271 7th Street, Owen Sound, ON

$599,000
MLS#:X13127142
6 beds
3 baths
3000-3500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 63 x 104 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with ["central air", "window unit(s)"] central cooling and highly efficient forced air heating via gas

Exceptional Investment Opportunity: Versatile Triplex in the River District. Maximize your real estate portfolio with this strategically located triplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main floor unit features a spacious, functional layout with two bedrooms, 1 bathroom, Laundry, kitchen & living room. This unit is all on one level, with abundant natural light, making it a perfect primary residence while the two additional units contribute directly to your mortgage. Each unit provides a distinct sense of privacy with separate entrances and well-defined living spaces. The back apartment, accessible through the fenced in yard, also offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. The upper apartment is bright and features 3 bedrooms, 1 bathroom, a Laundry closet, and a kitchen/ dining/ living room. 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. This home has been well maintained, and is move in ready!

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Key Features

Bedrooms
6
Bathrooms
3
Kitchens
3
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick, Vinyl Siding
Lot Size63 × 104 Feet
CountyGrey County
Annual Tax$4,602
Legal DescriptionPT LT 19 W/S SCROPE ST PL OWEN SOUND AS IN R468596; OWEN SOUND

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air", "Window Unit(s)"]

Features

Property Features

Community Features

Location

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271 7th Street, Owen Sound, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 271 7th Street E, Owen Sound, ON N4K 1H8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$479,200
Monthly Mortgage$2,784
Property Tax (Est.)$384
Utilities & Maint.$350
Total Monthly Cost$3,518

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Owen Sound.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$521,217

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Alexandra
Public1556 8th Avenue East, Owen Sound, Ontario, N4K 3B6
4.2
Hillcrest
Public501 8th Street West, Owen Sound, Ontario, N4K 3M8
3.2
East Ridge
Public1550 8th Street East, Owen Sound, Ontario, N4K 5R4
5.3
St-Dominique-Savio
Public800 23rd Street East, Owen Sound, Ontario, N4K 6Z5
3.2
Keppel-Sarawak
Public937 24th Street West, Owen Sound, Ontario, N4K 5N4
6.2

Secondary Schools

St. Mary’s
Catholic555 15th Street East, Owen Sound, Ontario, N4K 1X2
5.8
Owen Sound
Public750 9th Street West, Owen Sound, Ontario, N4K 3P6
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.