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$449,900Asking Price

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

Owen Sound, Owen Sound

Duplex
3
Bedrooms
2
Baths
4
Parking
Day on Market

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! 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 (vacant) 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 (Vacant) 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! Upstairs Tenant (seasonal student) would like to stay if possible. 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. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!

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Tour this home:

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! 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 (vacant) 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 (Vacant) 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! Upstairs Tenant (seasonal student) would like to stay if possible. 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. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!

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  VIRTUAL TOUR

Key Info

  • 2-Storey Duplex
  • 4 Parking
  • No Garage
  • From Main Street (2nd Ave.E.) turn East on to 7th Street East, first place on North side of street.
  • 2000-2500 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,057 in 2025

Details

  • Brick/Vinyl Siding Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #X13100856
  • Keller Williams Home Group Realty

Extras

Room Floor Dimensions Details
1 Foyer Main 4.00' x 5.58'
2 Kitchen Main 14.50' x 3.28'
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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Amenities
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0 Dog Parks
0 Daycares
5 Groceries Donald's Honey, Hill Farms Market, Metro
6 Coffee Spots Sundays Ice Cream Parlour, Tim Hortons, The Palette Cafe
43 Restaurant/Bars The Bavarian Hut, Meaford Christmas Market, Papi's Eatery & Lounge
8 Park/Rec/Gyms Owen Sound Hot Yoga, Tone Yoga Studio, Trickybjj Academy
2 Hospitals Nikaanaganaa Counselling & Learning Centre, Grey Bruce Health Services
2 Libraries Owen Sound Public Library, Greybruce Reg Hlth Center Library
15 Places of Worship Vlc Global Ministries, King's Church, Youth Unlimited YFC Owen Sound
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Who lives here?

Owen Sound, Owen Sound is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Owen Sound  (0.9)

Singles

48% of residents are
single and loving it.

48% singles

Owen Sound (48%)

Renters

42% of residents
are renters.

42% renters

Owen Sound (42%)

Education

20% of residents are
university grads.

20% university grads

Owen Sound (20%)

Income

Average Household Income

$82K

is the average household
income in the neighbourhood.

Owen Sound  ($82K)

Professions

Professions
Sales 20%
Trades 9%
Government 8%
Business 6%
Health 6%

Immigrants

7% of residents were
born outside of Canada.

7% immigrants

Owen Sound (7%)

Birthplace - All

UK was once home to 1.8% of immigrants.
India 0.6%
USA 0.4%
Netherlands 0.4%
Germany 0.3%

1.8% from UK
All-time

Birthplace - Recent

India was once home to 0.1% of immigrants.

0.1% from India
Recent

Foreign Languages

Foreign Languages
French 1%
German 1%

Religions

Religions
Christian 62%