3 - 537 8th Street E

Welcome to this charming Multi-Family Home for sale in Owen Sound , located at 537 8th Street E E, Owen Sound. This timeless 2 1/2 storey brick multiplex, set in the picturesque community of Owen Sound, presents an exceptional investment opportunity or a splendid residence for multi-generational living. With its classic red brick exterior, this property beautifully marries historical charm with the potential for modern living, making it a standout choice for discerning buyers.

As you approach this delightful property at 537 8th Street E E, Owen Sound, you’ll immediately appreciate its character and the thoughtful design that has gone into each of the three distinct living units. The building boasts a total of 15 rooms, including five bedrooms and four bathrooms, providing ample space for comfortable living. The absence of a den and additional rooms means that the layout is optimised for the three self-contained apartments, each with its own private entrance, ensuring both comfort and privacy for all residents.

The main floor apartment has undergone recent renovations, showcasing a fresh and inviting atmosphere. It features one generously sized bedroom, a cosy living room, and a well-appointed kitchen, complete with modern amenities. This unit is particularly appealing with its stackable washer and dryer, along with a walk-in bathtub, making it perfect for those seeking convenience and accessibility. The presence of ten pot lights adds a warm glow, enhancing the inviting layout of this Multi-Family Home for sale in Owen Sound.

Moving to the upper two-floor apartment, you will find an equally impressive living space. This unit has also been renovated, featuring solid oak doors and trim that add a touch of elegance. With three bright bedrooms and an updated kitchen that offers ample storage, this apartment is designed for comfortable living. The balcony that stretches along the front of the building provides a lovely outdoor space to enjoy the fresh air and views of the surrounding area. This upper unit would make a fantastic principal residence, allowing the owner to benefit from rental income from the other two apartments.

The third unit, located at the lower side of the property, is a private one-bedroom apartment that adds to the versatility of this Multi-Family Home for sale in Owen Sound. This configuration offers incredible flexibility for both investors and homeowners. You can choose to rent out all three units for a strong cash flow or live in one while the tenants contribute to your mortgage. The potential for rental income is further enhanced by the fact that all existing tenants would love to remain in their homes.

At 537 8th Street E E, Owen Sound, all windows have been recently replaced, and a new steel roof has been installed, ensuring that this property is not only aesthetically pleasing but also well-maintained and durable. Each apartment is equipped with its own breaker panel and hydro meter, providing convenience and independence for all residents. The property also features a mutual driveway with parking space for three vehicles, making it practical for multiple tenants.

Set on a generous lot measuring 35 x 208 feet, this Multi-Family Home for sale in Owen Sound is ideally situated close to all local amenities, making it a rare find in a prime location. The absence of a garage may be a consideration for some, but the ample parking space and the proximity to services more than compensate for it.

With its rich architectural history and excellent rental income potential, this property is not to be missed. Whether you are an investor looking to expand your portfolio or a family seeking a spacious home, 537 8th Street E E, Owen Sound, offers a unique opportunity to own a piece of Owen Sound's heritage while enjoying the benefits of modern living. Don’t let this outstanding opportunity pass you by!

Owen Sound, nestled at the mouth of the Sydenham River and bordered by the stunning shores of Georgian Bay, offers a picturesque setting for those seeking a vibrant yet tranquil lifestyle. This charming city is surrounded by lush natural landscapes, including the scenic Bruce Peninsula and the breathtaking Niagara Escarpment, making it a haven for outdoor enthusiasts. With its rich maritime history, Owen Sound boasts a lively arts scene, numerous festivals, and a welcoming atmosphere that fosters a strong sense of belonging. The community is well-equipped with essential amenities, local shops, and eateries, ensuring a comfortable and convenient living experience. Whether you're drawn by the stunning vistas or the warmth of its residents, Owen Sound presents an inviting opportunity for a fulfilling life in a captivating environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Hillcrest Elementary School (1.2 km) and East Ridge Community School (1.6 km), both offering public education from Junior Kindergarten to Grade 8, with East Ridge providing instruction in French. For secondary education, Owen Sound District Secondary School (1.7 km) caters to Grades 9 to 12, also in French. Additionally, St. Basil's Catholic Elementary School (2.0 km) offers a Catholic education for younger students (JK to Grade 3), while St. Mary’s High School (1.1 km) serves Catholic students in Grades 9 to 12. All schools are part of reputable school boards: Bluewater District School Board and Bruce-Grey Catholic District School Board. This diverse range of educational options, including both public and Catholic schools, ensures that families have access to quality education tailored to their preferences. With the closest schools being just a short drive or walk away, this property is well-situated for families prioritizing education in their home search.