855 5TH A Avenue East, Owen Sound | Image 1

855 5TH A Avenue East

Owen Sound, Owen Sound

  • Commercial

$564,900
For Sale

Added 4 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R1-7ZH2

  • Age: No Data

  • Taxes: 3916

  • MLS®#: X11975459

  • Days on Site: 3 Days

  • Added: Feb 17, 2025 (4 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Sutton-Sound Realty

Attention Investors : Great Cap Rate ! Well maintained Triplex in a quiet residential area of Owen Sound with excellent existing tenants. Great location and easy walking distance to downtown, Rec Center, College and the Hospital. Features a main floor 2 bedroom unit, 2nd floor 2 bedroom unit and a 3rd floor 1 bedroom unit. (see documents for floor plans) Upgrades include Centennial Windows (2014), Hygrade Steel Roofing System (2013), Viessman Boiler and Hot Water Tank (2015). Separate hydro meters. Tenants pay hydro. Current rents are 1) Main floor - $1800 plus *Will be vacant April 1/25 * , 2) 2nd floor - $1418.34 plus and 3) 3rd floor - $1400 plus

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 42285

  • Area: Owen Sound

  • Community: Owen Sound

  • Availability Date: Immediate

  • Assessment Amount: $205,000

  • Assessment Year: 2025

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 7 PL 176 OWEN SOUND; SLY 23 FT LT 6 PL 176 OWEN SOUND; OWEN S

  • Taxes: $3,916

  • Expenses: Act

  • Insurance Fee: 3110

  • Operating Fees: 13136

  • Other Expenses: 4170

  • Taxes Type: Annual

  • Taxes: 3916

  • Tax Year: 2024

Land

  • Cross Street: 5th Ave A E and 8th

  • Municipality District: Owen Sound

  • Parcel Number: 370720106

  • Sewer: Sanitary

  • Lot Depth: 140 Feet

  • Lot Frontage: 65 Feet

  • Zoning: R1-7ZH2

Commercial Specific

  • Total Area: 2740

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Building

  • Gross Income/Sales: 55420

Car-Dependent

  • Most errands require a car.
32 /100

Somewhat Bikeable

  • Most errands require a car.
39 /100
Map of 855 5TH A Avenue East, Owen Sound
JK-8

École élémentaire catholique St-Dominique-Savio

Elementary: Catholic
2.08 km
JK-8

Alexandra Community School

Elementary: Public
2.35 km
JK-6

Dufferin Elementary School

Elementary: Public
1.18 km
JK-8

Bayview Public School

Elementary: Public
1.25 km
JK-3

St Basil's Separate School

Elementary: Catholic
1.11 km
JK-8

Hillcrest Elementary School

Elementary: Public
0.55 km
9-12

École secondaire catholique École secondaire Saint-Dominique-Savio

Secondary: Catholic
2.08 km
9-12

Peninsula Shores District School

Secondary: Public
25.76 km
9-12

Georgian Bay Community School Secondary School

Secondary: Public
29.33 km
9-12

John Diefenbaker Senior School

Secondary: Public
46.02 km
9-12

St Mary's High School

Secondary: Catholic
2.19 km
9-12

Owen Sound District Secondary School

Secondary: Public
1.04 km

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