$449,900
Available - For Sale
Listing ID: X12053779
224 7th Stre East , Owen Sound, N4K 1H9, Grey County
| GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! 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 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! Tenants would like to stay if possible. Lower tenant month to month and would require 60d notice to leave. 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 and lower 1 bedroom unit is rented for $1640/ month inclusive. Great tenants - no Tenant Disputes. Tenants always pay on time! |
| Price | $449,900 |
| Taxes: | $2961.00 |
| Assessment Year: | 2025 |
| Occupancy by: | Tenant |
| Address: | 224 7th Stre East , Owen Sound, N4K 1H9, Grey County |
| Acreage: | < .50 |
| Directions/Cross Streets: | From Main Street (2nd Ave.E.) turn East on to 7th Street East, first place on North side of street. |
| Rooms: | 9 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Partial Base, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.66 | 12.99 | |
| Room 2 | Main | Foyer | 4 | 5.58 | |
| Room 3 | Main | Dining Ro | 14.5 | 11.15 | |
| Room 4 | Main | Kitchen | 14.5 | 3.28 | |
| Room 5 | Main | Primary B | 12.6 | 11.74 | |
| Room 6 | Second | Kitchen | 12.33 | 6.56 | |
| Room 7 | Second | Living Ro | 12.99 | 10.59 | |
| Room 8 | Second | Bedroom 2 | 13.68 | 9.68 | |
| Room 9 | Second | Bedroom 3 | 13.68 | 9.84 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Fenced Yard, Hospital |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Keller Williams Home Group Realty |
|
|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Grey County |
| Municipality: | Owen Sound |
| Neighbourhood: | Owen Sound |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $2,961 |
| Beds: | 3 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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