1088 8th Street E Owen Sound, Ontario N4K 1M6
$525,000
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:13139)
Property Details
| MLS® Number | X13713914 |
| Property Type | Single Family |
| Community Name | Owen Sound |
| AmenitiesNearBy | Schools, Hospital, Public Transit |
| CommunityFeatures | Community Centre |
| EquipmentType | None |
| Features | Carpet Free |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | None |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Appliances | Water Meter, Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a, N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding, Brick |
| FlooringType | Vinyl, Tile |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| FenceType | Fully Fenced, Fenced Yard |
| LandAmenities | Schools, Hospital, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 77 Ft |
| SizeFrontage | 60 Ft ,8 In |
| SizeIrregular | 60.7 X 77 Ft |
| SizeTotalText | 60.7 X 77 Ft |
| ZoningDescription | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 3.38 m | 3.25 m | 3.38 m x 3.25 m |
| Lower Level | Bathroom | 2.59 m | 1.4 m | 2.59 m x 1.4 m |
| Lower Level | Recreational, Games Room | 3.94 m | 3.48 m | 3.94 m x 3.48 m |
| Lower Level | Laundry Room | 3.4 m | 2.54 m | 3.4 m x 2.54 m |
| Lower Level | Bedroom 4 | 3.76 m | 4.04 m | 3.76 m x 4.04 m |
| Lower Level | Bedroom 5 | 3.76 m | 2.95 m | 3.76 m x 2.95 m |
| Main Level | Foyer | 1.78 m | 2.03 m | 1.78 m x 2.03 m |
| Main Level | Living Room | 4.12 m | 3.33 m | 4.12 m x 3.33 m |
| Main Level | Dining Room | 3.73 m | 3.63 m | 3.73 m x 3.63 m |
| Main Level | Kitchen | 2.95 m | 2.39 m | 2.95 m x 2.39 m |
| Main Level | Bedroom | 3.73 m | 3.53 m | 3.73 m x 3.53 m |
| Main Level | Bedroom 2 | 3.25 m | 3.05 m | 3.25 m x 3.05 m |
| Main Level | Bedroom 3 | 3.25 m | 2.59 m | 3.25 m x 2.59 m |
| Main Level | Bathroom | 3.53 m | 1.5 m | 3.53 m x 1.5 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/30199078/1088-8th-street-e-owen-sound-owen-sound
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August 26 2026 10:59:14
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