Becky Hunt

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224 7TH STREET E, Owen Sound, Ontario

$499,900

3 Beds
2 Baths

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:56241)

Listing ID: X12053779
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Kitchen	Second level	3.76 m x 2 m
Living room	Second level	3.96 m x 3.23 m
Bedroom 2	Second level	4.17 m x 2.95 m
Bedroom 3	Second level	4.17 m x 3 m
Living room	Main level	5.08 m x 3.96 m
Foyer	Main level	1.22 m x 1.7 m
Dining room	Main level	4.42 m x 3.4 m
Kitchen	Main level	4.42 m x 1 m
Primary Bedroom	Main level	3.84 m x 3.58 m

Details

Amenities Nearby: Hospital, Schools
Community Features: Community Centre, School Bus
Features: Irregular lot size, Flat site, Guest Suite, In-Law Suite
Parking Spaces: 4
Structure: Patio(s), Porch, Shed
Transaction: For sale
Zoning Description: RS-1 (Legal Duplex)

Building

Appliances: Water Heater, All
BasementType: Partial
Basement Features: Separate entrance
Bedrooms Main Level: 3
Cooling: Wall unit
Exterior Finish: Brick, Vinyl siding
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Stone
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1999.983 - 2499.9795 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Amenities: Hospital, Schools
Fence: Fenced yard
Landscape Features: Landscaped
Sewer: Sanitary sewer
Size Frontage: 48 ft ,2 in
Size Irregular: 48.2 x 102.7 FT

Listing provided by Keller Williams Home Group Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 224 7TH STREET E in Owen Sound Ontario. It was last modified on April 1st, 2025. Contact Becky Hunt to schedule a viewing or to discover other Owen Sound real estate for sale.

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