805 3RD AVENUE W, Owen Sound, Ontario, N4K4P4
MLS: X12992310 | Other
$975,000
Property Description
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:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 8 (8 above)
- Bathrooms: 5
- Fireplaces: 1
- Parking: 9.0 spaces (Detached Garage, Garage)
- Frontage: 110 ft (33.5 m)
Costs
- Annual Taxes: $8,757.21 (2025)
Listing Provided by: eXp Realty
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Radiant heat, Not known, Natural gas
- Cooling: None
- Basement: Unfinished, Partial, Crawl space, N/A
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior & Construction
- Exterior: Stone, Hardboard
- Foundation: Stone
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 110 ft (33.5 m)
- Features: Flat site
- Zoning: R5
Community & Neighbourhood
- Building: Fireplace(s)
- Neighbourhood: Owen Sound
Room Details (34 rooms)
Listing Information
Listing History
MLS listing activity for 805 3RD AVENUE W, Owen Sound, Ontario, N4K4P4 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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805 3RD AVENUE W, Owen Sound, Ontario, N4K4P4