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537 8TH Street E, Owen Sound, Ontario, N4K 1L7

MLS® # 40659725
Investment For Sale In Owen Sound, Ontario
$479,000
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor With Exterior
537 8Th Street E, Owen Sound, ON - Outdoor With Exterior
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Other Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen With Double Sink
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Other Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor With Exterior
537 8Th Street E, Owen Sound, ON  - Outdoor
537 8Th Street E, Owen Sound, ON  - Outdoor
537 8Th Street E, Owen Sound, ON  - Outdoor With Exterior
537 8Th Street E, Owen Sound, ON  - Outdoor With Exterior
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Other Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen With Double Sink
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bedroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Living Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Other Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Laundry Room
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Kitchen
537 8Th Street E, Owen Sound, ON - Indoor Photo Showing Bathroom
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor
537 8Th Street E, Owen Sound, ON - Outdoor With Exterior
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537 8TH Street E, Owen Sound, Ontario, N4K 1L7
$479,000

Property Information:

Welcome to this timeless 2-story red brick triplex, perfectly situated on the East Side of beautiful Owen Sound! This well-maintained property offers an excellent investment opportunity or a spacious home for multi-generational living. The classic red brick facade exudes character, combining historical charm with modern living potential. Each of the three units has been thoughtfully designed to offer comfort and privacy, boasting its own private entrance and distinct living space. The main floor unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. Upstairs, the second unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment, perfect. This triplex offers incredible versatility for investors or homeowners. Rent out all three units for strong cash flow or live in one while tenants contribute to your mortgage. Located in a quiet, established neighbourhood of Owen Sound, this property is within walking distance to local shops, restaurants, parks, and the picturesque Georgian Bay waterfront. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. Don't miss out on this outstanding opportunity to own a piece of Owen Sound’s architectural history while enjoying excellent rental income potential. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Partially finished
  • Basement Type: Partial
  • Exterior Finish: Brick
  • Foundation Type: Stone
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 4
  • Access Type: Road access
  • Amenities Nearby: Hospital, Park, Playground, Schools, Shopping
  • Built in: 1905
  • Features: Shared Driveway
  • Lot Depth: 208.0 Feet
  • Lot Frontage: 35.0 Feet
  • Structure Type: Shed, Porch
  • Zoning: RS1 ZH2
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX GREY BRUCE REALTY INC Brokerage (OS)

REALTOR.ca  

Location of 537 8TH Street E, Owen Sound, Ontario, N4K 1L7

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, 537 8TH Street 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
7
2050
31

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, 537 8TH Street 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
12
2050
15

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.

Demographic Information of 537 8TH Street E, Owen Sound, Ontario, N4K 1L7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

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