224 7th Street E Owen Sound, ON N4K 1H9
Listing Courtesy of: TORONTO IDX / Keller Williams Home Group Realty

  224 7th Street E Owen Sound, ON N4K 1H9

Active
$324,783
3
BED
2
BATH
2000-2500
SQFT

Description

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level (Vacant) has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Upstairs Tenants (great tenants) would like to stay if possible. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!

MLS®:
X12053779
Taxes
$2,961(2024)
Type
Multifamily
Style
2-Storey
Views
Trees/Woods
County
Grey County
Community
Owen Sound

Listed By

Keller Williams Home Group Realty
Source
TORONTO IDX
Last checked Apr 24 2025 at 9:48 PM EDT
Bathroom Details
Interior Features
  • Accessory Apartment
  • In-Law Suite
  • In-Law Capability
  • Water Heater
  • Primary Bedroom - Main Floor
  • Guest Accommodations
  • Storage
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Wall Unit(s)
Basement Information
  • Partial Basement
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Vinyl Siding
  • Roof: Membrane
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private Double
Stories
  • 2
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 09, 2025
Price Changed
$449,900
-10%
-50,000
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/24/25 14:48