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.
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
- 44 days
- on Zillow |
- 66 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 11:42am
Listed by:
Keller Williams Realty Centres
Source: TRREB,MLS®#: X12218010
Originating 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
- Loading