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For sale
  • C$398,500

    1379 3rd Ave E, Owen Sound, ON N4K 2L8

    5beds
    2baths
    Duplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Brick two-storey building
    NOW OFFERING VACANT POSSESSION ON THE MAIN FLOOR. PICK YOUR OWN TENANT, SET YOUR OWN RENTAL RATE. Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with an annual rental income of $40,000 last year. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.
    44 days
    on Zillow
    |
    66
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 11:42am

    Listed by:

    Keller Williams Realty Centres

    Source: TRREB,MLS®#: X12218010MLS LogoOriginating MLS®#: One Point Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater Owned
    Features
    • Separate Hydro Meter
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Living area range: 1500-2000 null

    Property

    Parking
    • Total spaces: 5
    Features
    • Stories: 2
    • Patio & porch: Patio, Porch
    • Pool features: None
    Lot
    • Size: 6,336 Square Feet
    • Features: Hospital, School, School Bus Route, Rec./Commun.Centre, Public Transit, Park, Rectangular Lot
    Details
    • Parcel number: 370550020

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Owen Sound

    Financial & listing details

    • Annual tax amount: C$2,980
    • Date on market: 6/13/2025
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