8 Bedroom
5 Bathroom
3,500 - 5,000 ft2
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:45443)
Property Details
|
MLS® Number
|
X12992310 |
|
Property Type
|
Multi-family |
|
Community Name
|
Owen Sound |
|
Amenities Near By
|
Public Transit |
|
Features
|
Flat Site |
|
Parking Space Total
|
9 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
8 |
|
Bedrooms Total
|
8 |
|
Amenities
|
Fireplace(s) |
|
Appliances
|
Dishwasher, Dryer, Stove, Washer, Refrigerator |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Crawl Space, Partial, N/a (unfinished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Stone, Hardboard |
|
Fireplace Present
|
Yes |
|
Fireplace Total
|
1 |
|
Foundation Type
|
Stone |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat, Not Known |
|
Stories Total
|
2 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
162 Ft ,9 In |
|
Size Frontage
|
110 Ft |
|
Size Irregular
|
110 X 162.8 Ft |
|
Size Total Text
|
110 X 162.8 Ft |
|
Surface Water
|
River/stream |
|
Zoning Description
|
R5 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bathroom |
2.59 m |
1.42 m |
2.59 m x 1.42 m |
|
Second Level |
Bathroom |
2.64 m |
2.01 m |
2.64 m x 2.01 m |
|
Second Level |
Bathroom |
2.52 m |
1.66 m |
2.52 m x 1.66 m |
|
Second Level |
Bedroom |
3.55 m |
4.68 m |
3.55 m x 4.68 m |
|
Second Level |
Bedroom |
3.56 m |
4.33 m |
3.56 m x 4.33 m |
|
Second Level |
Bedroom |
3.56 m |
3.26 m |
3.56 m x 3.26 m |
|
Second Level |
Bedroom |
3.6 m |
3.09 m |
3.6 m x 3.09 m |
|
Second Level |
Bedroom |
3.77 m |
3.77 m |
3.77 m x 3.77 m |
|
Second Level |
Bedroom |
3.6 m |
3.29 m |
3.6 m x 3.29 m |
|
Second Level |
Dining Room |
3.91 m |
3.49 m |
3.91 m x 3.49 m |
|
Second Level |
Family Room |
3.91 m |
5.33 m |
3.91 m x 5.33 m |
|
Second Level |
Family Room |
3.79 m |
4.22 m |
3.79 m x 4.22 m |
|
Second Level |
Kitchen |
2.32 m |
2.11 m |
2.32 m x 2.11 m |
|
Second Level |
Kitchen |
2.29 m |
2.74 m |
2.29 m x 2.74 m |
|
Second Level |
Bathroom |
1.76 m |
1.98 m |
1.76 m x 1.98 m |
|
Second Level |
Bedroom |
3.02 m |
3.87 m |
3.02 m x 3.87 m |
|
Second Level |
Kitchen |
3.59 m |
2.57 m |
3.59 m x 2.57 m |
|
Second Level |
Laundry Room |
3.33 m |
1.48 m |
3.33 m x 1.48 m |
|
Second Level |
Living Room |
6.24 m |
3.6 m |
6.24 m x 3.6 m |
|
Basement |
Other |
6 m |
6.8 m |
6 m x 6.8 m |
|
Basement |
Other |
6.24 m |
5.93 m |
6.24 m x 5.93 m |
|
Basement |
Other |
3.91 m |
4.43 m |
3.91 m x 4.43 m |
|
Basement |
Utility Room |
3.74 m |
6.46 m |
3.74 m x 6.46 m |
|
Main Level |
Bathroom |
2.24 m |
2.65 m |
2.24 m x 2.65 m |
|
Main Level |
Sunroom |
3.28 m |
6.62 m |
3.28 m x 6.62 m |
|
Main Level |
Dining Room |
3.51 m |
3.62 m |
3.51 m x 3.62 m |
|
Main Level |
Foyer |
4.1 m |
1.92 m |
4.1 m x 1.92 m |
|
Main Level |
Kitchen |
2.13 m |
2.97 m |
2.13 m x 2.97 m |
|
Main Level |
Kitchen |
3.93 m |
3.42 m |
3.93 m x 3.42 m |
|
Main Level |
Living Room |
4.11 m |
4.64 m |
4.11 m x 4.64 m |
|
Main Level |
Living Room |
6.43 m |
4.41 m |
6.43 m x 4.41 m |
|
Main Level |
Office |
2.13 m |
3.75 m |
2.13 m x 3.75 m |
|
Main Level |
Office |
3.66 m |
3.89 m |
3.66 m x 3.89 m |
|
Main Level |
Primary Bedroom |
3.7 m |
5.23 m |
3.7 m x 5.23 m |
https://www.realtor.ca/real-estate/29597224/805-3rd-avenue-w-owen-sound-owen-sound