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850 11th Street W Owen Sound, Ontario N4K 3T3

4 Bedroom 2 Bathroom 700 - 1100 sqft
Bungalow Fireplace None, Window Air Conditioner Forced Air

$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 over 1,000 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:13139)

Property Details

MLS® Number X13646656
Property Type Single Family
Community Name Owen Sound
AmenitiesNearBy Schools, Public Transit
ParkingSpaceTotal 10
Structure Deck, Shed

Building

BathroomTotal 2
BedroomsAboveGround 2
BedroomsBelowGround 2
BedroomsTotal 4
Amenities Fireplace(s)
Appliances Water Heater, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType None, Window Air Conditioner
ExteriorFinish Brick, Stone
FireplacePresent Yes
FireplaceTotal 1
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 700 - 1100 Sqft
Type House
UtilityWater Municipal Water

Parking

Carport
No Garage

Land

Acreage No
FenceType Partially Fenced
LandAmenities Schools, Public Transit
Sewer Sanitary Sewer
SizeDepth 105 Ft
SizeFrontage 125 Ft
SizeIrregular 125 X 105 Ft
SizeTotalText 125 X 105 Ft
ZoningDescription R1

Rooms

Level Type Dimensions
Lower Level Laundry Room 1.78 m x 1.17 m
Lower Level Living Room 7.08 m x 3.19 m
Lower Level Kitchen 3.44 m x 2.78 m
Lower Level Primary Bedroom 3.53 m x 2.7 m
Lower Level Bedroom 2 3.22 m x 3.06 m
Main Level Living Room 5.02 m x 3.65 m
Main Level Kitchen 4.11 m x 3.04 m
Main Level Dining Room 2.28 m x 1.67 m
Main Level Primary Bedroom 4.26 m x 3.04 m
Main Level Bedroom 2 3.04 m x 2.89 m
Main Level Den 3.04 m x 2.74 m

https://www.realtor.ca/real-estate/30124003/850-11th-street-w-owen-sound-owen-sound

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