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$469,000Asking Price

353 11th Street E, Owen Sound, ON N4K 1V3

Owen Sound, Owen Sound

Duplex
3
Bedrooms
2
Baths
2
Parking
Days on Market

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. New air conditioning in 2024. 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.

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. New air conditioning in 2024. 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.

  OPEN HOUSE
  VIRTUAL TOUR

Key Info

  • 2-Storey Duplex
  • 2 Parking
  • No Garage
  • 3rd ave east and 11th st east
  • 1100-1500 Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $2,311 in 2024
  • Possession: Immediate if accepting tenant

Details

  • Brick Exterior
  • No Fireplace
  • 2 Kitchens
  •  
  • MLS #X12058283
  • Ron Hopper Real Estate Ltd.

Extras

Room Floor Dimensions Details
1 Kitchen Ground 13.58' x 7.22'
2 Bathroom Ground 10.99' x 6.23' 4-PieceBath
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom

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%