537 8th Street, Owen Sound, ON Image 1

$409,000

Triplex For Sale
MLS - #X12288613
1 day ago- By RE/MAX Grey Bruce Realty Inc.

537 8th Street, Owen Sound, ON N4K 1L7

5 Bed
4 Bath
2000-2500 Sqft.
None Garage

Property Description

Property type

Triplex

Lot size

N/A

Style

2 1/2 Storey

Approx. Area

2000-2500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen3.66 x 3.05 mN/ASecond
Dining Room3.05 x 3.05 mN/ASecond
Living Room3.66 x 6.1 mN/ASecond
BathroomN/A5 Pc BathSecond

About 537 8th Street

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 apartment has been renovated and completely paintedincluding 10 pot-lights, a stackable washer & dryer and a walk in bathtub. This unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. The upper 2 floor apartment has also been recently renovated with solid oak doors and trim. The unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage and a balcony that stretches out along the front of the building. This apartment would make a great principal residence with rental income from the other two apartments. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment. 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. All windows have been recently replaced as well as a new steel roof. Each apartment has its own breaker panel & hydro meter. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. All the existing tenants would love to stay as tenants. Don't miss out on this outstanding opportunity to own a piece of Owen Sound's architectural history while enjoying excellent rental income potential.

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Apartment

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:Apartment
Cooling:None
Heating:Radiant
Parking Features:Mutual
1
Similar Homes Found
$594,900
Average Price
-31.2%
Lower than average

Price Comparison

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Location

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Walk Score for 537 8th Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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