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$469,000
Available - For Sale
Listing ID: X12058283
353 11th Stre East , Owen Sound, N4K 1V3, Grey County


Great duplex with a solid income. Gross income over $41,000 and has a cap rate of 7%. Net income of $30,000 a year carries the mortgage. Completely renovated in 2021 - all new kitchens, bathrooms, flooring, drywall and roof. Main floor offers a large one bedroom unit with 9' ceilings, private laundry, basement storage and private parking at rear of building. Main floor is currently vacant and was rented for $ 1600 inclusive. Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Currently rented for $1850 inclusive. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $2311, insurance - $1032. Rear parking is by deeded right of way to private gravel drive.
Price $469,000
Taxes: $2311.00
Assessment Year: 2024
Occupancy by: Tenant
Address: 353 11th Stre East , Owen Sound, N4K 1V3, Grey County
Directions/Cross Streets: 3rd ave east and 11th st east
Rooms: 9
Bedrooms: 3
Bedrooms +: 0
Family Room: F
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Kitchen 13.58 7.22
Room 2 Ground Living Ro 13.58 16.14
Room 3 Ground Bedroom 11.32 11.38
Room 4 Ground Bathroom 10.99 6.23 4 Pc Bath
Room 5 Second Kitchen 11.74 6.23
Room 6 Second Living Ro 13.58 13.74
Room 7 Second Bedroom 16.47 7.81
Room 8 Second Bedroom 2 11.97 8.66
Room 9 Second Bathroom 5.97 6.99
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 2
Pool: None
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Ron Hopper Real Estate Ltd.
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At a Glance:
Type: Freehold - Duplex
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: 2-Storey
Lot Size: x 83.00(Feet)
Approximate Age:
Tax: $2,311
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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