850 11th Street, Owen Sound, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Owen Sound. Expertly crafted featuring premium brick and stone 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 125 x 105 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Accessory Apartment, Water Heater Owned
- equipped with none, window unit(s) central cooling and highly efficient forced air heating via gas
Description
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over 1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.
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Property Summary
This detached home located at 850 11th Street, Owen Sound is currently for sale and has been available on SousaSells for 3 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 850 11th Street, Owen Sound is in the Owen Sound neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Owen Sound, Owen Sound.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 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
- School
- Public Transit
Interior Features
- Accessory Apartment
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 850 11th Street, Owen Sound, ON
Q.What is the asking price for 850 11th Street, Owen Sound, ON ?
The current listing price for 850 11th Street, Owen Sound, ON in Owen Sound, Owen Sound is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 850 11th Street, Owen Sound, ON ?
850 11th Street, Owen Sound, ON is a Detached (Bungalow) featuring a Finished basement.
Q.What key property features does 850 11th Street, Owen Sound, ON offer?
Key property features include: School, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (Carport).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None, Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 850 11th Street W, Owen Sound, ON N4K 3T3
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About Purchasing a Home in Owen Sound, ON
For a property listed at $599,000 in Owen Sound, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.