For Sale: 805 3rd Avenue W, Owen Sound, ON - REW
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$889,000
8 bd • 5 ba • 3500 - 4999 sf • Multifamily
805 3rd Avenue W
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$889,000
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805 3rd Avenue WOwen Sound, ON, N4K 4P4

  • 8 Bed
  • 5 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

Well-located multiplex investment property within walking distance to the library, mill dam, and farmers market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757.21, gas $3,850.19, insurance $3,626.37, hydro $1,953.51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5. (id:63626)
Listed by: SCOTT CROWTHER, Salesperson, eXp Realty

Home facts and features

Price details
List Price
$889,000
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Gross Taxes for 2025
$8,757
Home facts
Bedrooms
8
Full Bathrooms
5
Parking Spaces
9
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
162.8 feet
Frontage
110.0 feet
Exterior Finish
Stone, Hardboard
Heating Type
Radiant heat, Natural gas
Basement Details
Unfinished, Partial, Crawl space,
Features
Fireplace(s), Flat site
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
SCOTT CROWTHER
Primary Broker
eXp Realty
Listing details
Days on REW
58 Days
Property Views
15
MLS® Number
X12992310
Source
Canadian Real Estate Association
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Property Insights

Hillcrest Elementary School
  • Public
  • JK - 8
Dufferin Elementary School
  • Public
  • JK - 6
Owen Sound District Secondary School
  • Public
  • 9 - 12
Bayview Public School
  • Public
  • JK - 8
St Basil's School
  • Catholic
  • JK - 3
Riverforest Montessori School
  • Private
  • PS - 6
St Mary's High School
  • Catholic
  • 9 - 12
Timothy Christian School
  • Private
  • K - 8
Alexandra Community School
  • Public
  • JK - 8
Sydenham Community School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
SCOTT CROWTHER
Phone:
(519) 379-7192
Office:
866-530-7737
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