703 15th Street, Owen Sound, ON

$550,000
MLS#:X9343049
5 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] triplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium stucco (plaster) and vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 82.5 x 132.33 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

This is your opportunity to own a well-maintained income producing Triplex. The three units have solid tenants and bring in a combined total of $4558.00 per month in rent. All tenants pay their own hydro as each unit is separately metered. Owner pays water & sewer. Electrical has been updated throughout the building and roof was replaced in 2019. There is laundry in the basement for the tenants use. Conveniently located in a high-demand rental area, close to downtown, public transportation, schools, shopping and local amenities, ensuring easy access for tenants. This is a great opportunity to build equity and secure a reliable income stream. Don't miss out on this investment.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 12, 2024
Sold price information is available to members only
Listed Date9/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionStucco (Plaster), Vinyl Siding
Lot Size82.5 × 132.33 Feet
CountyGrey County
Annual Tax$3,088.29
Legal DescriptionPT LT 11 SW/S GARAGRAXA ST PL OWEN SOUND AS IN R470157; OWEN SOUND

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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703 15th Street, Owen Sound, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 703 15th Street E, Owen Sound, ON N4K 1X5

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.

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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.
Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$257
Utilities & Maint.$350
Total Monthly Cost$3,164

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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