More Photos More Photos

Second Floor Balcony off Primary Bedroom

Main Floor Living Room and Hallwayt to Bedrooms

Second Floor Primary Bedroom with W/O to Balcony

Entry Foyer and Stairway to Second Floor Unit

Owners Utility Room - new Electrical Panel

Owners Utility Room - new separate water meters

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For Sale - 221 Owen Sound Street, Shelburne, Ontario

221 Owen Sound Street

Shelburne , Ontario

6 3 $849,000

Est payment $4,077/mo

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Down Payment:
$ 42,450 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Legal triplex. 6. 8% cap rate. This iconic building located in the growing municipality of shelburne has been completed renovated top to bottom, creating a 3 bedroom unit, a 2 bedroom unit and a 1 bedroom basement walkout unit. Opportunity for owner occupied as the main floor 3 bedroom unit has recently become vacant. The upper 2 bedroom and basement 1 bedroom are currently occupied with good tenants who would like to stay - income from those two units is $3400 per month. With 15% down payment the mortgage payment is $3430 (30 year amortization @3. 7%) great opportunity for first time home buyer to get into the market. Gross rent is $5600 fully tenanted. All units have their own laundry facilities, separate hydro meters and separate water meters. Luxury vinyl plank flooring throught all units. One parking space for each tenant. Located close shelburne's downtown - also walking distance to schools and recreation facilities. Please note: main floor unit is vacant and can be viewed. Upper and basement units are finished in a similar manner as per the photos. Showing of the tenanted spaces upon accepted offer. Floor plans and zoning approval are in the photos.

Listing IDX13637276

Address221 Owen Sound Street

CityShelburne, Ontario

Price$849,000

Bed / Bath6 / 3 Full

StyleInvestment

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype InvestmentBasement 1Heating / Cooling Gas Forced Air ClosedHeating Fuel GasSewer Sanitary+Storm

Market Info

Listing Agency:
RE/MAX REAL ESTATE CENTRE INC.

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Listing Agency:
RE/MAX REAL ESTATE CENTRE INC.

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For Sale - 221 Owen Sound Street, Shelburne, Ontario

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