1088 8TH STREET E, Owen Sound, Ontario
$525,000
- 6 Beds
- 2 Baths
6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play. (id:56241)
- Listing ID: X13713914
- Property Type: Single Family
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Listing provided by Keller Williams Experience Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1088 8TH STREET E in Owen Sound Ontario. It was last modified on August 26th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Owen Sound homes for sale.