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Back to search Home Countries Canada Owen Sound 805 3Rd Avenue
$829,000

805 3Rd Avenue

805 3Rd Avenue
8 beds 5 baths Tenant

Property facts

Property type
Tenant
Bedrooms
8
Bathrooms
5
Parking
9
Taxes (as supplied)
2025

Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.

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.

Location

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Listing information

Original source
owen-sound.listing.ca
Added to Mirror

Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.

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