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805 3rd Avenue W Owen Sound, Ontario N4K 4P4

8 Bedroom 5 Bathroom 3500 - 5000 sqft
Fireplace None Radiant Heat, Not Known

$975,000

Well-located multiplex investment property within walking distance to the library, mill dam, and farmers market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757.21, gas $3,850.19, insurance $3,626.37, hydro $1,953.51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5. (id:13139)

Property Details

MLS® Number X12992310
Property Type Multi-family
Community Name Owen Sound
AmenitiesNearBy Public Transit
Features Flat Site
ParkingSpaceTotal 9

Building

BathroomTotal 5
BedroomsAboveGround 8
BedroomsTotal 8
Amenities Fireplace(s)
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType Crawl Space, Partial, N/a (unfinished)
CoolingType None
ExteriorFinish Stone, Hardboard
FireplacePresent Yes
FireplaceTotal 1
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Radiant Heat, Not Known
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 162 Ft ,9 In
SizeFrontage 110 Ft
SizeIrregular 110 X 162.8 Ft
SizeTotalText 110 X 162.8 Ft
SurfaceWater River/stream
ZoningDescription R5

Rooms

Level Type Dimensions
Second Level Bathroom 2.59 m x 1.42 m
Second Level Bathroom 2.64 m x 2.01 m
Second Level Bathroom 2.52 m x 1.66 m
Second Level Bedroom 3.55 m x 4.68 m
Second Level Bedroom 3.56 m x 4.33 m
Second Level Bedroom 3.56 m x 3.26 m
Second Level Bedroom 3.6 m x 3.09 m
Second Level Bedroom 3.77 m x 3.77 m
Second Level Bedroom 3.6 m x 3.29 m
Second Level Dining Room 3.91 m x 3.49 m
Second Level Family Room 3.91 m x 5.33 m
Second Level Family Room 3.79 m x 4.22 m
Second Level Kitchen 2.32 m x 2.11 m
Second Level Kitchen 2.29 m x 2.74 m
Second Level Bathroom 1.76 m x 1.98 m
Second Level Bedroom 3.02 m x 3.87 m
Second Level Kitchen 3.59 m x 2.57 m
Second Level Laundry Room 3.33 m x 1.48 m
Second Level Living Room 6.24 m x 3.6 m
Basement Other 6 m x 6.8 m
Basement Other 6.24 m x 5.93 m
Basement Other 3.91 m x 4.43 m
Basement Utility Room 3.74 m x 6.46 m
Main Level Bathroom 2.24 m x 2.65 m
Main Level Sunroom 3.28 m x 6.62 m
Main Level Dining Room 3.51 m x 3.62 m
Main Level Foyer 4.1 m x 1.92 m
Main Level Kitchen 2.13 m x 2.97 m
Main Level Kitchen 3.93 m x 3.42 m
Main Level Living Room 4.11 m x 4.64 m
Main Level Living Room 6.43 m x 4.41 m
Main Level Office 2.13 m x 3.75 m
Main Level Office 3.66 m x 3.89 m
Main Level Primary Bedroom 3.7 m x 5.23 m

https://www.realtor.ca/real-estate/29597224/805-3rd-avenue-w-owen-sound-owen-sound

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