Home with vinyl exterior material, street for 1088 8th St, Owen Sound Ontario N4K 1M6
Re-listed 11 days ago

1088 8th St, Owen Sound, Ontario N4K 1M6

Detached
6
2
~700-1100 sqft
$•••,•••
$525,000
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Detached
6
2
~700-1100 sqft

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Highlights

Property Estimate

Days on market11 days

Total days on market
41 days

Estimated valueNot available

Price/Sqft$614/sqft

Monthly cost

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Description

6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play.


Property Details

StyleBungalow
View-
Age of property-
SqFt~700-1100 SqFt
Lot Size4,673 SqFt(76.96 x 60.73)
Parking Spaces3
MLS ®NumberX13713914
Community NameOwen Sound
Data SourceTRREB
Listing byKeller Williams Experience Realty

Features

Heating: Baseboard
Basement: Sep Entrance, Finished

Main Floor

Foyer

1.78 x 2.03

Living

4.12 x 3.33

3rd Br

3.25 x 2.59

Vinyl Floor

Bathroom

3.53 x 1.5

4 Pc Bath / Tile Floor


Features

Lot size: 4,673 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
11 days on market
history photo preview45
Listing by trreb®
Property listed by Keller Williams Experience Realty, Brokerage
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Market Data - Owen Sound

Geo Zone Map ThumbnailOwen Sound

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2025

63 days

2024

51 days

2023

30 days

New Listings

Past 30 days

33 listings

Compared to

2025

26 listings

2024

51 listings

2023

28 listings

Units sold

Past 30 days

13 units

Compared to

2025

20 units

2024

23 units

2023

8 units

Median Sold Price

Past 30 days

$450,000

Compared to

2025

$485,000

2024

$485,000

2023

$537,500


Population and Demographics

Overview

Total population 19772
Average household income $97,720

Age (%)

0 to 19
19%
20 to 34
17%
35 to 49
16%
50 to 64
21%
65 and plus
27%

Household composition (%)

Single family
57%
Single person
40%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
96%
Others
3%
French
1%

House tenancy (%)

Owners
59%
Renters
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget