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!
For sale
C$449,900
224 7th St E, Owen Sound, ON N4K 1H9
3beds
2baths
Duplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Large bedroomGleaming hardwood floorsLaundry facilitiesLots of natural light
- 25 days
- on Zillow |
- 27 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 05:19am
Listed by:
Keller Williams Home Group Realty
Source: TRREB,MLS®#: X12053779
Originating MLS®#: One Point Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater
Features
- In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Guest Accommodations, Storage
- Flooring: Accessory Apartment
- Basement: Partial,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 2000-2500 null
Property
Parking
- Total spaces: 4
- Parking features: Private Double
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Landscaped, Year Round Living
- Pool features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4,942.93 Square Feet
- Features: Fenced Yard, Hospital, Library, Rec./Commun.Centre, School, School Bus Route, Irregular Lot
- Topography: Flat
Details
- Additional structures: Garden Shed
- Parcel number: 370680035
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Vinyl Siding
- Foundation: Stone
- Roof: Membrane,Flat
Utilities & green energy
- Sewer: Sewer
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Owen Sound
Financial & listing details
- Tax assessed value: C$155,000
- Annual tax amount: C$2,961
- Date on market: 4/1/2025
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