1088 8th Street East, Owen Sound, Ontario N4K1M6
Listing courtesy of Keller Williams Experience Realty.
- $525,000
- 6
- BD
- 2
- BA
- List Price
- $525,000
- MLS®
- X13713914
- Days on Market
- 3
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 6
- Bathrooms
- 2
- Lot Size Dimensions
- 60.7 x 77 FT
- Subdivision
- Owen Sound
Property Description
6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play. (id:5764)
Additional Information
- Ownership
- Freehold
- Subdivision
- Owen Sound
- Parking Spaces
- 3
- Cooling
- None
- Country
- Canada
- Flooring
- Tile, Vinyl
- Sewer
- Sanitary sewer
- Community Features
- Community Centre
- Heating
- Baseboard heaters, Natural gas
- Lot Features
- Carpet Free
- Architectural Style
- Bungalow
- Stories
- 1
