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Home ON Greater Owen Sound Owen Sound
224 7TH STREET E
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224 7TH STREET E $449,900
$449,900
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224 7TH STREET E
Owen Sound, Ontario N4K1H9

MLS® Number: X12053779
3
Bedrooms
2
Bathrooms
2000 - 2500
Square Feet

Listing Description

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Tenants would like to stay if possible. Lower tenant month to month and would require 60d notice to leave. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive and lower 1 bedroom unit is rented for $1640/ month inclusive. Great tenants - no Tenant Disputes. Tenants always pay on time! (40155025)

Location Description

From Main Street (2nd Ave.E.) turn East on to 7th Street East, first place on North side of street.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
Owen Sound
Land Size
48.2 x 102.7 FT|under 1/2 acre
Age Of Building
51 to 99 years
Annual Property Taxes
$2,961
Parking Type
No Garage
Time on REALTOR.ca
11 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, All
Basement Features
Separate entrance
Basement Type
Partial
Building Features
Features
Irregular lot size, Flat site, Guest Suite, In-Law Suite
Foundation Type
Stone
Fire Protection
Smoke Detectors
Structures
Patio(s), Porch, Shed
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Hospital, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
2000 - 2500 sqft

Rooms

MetricImperial
Main level
Living room
Foyer
Dining room
Kitchen
Primary Bedroom
Second level
Kitchen
Living room
Bedroom 2
Bedroom 3

Land

Lot Features
Fencing
Fenced yard
Frontage
48 ft ,2 in
Land Depth
102 ft ,8 in
Landscape Features
Landscaped
Other Property Information
Zoning Description
RS-1 (Legal Duplex)
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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