850 11th Street W Owen Sound, Ontario N4K 3T3
$599,000
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request. (id:16261)
Property Details
| MLS® Number | X13658490 |
| Property Type | Multi-family |
| Community Name | Owen Sound |
| Amenities Near By | Schools, Public Transit |
| Parking Space Total | 10 |
| Structure | Deck, Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | None, Window Air Conditioner |
| Exterior Finish | Brick, Stone |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Carport | |
| No Garage |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Schools, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft |
| Size Frontage | 125 Ft |
| Size Irregular | 125 X 105 Ft |
| Size Total Text | 125 X 105 Ft |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | 1.78 m | 1.17 m | 1.78 m x 1.17 m |
| Lower Level | Living Room | 7.08 m | 3.19 m | 7.08 m x 3.19 m |
| Lower Level | Kitchen | 3.44 m | 2.78 m | 3.44 m x 2.78 m |
| Lower Level | Primary Bedroom | 3.53 m | 2.7 m | 3.53 m x 2.7 m |
| Lower Level | Bedroom 2 | 3.22 m | 3.06 m | 3.22 m x 3.06 m |
| Main Level | Living Room | 5.02 m | 3.65 m | 5.02 m x 3.65 m |
| Main Level | Kitchen | 4.11 m | 3.04 m | 4.11 m x 3.04 m |
| Main Level | Dining Room | 2.28 m | 1.67 m | 2.28 m x 1.67 m |
| Main Level | Primary Bedroom | 4.26 m | 3.04 m | 4.26 m x 3.04 m |
| Main Level | Bedroom 2 | 3.04 m | 2.89 m | 3.04 m x 2.89 m |
| Main Level | Den | 3.04 m | 2.74 m | 3.04 m x 2.74 m |
https://www.realtor.ca/real-estate/30136891/850-11th-street-w-owen-sound-owen-sound
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August 11 2026 02:59:46
The Lakelands Association of REALTORS®
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