224 7th Street, Owen Sound, ON Image 1

$499,900

Duplex For Sale
MLS - #X12053779
3 days ago- By Keller Williams Home Group Realty

224 7th Street, Owen Sound, ON N4K 1H9

3 Bed
2 Bath
2000-2500 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

< .50

Style

2-Storey

Approx. Area

2000-2500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room5.08 x 3.96 mN/AMain
Foyer1.22 x 1.7 mN/AMain
Dining Room4.42 x 3.4 mN/AMain
Kitchen4.42 x 1 mN/AMain

About 224 7th Street

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! 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 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! Tenants would like to stay if possible. Lower tenant month to month and would require 60d notice to leave. 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 and lower 1 bedroom unit is rented for $1640/ month inclusive. Great tenants - no Tenant Disputes. Tenants always pay on time!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Partial Basement, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2025

Additional Details

Basement:Partial Basement, Separate Entrance
Cooling:Wall Unit(s)
Heating:Forced Air
Parking Features:Private Double
2
Similar Homes Found
$534,500
Average Price
-6.5%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 224 7th Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1909.28/ month
$399,920 Principal and Interest

Some information about this property - 7th Street

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