplex, perfectly situated on the East Side of beautiful Owen Sound! This well-maintained property offers an excellent investment opportunity or a spacious home for multi-generational living. The classic red brick facade exudes character, combining historical charm with modern living potential. Each of the three units has been thoughtfully designed to offer comfort and privacy, boasting its own private entrance and distinct living space. The main floor unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. Upstairs, the second unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment, perfect. This triplex offers incredible versatility for investors or homeowners. Rent out all three units for strong cash flow or live in one while tenants contribute to your mortgage. Located in a quiet, established neighbourhood of Owen Sound, this property is within walking distance to local shops, restaurants, parks, and the picturesque Georgian Bay waterfront. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. Don't miss out on this outstanding opportunity to own a piece of Owen Sound's architectural history while enjoying excellent rental income potential.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Owen Sound

  • Community: Owen Sound

  • Availability Date: 60-89Days

  • Assessment Amount: $201,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 4

  • Air Conditioning: None

  • Washrooms: 4

Building

  • Basement: Y

  • Heat Type: Baseboard

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 1 S/S UNION ST PL OWEN SOUND AS IN R313916; S/T & T/W R313

  • Taxes: $3,695

Land

  • Cross Street: 537 8th St. E look f

  • Municipality District: Owen Sound

  • Parcel Number: 370690036

  • Sewer: Sewers

  • Lot Depth: 208.5 Feet

  • Lot Frontage: 35 Feet

  • Zoning: RS1 ZH2

Commercial Specific

  • Total Area: 2210

  • Total Area Metric: Sq Ft

  • Area Influence: Park

JK-8

École élémentaire catholique St-Dominique-Savio

Elementary: Catholic
0.85 km
JK-8

Alexandra Community School

Elementary: Public
1.07 km
JK-6

Dufferin Elementary School

Elementary: Public
1.01 km
JK-8

Bayview Public School

Elementary: Public
0.35 km
JK-8

Hillcrest Elementary School

Elementary: Public
1.19 km
JK-8

Sydenham Community School

Elementary: Public
1.20 km
9-12

École secondaire catholique École secondaire Saint-Dominique-Savio

Secondary: Catholic
0.85 km
9-12

Peninsula Shores District School

Secondary: Public
25.86 km
9-12

Georgian Bay Community School Secondary School

Secondary: Public
28.12 km
9-12

John Diefenbaker Senior School

Secondary: Public
46.94 km
9-12

St Mary's High School

Secondary: Catholic
1.06 km
9-12

Owen Sound District Secondary School

Secondary: Public
1.72 km
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