703 15th Street, Owen Sound, ON
Property no longer active
This property was sold on October 12, 2024. This listing is for reference purposes only. to view the sold price.
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
- Efficient forced air heating via gas
Description
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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Property Summary
This triplex located at 703 15th Street, Owen Sound is currently for sale and has been available on SousaSells for 694 days. This property is listed at $550,000 with an estimated mortgage of $1,831* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 703 15th Street, Owen Sound is in the Owen Sound neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Owen Sound, Owen Sound.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 703 15th Street, Owen Sound, ON
Q.What is the asking price for 703 15th Street, Owen Sound, ON ?
The current listing price for 703 15th Street, Owen Sound, ON in Owen Sound, Owen Sound is $550,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 703 15th Street, Owen Sound, ON ?
703 15th Street, Owen Sound, ON is a Triplex (1 1/2 Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 703 15th Street E, Owen Sound, ON N4K 1X5
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About Purchasing a Home in Owen Sound, ON
For a property listed at $550,000 in Owen Sound, the legal minimum down payment is $30,000 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 $7,475 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 $7,475.
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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.