1379 3rd Avenue E
Grey County
N4K 2L8
$398,500
Residential Freehold
beds: 5
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12218010
- Bedrooms:
- 5
- Bathrooms:
- 2
- Photos (37)
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Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1500-2000
- Depth:
- 176'
- Frontage:
- 36'
- Lot Shape:
- Rectangular
- Direction Faces:
- East
- Bedrooms:
- 5
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 11
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Stone
- Roof:
- Asphalt Shingle
- Basement:
- Unfinished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 5
- Total Parking Spaces:
- 5.0
- Family Room:
- No
- Possession Details:
- Immediate if assuming tenants
- Pool:
- None
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment Year:
- 2024
- Taxes:
- $2,980 / 2024
- Assessment:
- $- / 2024
- Owen Sound
- Owen Sound
- Grey County
- Hospital, School, School Bus Route, Rec./Commun.Centre, Public Transit, Park
- Separate Hydro Meter, Water Heater Owned
- Patio, Porch
- Two (2) Fridges, Two (2) Stoves, Two (2) Washers, Two (2) Dryers, Owned Hot Water Tank
- Washer and Dryer hooked up in basement belong to the Tenant.
- Brick
- Utilities Cable:
- Yes
- Utilities Telephone:
- Yes
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Septic
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- Jun 13, 2025
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Lower Unit Living Room
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Lower Unit Living Room
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Lower Unit Kitchen
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Lower Unit First Bedroom
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Lower Unit First Bedroom
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Lower Unit Bathroom
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Lower Unit Bathroom
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Lower Unit Second Bedroom
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Lower Unit Foyer
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Lower Unit Third Bedroom
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Upper Unit Kitchen
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Upper Unit Kitchen
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Upper Unit Kitchen
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Upper Unit Laundry
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Upper Unit Hallway
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Upper Unit First Bedroom
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Upper Unit Second Bedroom
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Upper Unit Bathroom
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Upper Unit Second Bedroom
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Listed by Keller Williams Realty Centres
Data was last updated June 15, 2025 at 02:15 PM (UTC)
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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