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$449,900
Available - For Sale
Listing ID: X12035639
Welcome to this timeless 2-story red brick triplex, perfectly situated on the East Side of beautiful Owen Sound! This well-maintained property offers an excellent investment opportunity or a spacious home for multi-generational living. The classic red brick facade exudes character, combining historical charm with modern living potential. Each of the three units has been thoughtfully designed to offer comfort and privacy, boasting its own private entrance and distinct living space. The main floor apartment has been renovated and completely paintedincluding 10 pot-lights, a stackable washer & dryer and a walk in bathtub. This unit features an inviting layout with one generously sized bedroom, a cozy living room, and a well-appointed kitchen. The upper 2 floor apartment has also been recently renovated with solid oak doors and trim. The unit offers an equally comfortable living arrangement, including three bright bedrooms and an updated kitchen with ample storage and a balcony that stretches out along the front of the building. This apartment would make a great principal residence with rental income from the other two apartments. The third unit, tucked away at the lower side of the property, offers a private one-bedroom apartment. This triplex offers incredible versatility for investors or homeowners. Rent out all three units for strong cash flow or live in one while tenants contribute to your mortgage. All windows have been recently replaced as well as a new steel roof. Each apartment has its own breaker panel & hydro meter. With 3 parking spots and close proximity to all amenities, this triplex is a rare find in a prime location. All the existing tenants would love to stay as tenants. Don't miss out on this outstanding opportunity to own a piece of Owen Sound's architectural history while enjoying excellent rental income potential.
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Amortization:     Years GDS: %
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Percent Down:
Down Payment $122.45 $244.9 $367.35 $489.8
First Mortgage $2,326.55 $2,204.1 $2,081.65 $1,959.2
CMHC/GE $63.98 $44.08 $36.43 $0
Total Financing $2,390.53 $2,248.18 $2,118.08 $1,959.2
Monthly P&I $10.24 $9.63 $9.07 $8.39
Expenses $0 $0 $0 $0
Total Payment $10.24 $9.63 $9.07 $8.39
Income Required $383.94 $361.08 $340.18 $314.67

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RE/MAX Grey Bruce Realty Inc.

537 8th Stre East , Owen Sound, N4K 1L7, Grey County

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: 2-Storey
Lot Size: x 208.50(Feet)
Approximate Age: 100+
Tax: $3,839
Maintenance Fee: $0
Beds: 5
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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