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    For Sale - 805 3rd Avenue, Owen Sound, Ontario

    Est payment $3,981/mo
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    Views   3
    Time on Jump  10 day

    AI Summary *

    • Prime location near library, mill dam, and farmers' market.
    • Five units across two buildings with a total of 5,464 sq ft.
    • Detached one-bedroom unit above carriage house offers extra rental opportunity.
    • Ample parking with a stamped concrete driveway and separate hydro meters.
    • On-site tenant may continue snow removal and lawn care services.




    Well-located multiplex investment property within walking distance to the library, mill dam, and farmers' market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in november 2022 by nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757. 21, gas $3,850. 19, insurance $3,626. 37, hydro$1,953. 51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157. 96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned r5.
    Listing IDX13493008
    Address805 3rd Avenue
    CityOwen Sound, Ontario
    Price$829,000
    Bed / Bath8 / 5 Full
    Style2-Storey, Multiplex
    ConstructionStone, Hardboard
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneAmenities Library, Public Transit, River/Stream, Rec./Commun.Centre, Hospital, Arts CentreOwnership FreeholdWaterfront NoneBasement Crawl Space, Partial Basement, UnfinishedFoundation StoneHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Agency:  eXp Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    805 3rd Avenue
    Owen Sound , Ontario
    8 5 $829,000
    Get more info