Frontside or backside of a home, the street view for 527 8th St A, Owen Sound Ontario N4K 1N1
87 days on Market

527 8th St A, Owen Sound, Ontario N4K 1N1

Townhouse
-
2
~1920 sqft
$499,000
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Townhouse
-
2
~1920 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$259/sqft

Est. Mortgage$2,143/mo

Tax Amount (2024)$3,381/yr

Days On Market87 days


Description

Investor's Dream! Discover the perfect opportunity for an income-generating property in a prime location! This impressive and spacious duplex, nestled in a quiet, family-friendly neighborhood just steps from a wonderful community park with playground, offers an ideal setup for an owner-occupied investment. Rear unit is currently vacant and front unit set to be vacant Dec 1 making this the perfect opportunity to set your own market rents! The front unit boasts the original 2-story, 3-bedroom home, filled with character and charm. A rear addition provides a comfortable 2-bedroom, 2 level apartment with private rear yard access. This intelligent front-to-back design ensures maximum privacy, with no tenants above or below each other, creating a higher degree of separation and enjoyability for all. Separate living spaces: Enjoy the convenience and privacy of two distinct units. Modern updates: The rear unit has been freshly updated with new vinyl floors, paint, baseboards, trim, doors, and bathroom fixtures. Peace of mind: The front unit features a new roof (2023) and windows (approx. 2000), while the rear unit boasts newer shingles (2014) and furnace (2013). Cost-effective living: Both units feature in-unit laundry and separate gas and hydro meters, allowing for efficient cost management. Ample parking: Enjoy side-by-side parking with room for 4 cars. Outdoor oasis: Relax and unwind in the private backyard. Prime location: Steps from a beautiful park, with its lush greenery, playground, and open greenspace. Don't miss out on this incredible investment opportunity! Contact your REALTOR® today to schedule a viewing.


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1920 SqFt
Lot Size4,018 SqFt(82 x 49)
Parking Spaces4
MLS ®Number40655644
Community NameOwen Sound
Data SourceITSO
Listing byCENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)

Features

Heating: Forced Air, Natural Gas
Basement: Full, Unfinished

Features

Lot size: 4,018 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound), 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