502 &Amp 504 9th Street W Owen Sound, ON N4K 3P2
Listing Courtesy of: PropTX - IDX / Keller Williams Realty Centres

  502 &Amp 504 9th Street W Owen Sound, ON N4K 3P2

Active
$534,900 (CAD)
7
BED
2
BATH
2000-2500
SQFT
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Description

This one hits all the right notes: location, condition, and income--with none of the drama. 502 & 504 9th St W is a clean, income-generating up/down duplex in a prime Owen Sound neighbourhood that consistently attracts quality tenants and high rents. With a cap rate of 7.66% and zero headaches, this property does the work for you. Currently bringing in $3,800/month with tenants paying all their own utilities, your only expenses are taxes and insurance. It doesn't get more hands-off than that. Each unit is separately metered with separate entrances, separate laundry, separate outdoor space, and separate 100 amp electrical panels. The main floor unit offers 5 bedrooms and 1 bathroom, with a private fenced yard, while the upper unit features 2 bedrooms and 1 bathroom with a rooftop deck. Both units have updated plumbing and electrical, and all major capital expenditures are already done: high-efficiency furnace (2021), roof (2020), soffit/fascia/eaves with gutter guards (2025), attic insulation (2025), owned hot water tank (2025), all exterior doors (2025), vinyl flooring (2025)--and every single last window in the whole building is now an energy-efficient vinyl window. Solid stone construction, fully modernized systems, and zero deferred maintenance. Just take over and start making money. This is the kind of property that makes investing feel easy.

MLS®:
X12446062
Taxes
$2,903(2024)
Type
Multifamily
Style
2-Storey
County
Grey County
Community
Owen Sound

Listed By

Keller Williams Realty Centres
Source
PropTX - IDX
Last checked Oct 13 2025 at 9:37 PM EDT
Bathroom Details
Interior Features
  • Carpet Free
  • Storage
  • Water Heater Owned
  • Upgraded Insulation
  • Accessory Apartment
  • Separate Hydro Meter
  • Primary Bedroom - Main Floor
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Basement Information
  • Full
  • Unfinished
Pool Information
  • None
Exterior Features
  • Stone
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private Double
Stories
  • 2
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