805 3rd Avenue W, Owen Sound, ON N4K 4P4
Owen Sound, ON, N4K 4P4 · Owen Sound
About this property
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.
Features & Amenities
- Basement: Crawl Space, Partial Basement, Unfinished
- Garage: Detached
- Cooling: None
- Heat Type: Radiant
- Heat Source: Gas
- Style: 2-Storey
- Construction: Stone, Hardboard
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 5 |
| Basement | Crawl Space, Partial Basement, Unfinished |
| Garage | Detached |
| Parking Spaces | 7 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $8,757 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- None
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Stone, Hardboard
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Crawl Space, Partial Basement, Unfinished
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 7
- Parking Total
- 9.00
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 162.80
- Lot Width
- 110.00
Community & Neighborhood
- Property Features
- Library, Public Transit, River/Stream
Financial & Tax
- Tax Annual Amount
- $8,757
- Tax Year
- 2025
- Tax Assessed Value
- $444,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 0
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Grey County
- Cross Street
- 3rd Ave W & 8th St W
- Directions
- 805 3rd ave West Owen Sound
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
805 3rd Avenue W, Owen Sound, ON N4K 4P4, Owen Sound, ON, N4K 4P4