A pic from exterior of the house or condo, the street view for 1522, 1524, 152 3rd Ave, Owen Sound Ontario N4K 2L9
53 days on Market

1522, 1524, 152 3rd Ave, Owen Sound, Ontario N4K 2L9

Townhouse
-
5
~4310 sqft
$765,000
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Townhouse
-
5
~4310 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$177/sqft

Est. Mortgage$3,285/mo

Tax Amount (2023)$5,662/yr

Days On Market53 days


Description

Introducing an exceptional turn-key investment opportunity in the heart of vibrant Owen Sound. This package includes two side-by-side income producing properties: a legal triplex and a solid brick single-family house with detached shop. Offering altogether more than 4,300 square feet of rentable space, each unit comes with its own separate entrance, hydro meter, and basement. The triplex features three 2 bedroom, 1 bathroom units, while the single-family house offers 3 bedrooms, 2 bathrooms, and a detached shop with separate hydro meter poised for a potential duplex conversion with a little elbow grease. These buildings are economical to operate, and the rents are well stabilized. Generating an impressive income, this is an attractive investment opportunity in a thriving market. Situated in the heart of Owen Sound, a growing and vibrant community, and perfectly positioned to meet the strong demand for rental apartments. Offering an excellent cap rate and with room for even more value-added opportunity, this two-property package presents a great addition to your portfolio.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~4310 SqFt
Lot Size11,586 SqFt(172.29 x 67.25)
Parking Spaces8
MLS ®Number40671812
Community NameOwen Sound
Data SourceITSO
Listing byKELLER WILLIAMS REALTY CENTRES, BROKERAGE (HANOVER)

Features

Heating: Forced Air, Natural Gas, Radiator
Cooling: Other
Basement: Walk-Up Access, Partial, Unfinished

Features

Lot size: 11,586 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 7

Total parking spaces 8


Property listed by KELLER WILLIAMS REALTY CENTRES, BROKERAGE (HANOVER), Brokerage
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Population and Demographics

Overview

Total population 19772
Average household income $97,720

Age (%)

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

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%

Schools and amenities

Estimated Budget