527 8Th St A E, Owen Sound, ON, N4K 1N1 - investment for sale | Listing ID 40655644

527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

MLS® # 40655644

Investment For Sale In Owen Sound, Ontario

$499,000

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527 8Th St A E, Owen Sound, ON - Outdoor

527 8Th St A E, Owen Sound, ON - Outdoor With View

527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Rear Unit Kitchen - 527 8Th St A E, Owen Sound, ON - Indoor

Pantry area - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Living room - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Bathroom - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Bathroom

Bed 1 - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Bed 2 - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Foyer, Front Unit - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Other Room

Dining Room, Front Unit - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Dining Room

Living Room, Front Unit - 527 8Th St A E, Owen Sound, ON - Indoor Photo Showing Living Room

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Home Insurance - TD Insurance

Get a home insurance quote online for this $499,000 property in Owen Sound

Provided by TD Insurance

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527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

$499,000

Property Information:

Investor's Dream! Discover the perfect opportunity for an income-generating property in a prime location! This impressive and spacious duplex, nestled in a quiet, family-friendly neighborhood just steps from a wonderful community park with playground, offers an ideal setup for an owner-occupied investment. Rear unit is currently vacant and front unit set to be vacant Dec 1 making this the perfect opportunity to set your own market rents! The front unit boasts the original 2-story, 3-bedroom home, filled with character and charm. A rear addition provides a comfortable 2-bedroom, 2 level apartment with private rear yard access. This intelligent front-to-back design ensures maximum privacy, with no tenants above or below each other, creating a higher degree of separation and enjoyability for all. Separate living spaces: Enjoy the convenience and privacy of two distinct units. Modern updates: The rear unit has been freshly updated with new vinyl floors, paint, baseboards, trim, doors, and bathroom fixtures. Peace of mind: The front unit features a new roof (2023) and windows (approx. 2000), while the rear unit boasts newer shingles (2014) and furnace (2013). Cost-effective living: Both units feature in-unit laundry and separate gas and hydro meters, allowing for efficient cost management. Ample parking: Enjoy side-by-side parking with room for 4 cars. Outdoor oasis: Relax and unwind in the private backyard. Prime location: Steps from a beautiful park, with its lush greenery, playground, and open greenspace. Don't miss out on this incredible investment opportunity! Contact your REALTOR® today to schedule a viewing. (id:27)

Building Features:

Style: Multiplex
Building Type: Duplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Brick, Metal
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Bedrooms: 5
Bathrooms: 2
Access Type: Road access
Amenities Nearby: Park, Playground, Public Transit
Community Features: Quiet Area, School Bus
Lot Depth: 82.0 Feet
Lot Frontage: 49.0 Feet
Zoning: R4
Sewer: Municipal sewage system
No. of Parking Spaces: 4

Courtesy of: CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)

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Market Price Trends

Location of 527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

42/100

Moderate

ClimateCheck®

Current data

This property, 527 8TH ST A E , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past

29.7℃

2050

33.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

73/100

Moderate-High

ClimateCheck®

Current data

This property, 527 8TH ST A E , experiences 12 significant 2-day storms per year, with about 337.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 431mm of precipitation per year.

Precipitation Per Storm

Past

337.6mm

2050

431mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,193.96

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.81 %

High school certificate or equivalent

29.49 %

Apprenticeship trade certificate/diploma

6.65 %

College/non-university certificate

29.1 %

University certificate (below bachelor)

0.24 %

University Degree

16.72 %

Commuter

Travel To Work

By Car

73.69 %

By Public Transit

0.04 %

By Walking

8.35 %

By Bicycle

0.0 %

By Other Methods

17.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

32.77 %

Houses

67.23 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

527 8TH ST A E, Owen Sound, Ontario, N4K 1N1

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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