805 3RD AVENUE W, Owen Sound, ON N4K4P4
805 3RD AVENUE W, Owen Sound, ON N4K4P4
805 3RD AVENUE W, Owen Sound, ON N4K4P4
18
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$829,000
Est. payment /mo
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8 Beds
5 Baths
3,500 SqFt
New

805 3RD AVENUE W Owen Sound, ON N4K4P4

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Arnold Loewen

Arnold Loewen

+1(204) 380-4048

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Square Footage 3,500 sqft

Price per Sqft $236

Subdivision Owen Sound

MLS® Listing ID X13493008

Bedrooms 8

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:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.59 m X 1.42 m Bathroom

Extra Room 2 Second level 2.64 m X 2.01 m Bathroom

Extra Room 3 Second level 2.52 m X 1.66 m Bathroom

Extra Room 4 Second level 3.55 m X 4.68 m Bedroom

Extra Room 5 Second level 3.56 m X 4.33 m Bedroom

Extra Room 6 Second level 3.56 m X 3.26 m Bedroom

Interior

Heating Radiant heat,

Cooling None

Fireplaces Number 1

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 9

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Arnold Loewen

Arnold Loewen

Realtor

+1(204) 380-4048

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805 3RD AVENUE W