353 11th Street, Owen Sound, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $379,900 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 18.43 x 83 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- Efficient forced air heating via gas
Description
Great duplex with a solid income potential. Excellent opportunity for a first time buyer to enter the market and have additional income from the second unit. Two bedroom unit was rented for 1850 per month inclusive and the one bedroom unit was rented for 1600 per month inclusive. Completely renovated in 2021 - all new kitchens, bathrooms, flooring, drywall and roof. New air conditioning in 2024. Main floor offers a large one bedroom unit with 9' ceilings, private laundry, basement storage and private parking at rear of building. Main floor is currently vacant and ready for a tenant or the new owner to move in. . Second floor contains two large bedrooms, in-unit laundry and private parking at the front of the building. Second floor is vacant. Building has been inspected by fire department and city building officials. Expenses: hydro - $2266, gas -$1537, water/sewer -$1383, taxes - $3807, insurance - $1032(based on when building was fully rented). Rear parking is by deeded right of way to private gravel drive.
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Pricing & Value Insights
Data-driven valuation for 353 11th Street E, Owen Sound, ON N4K 1V3
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About Purchasing a Home in Owen Sound, ON
For a property listed at $379,900 in Owen Sound, the legal minimum down payment is $18,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,174 for this transaction. As this listing is in Owen Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,174.
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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.