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$975,000
Available - For Sale
Listing ID: X12992310
Well-located multiplex investment property within walking distance to the library, mill dam, and farmers market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757.21, gas $3,850.19, insurance $3,626.37, hydro $1,953.51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.
Price $975,000
Taxes: $8,757.21
Assessment Year: 2025
Occupancy by: Tenant
Address: 805 3rd Avenue West , Owen Sound, N4K 4P4, Grey County
Directions/Cross Streets: 3rd Ave W & 8th St W
Rooms: 0
Bedrooms: 8
Bedrooms +: 0
Washrooms: 5
Family Room: F
Basement: Crawl Space
Partial Base
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bathroom 7.35 8.69 3 Pc Bath
Room 2: Main Dining Ro 11.51 11.87
Room 3: Main Foyer 13.45 6.30
Room 4: Main Kitchen 6.99 9.74
Room 5: Main Kitchen 12.89 11.22
Room 6: Main Living Ro 13.48 15.22
Room 7: Main Living Ro 21.09 14.46
Room 8: Main Office 6.99 12.30
Room 9: Main Office 12.00 12.76
Room 10: Main Primary B 12.14 17.15
Room 11: Main Sunroom 10.76 21.71
Room 12: Second Bathroom 8.50 4.66 4 Pc Bath
Room 13: Second Bathroom 8.66 6.59 4 Pc Bath
Room 14: Second Bathroom 8.27 5.44
Room 15: Second Bedroom 11.64 15.35
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Second
Washroom 3:  4 Second
Washroom 4:  4 Second
Washroom 5:  4 Second
Washroom 6:  3 Main
Washroom 7:  4 Second
Washroom 8:  4 Second
Washroom 9:  4 Second
Washroom 10:  4 Second
Washroom 11:  3 Main
Washroom 12:  4 Second
Washroom 13:  4 Second
Washroom 14:  4 Second
Washroom 15:  4 Second
Washroom 16:  3 Main
Washroom 17:  4 Second
Washroom 18:  4 Second
Washroom 19:  4 Second
Washroom 20:  4 Second
Property Type: Multiplex
Style: 2-Storey
Exterior: Stone
Hardboard
Garage Type: Detached
Drive Parking Spaces: 7
Pool: None
Approximatly Square Footage: 3500-5000
Property Features: Library
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: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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eXp Realty

805 3rd Avenue West , Owen Sound, N4K 4P4, Grey County

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Freehold - Multiplex
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: 2-Storey
Lot Size: x 162.80(Feet)
Approximate Age:
Tax: $8,757.21
Maintenance Fee: $0
Beds: 8
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908