Unknown for 537 8th St #3, Owen Sound Ontario N4K 1L7
76 days on Market

537 8th St #3, Owen Sound, Ontario N4K 1L7

Townhouse
5
4
~2000-2500 sqft
$•••,•••
$419,900
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Townhouse
5
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$188/sqft

Est. Mortgage$1,803/mo

Tax Amount (2024)$3,839/yr

Days On Market76 days


Description

Welcome to this timeless 2-story red brick triplex, perfectly situated on the East Side of beautiful Owen Sound! This well-maintained property offers an excellent investment opportunity or a spacious home for multi-generational living. The classic red brick facade exudes character, combining historical charm with modern living potential. Each of the three units has been thoughtfully designed to offer comfort and privacy, boasting its own private entrance and distinct living space. The main floor apartment has been renovated and completely paintedincluding 10 pot-lights, a stackable washer & dryer and a walk in bathtub. This unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. The upper 2 floor apartment has also been recently renovated with solid oak doors and trim. The unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage and a balcony that stretches out along the front of the building. This apartment would make a great principal residence with rental income from the other two apartments. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment. This triplex offers incredible versatility for investors or homeowners. Rent out all three units for strong cash flow or live in one while tenants contribute to your mortgage. All windows have been recently replaced as well as a new steel roof. Each apartment has its own breaker panel & hydro meter. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. All the existing tenants would love to stay as tenants. Don't miss out on this outstanding opportunity to own a piece of Owen Sound's architectural history while enjoying excellent rental income potential.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size7,297 SqFt(208.5 x 35)
Parking Spaces3
MLS ®NumberX12035639
Community NameOwen Sound
Data SourceTRREB
Listing byRE/MAX Grey Bruce Realty Inc.

Features

Heating: Radiant
Basement: Apartment

2nd Floor

Kitchen

3.66 x 3.05

Dining

3.05 x 3.05

Living

3.66 x 6.1

Bathroom

0.0 x 0.0

5 Pc Bath


Features

Lot size: 7,297 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Mar 22, 2025
ListedActive
$419,900
76 days on market
history photo preview36
Listing by trreb®
Property listed by RE/MAX Grey Bruce Realty Inc., 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