Personal Pic

Yuvraj Sharma

Realtor
C 21 Realty Centre, Brokerage Independently owned and operated. 8550 Airport Road, Brampton, Ontario L6T5A3 Cell: 647-961-7334Office: 905-783-1000

$429,900
Available - For Sale
Listing ID: X13662380
1100 4th Avenue East , Owen Sound, N4K 2P2, Grey County


Updated East Side Duplex - Vacant & Ready for Your Tenants. Welcome to this recently renovated up-and-down duplex located on the east side of Owen Sound. Offering two spacious 2-bedroom, 1-bathroom units, this property is an excellent opportunity for investors, house hackers, or buyers looking to add a turnkey income property to their portfolio. The main floor features a freshly updated 2-bedroom, 1-bathroom unit with brand-new LVP flooring throughout, a completely renovated bathroom with a tub/shower combination, plenty of natural light from an abundance of windows, and a spacious living room. The upper unit has also been freshly updated and offers 2 bedrooms, 1 bathroom, and the added bonus of a bright second-storey sunroom - a great space to enjoy your morning coffee, create a home office, or simply relax.Both units feature their own in-suite laundry, providing added convenience for tenants. The property is equipped with separate gas and hydro meters for each unit, allowing tenants to pay their own utilities and simplifying ownership. There is also parking for four vehicles, adding further convenience and rental appeal. The building's flat roof membrane was replaced in 2022, providing an important recent capital improvement for the property. With renovations recently completed, the building is completely vacant and ready for you to choose your own tenants and set the rents. Estimated market rent is approximately $1,700 + gas and hydro per unit, representing potential gross rental income of approximately $40,800 annually and an estimated 7% cap rate. A turnkey duplex with fresh updates, separate utilities, in-suite laundry, parking for four, and immediate rental potential - an excellent opportunity to add a renovated income property to your portfolio.
Price $429,900
Taxes: $3116.00
Assessment Year: 2025
Occupancy: Vacant
Address: 1100 4th Avenue East , Owen Sound, N4K 2P2, Grey County
Directions/Cross Streets: 4th ave e/11th st e
Rooms: 13
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Unfinished
Washroom Type No. of Pieces Level
Washroom Type 1 4 Second
Washroom Type 2 4 Main
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Sutton-Sound Realty
Personal Picture
Yuvraj Sharma
Realtor
Dir:
647-961-7334
Bus:
905-783-1000
 
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At a Glance:
Type: Freehold - Duplex
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style: 2-Storey
Lot Size: x 92.00(Feet)
Approximate Age:
Tax: $3,116
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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