Size
-
Lot size
6336 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$199 - $266
Taxes
$2,980 (2024)
Parking Type
-
Style
2-Storey
See what's nearby
Description
TURN-KEY DUPLEX WITH 8.5% CAP RATE. SOLID CASH FLOW IN A STRONG RENTAL MARKET. Looking for a reliable, income-producing property? This legal duplex is the definition of a smart investment, generating over $41,000 in annual rental income with an unheard of 8.5% cap rate. At 20% down, you'll earn back your initial investment in just 23 months. Both units are separately metered, well maintained, and tenants pay their own hydro, keeping your overhead low. The solid brick two-storey home features a spacious 3-bedroom main floor unit and a bright 2-bedroom upper unit, making it a desirable rental in a market with consistent demand. Whether you're a seasoned investor or just getting started, this property offers immediate cash flow, long-term stability, and a low-maintenance path to building wealth in the heart of Owen Sound. Opportunities like this don't come around often. Invest smart and watch your portfolio grow.
Broker: Keller Williams Realty Centres
MLS®#: X12218010
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
36 Ft
Lot depth:
176 Ft
Listed on:
Jun 13, 2025
Show all details
Instant estimate:
orto view instant estimate
$16,274
higher than listed pricei
High
$441,422
Mid
$414,774
Low
$403,491
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.
1/27
$386,000
144 days
3BD
1BA
2 Parking
1,500-2,000 sqft
MLS#: X12026870
Keller Williams Realty Centres
1/1
$390,000
16 days
4BD
2BA
2 Parking
1,500-2,000 sqft
MLS#: X12304324
ROYAL HERITAGE REALTY LTD.