850 11th Street W, Owen Sound, ON N4K 3T3
Owen Sound, ON, N4K 3T3 · Owen Sound
About this property
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over 1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.
Features & Amenities
- Basement: Finished
- Garage: Carport
- Cooling: None, Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Brick, Stone
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Finished |
| Garage | Carport |
| Parking Spaces | 8 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None, Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $3,936 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Accessory Apartment, Water Heater Owned
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Exterior Features
- Deck
- Other Structures
- Shed, Fence - Partial
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Brick, Stone
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Finished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None, Window Unit(s)
Parking & Garage
- Garage Type
- Carport
- Parking Spaces
- 8
- Parking Total
- 10.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 105.00
- Lot Width
- 125.00
Community & Neighborhood
- Property Features
- School, Public Transit
Financial & Tax
- Tax Annual Amount
- $3,936
- Tax Year
- 2026
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Rooms Below Grade
- 4
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 2
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Grey County
- Cross Street
- Alpha St. & 11th St. W.
- Directions
- Take 10th St. W and turn north onto 7th Ave. W. Turn west onto 11th St. W. Property will be on the right side on the corner of 11th St. W. and Alpha St.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
850 11th Street W, Owen Sound, ON N4K 3T3, Owen Sound, ON, N4K 3T3