Home with brick exterior material, building for 224 7th St, Owen Sound Ontario N4K 1H9
66 days on Market

224 7th St, Owen Sound, Ontario N4K 1H9

Townhouse
3
2
~2000-2500 sqft
$•••,•••
$449,900
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Townhouse
3
2
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$202/sqft

Est. Mortgage$1,932/mo

Tax Amount (2024)$2,961/yr

Days On Market66 days


Description

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level (Vacant) has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Upstairs Tenants (great tenants) would like to stay if possible. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!


Property Details

Style2-Storey
ViewTrees/Woods
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size4,942 SqFt(102.657 x 48.15)
Parking Spaces4
MLS ®NumberX12053779
Community NameOwen Sound
Data SourceTRREB
Listing byKeller Williams Home Group Realty

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Part Bsmt, Sep Entrance

Main Floor

Foyer

1.22 x 1.7

Dining

4.42 x 3.4

Kitchen

4.42 x 1.0

Primary

3.84 x 3.58


Features

Lot size: 4,942 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by Keller Williams Home Group Realty, Brokerage
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Market Data - Owen Sound

Geo Zone Map ThumbnailOwen Sound

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

77 days

Compared to

2024

48 days

2023

16 days

2022

0 day

New Listings

Past 30 days

8 listings

Compared to

2024

5 listings

2023

2 listings

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

1 unit

2022

0 unit

Median Sold Price

Past 30 days

$580,000

Compared to

2024

$508,000

2023

$449,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget