224 7th Street E Owen Sound, Ontario N4K 1H9
$449,900
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! (id:16261)
Property Details
| MLS® Number | X12053779 |
| Property Type | Multi-family |
| Community Name | Owen Sound |
| Amenities Near By | Hospital, Schools |
| Community Features | Community Centre, School Bus |
| Features | Irregular Lot Size, Flat Site, Guest Suite, In-law Suite |
| Parking Space Total | 4 |
| Structure | Patio(s), Porch, Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, All |
| Basement Features | Separate Entrance |
| Basement Type | Partial |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 102 Ft ,8 In |
| Size Frontage | 48 Ft ,2 In |
| Size Irregular | 48.2 X 102.7 Ft |
| Size Total Text | 48.2 X 102.7 Ft|under 1/2 Acre |
| Zoning Description | Rs-1 (legal Duplex) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.76 m | 2 m | 3.76 m x 2 m |
| Second Level | Living Room | 3.96 m | 3.23 m | 3.96 m x 3.23 m |
| Second Level | Bedroom 2 | 4.17 m | 2.95 m | 4.17 m x 2.95 m |
| Second Level | Bedroom 3 | 4.17 m | 3 m | 4.17 m x 3 m |
| Main Level | Living Room | 5.08 m | 3.96 m | 5.08 m x 3.96 m |
| Main Level | Foyer | 1.22 m | 1.7 m | 1.22 m x 1.7 m |
| Main Level | Dining Room | 4.42 m | 3.4 m | 4.42 m x 3.4 m |
| Main Level | Kitchen | 4.42 m | 1 m | 4.42 m x 1 m |
| Main Level | Primary Bedroom | 3.84 m | 3.58 m | 3.84 m x 3.58 m |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28101246/224-7th-street-e-owen-sound-owen-sound
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April 09 2025 02:56:54
The Lakelands Association of REALTORS®
Keller Williams Home Group Realty