224 7th Street E Owen Sound, Ontario N4K 1H9
$449,900
GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! 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 (Vacant) 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! Upstairs Tenants (great tenants) would like to stay if possible. 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. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time! (id:13139)
Property Details
| MLS® Number | X12053779 |
| Property Type | Multi-family |
| Community Name | Owen Sound |
| AmenitiesNearBy | Hospital, Schools |
| CommunityFeatures | Community Centre, School Bus |
| Features | Irregular Lot Size, Flat Site, Guest Suite, In-law Suite |
| ParkingSpaceTotal | 4 |
| Structure | Patio(s), Porch, Shed |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, All |
| BasementFeatures | Separate Entrance |
| BasementType | Partial |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Hospital, Schools |
| LandscapeFeatures | Landscaped |
| Sewer | Sanitary Sewer |
| SizeDepth | 102 Ft ,8 In |
| SizeFrontage | 48 Ft ,2 In |
| SizeIrregular | 48.2 X 102.7 Ft |
| SizeTotalText | 48.2 X 102.7 Ft|under 1/2 Acre |
| ZoningDescription | 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 23 2025 12:58:39
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Keller Williams Home Group Realty