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271 7th Street E
homes for sale · Owen Sound
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$499,000

271 7th Street E

Owen Sound · MLS® X13776794

634

House · Multi-family · 42 days on market

listed by SHELBY WHITEHURST, Royal LePage RCR Realty

realtor's description

Exceptional Investment Opportunity: Versatile Duplex in the River District. Maximize your real estate portfolio with this strategically located Duplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main house features a spacious, functional layout with five bedrooms, 2 bathroom, 2 Laundry rooms, 2 kitchens & 2 living rooms. The separate entrance and layout provide the potential for converting the home into two separate units, providing three units of possible rental income. The home offers an abundant of natural light, and large bedrooms, making it a perfect primary residence while the additional rear unit contributes directly to your mortgage. The back apartment, accessible through the fenced in yard, offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers' market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County's most stable rental markets. One unit vacant, One unit will be Vacant Nov1st, 2026, & one unit occupied.

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property details

type
House, Multi-family
bedrooms
6
bathrooms
3
parking
4
property tax
$4,602 / yr
days on market
42
MLS®
X13776794

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$2,558/mo
Mortgage $2,174 · Tax $384

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,174/ monthly
loan $399,200
25-year amortization
total interest
$253,029
cash to close
$99,800
down payment; transfer tax and fees not included
total paid
$652,229

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
SHELBY WHITEHURST
Royal LePage RCR Realty
call SHELBY · 519-270-6255
Powered by: REALTOR.ca

location

Owen SoundGoogle Maps ↗

location

Owen SoundGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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