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805 3rd Avenue W Owen Sound, Ontario N4K 4P4

8 Bedroom5 Bathroom3,500 - 5,000 ft2
FireplaceNoneRadiant 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:48745)

Property Details

MLS® Number X12992310
Property TypeMulti-family
Community NameOwen Sound
Amenities Near ByPublic Transit
FeaturesFlat Site
Parking Space Total9

Building

Bathroom Total5
Bedrooms Above Ground8
Bedrooms Total8
AmenitiesFireplace(s)
AppliancesDishwasher, Dryer, Stove, Washer, Refrigerator
Basement DevelopmentUnfinished
Basement TypeCrawl Space, Partial, N/a (unfinished)
Cooling TypeNone
Exterior FinishStone, Hardboard
Fireplace PresentYes
Fireplace Total1
Foundation TypeStone
Heating FuelNatural Gas
Heating TypeRadiant Heat, Not Known
Stories Total2
Size Interior3,500 - 5,000 Ft2
TypeOther
Utility WaterMunicipal Water

Parking

Detached Garage
Garage

Land

AcreageNo
Land AmenitiesPublic Transit
SewerSanitary Sewer
Size Depth162 Ft ,9 In
Size Frontage110 Ft
Size Irregular110 X 162.8 Ft
Size Total Text110 X 162.8 Ft
Surface WaterRiver/stream
Zoning DescriptionR5

Rooms

LevelTypeDimensions
Second LevelBathroom2.59 m x 1.42 m
Second LevelBathroom2.64 m x 2.01 m
Second LevelBathroom2.52 m x 1.66 m
Second LevelBedroom3.55 m x 4.68 m
Second LevelBedroom3.56 m x 4.33 m
Second LevelBedroom3.56 m x 3.26 m
Second LevelBedroom3.6 m x 3.09 m
Second LevelBedroom3.77 m x 3.77 m
Second LevelBedroom3.6 m x 3.29 m
Second LevelDining Room3.91 m x 3.49 m
Second LevelFamily Room3.91 m x 5.33 m
Second LevelFamily Room3.79 m x 4.22 m
Second LevelKitchen2.32 m x 2.11 m
Second LevelKitchen2.29 m x 2.74 m
Second LevelBathroom1.76 m x 1.98 m
Second LevelBedroom3.02 m x 3.87 m
Second LevelKitchen3.59 m x 2.57 m
Second LevelLaundry Room3.33 m x 1.48 m
Second LevelLiving Room6.24 m x 3.6 m
BasementOther6 m x 6.8 m
BasementOther6.24 m x 5.93 m
BasementOther3.91 m x 4.43 m
BasementUtility Room3.74 m x 6.46 m
Main LevelBathroom2.24 m x 2.65 m
Main LevelSunroom3.28 m x 6.62 m
Main LevelDining Room3.51 m x 3.62 m
Main LevelFoyer4.1 m x 1.92 m
Main LevelKitchen2.13 m x 2.97 m
Main LevelKitchen3.93 m x 3.42 m
Main LevelLiving Room4.11 m x 4.64 m
Main LevelLiving Room6.43 m x 4.41 m
Main LevelOffice2.13 m x 3.75 m
Main LevelOffice3.66 m x 3.89 m
Main LevelPrimary Bedroom3.7 m x 5.23 m

https://www.realtor.ca/real-estate/29597224/805-3rd-avenue-w-owen-sound-owen-sound

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