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 al...ready 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 over1,000 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.
Full Property Details
Interior
Bedrooms
2
Bedrooms Plus
2
Total Bedrooms
4
Washrooms
2
Square Footage
700-1100 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None,Window Unit(s)
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Bedrooms
2
Bedrooms Plus
2
Total Bedrooms
4
Washrooms
2
Square Footage
700-1100 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None,Window Unit(s)
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Exterior
Depth
105.0
Front
125.0
Driveway
Private
Lot Size
125 x 105.0 ft
Pool
None
Parking Spaces
10
Total Parking Spaces
10.00
Parking Description
Carport
Garage Spaces
2
Zoning
R1
Depth
105.0
Front
125.0
Driveway
Private
Lot Size
125 x 105.0 ft
Pool
None
Parking Spaces
10
Total Parking Spaces
10.00
Parking Description
Carport
Garage Spaces
2
Zoning
R1
Building Description
Style
Bungalow
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Brick,Stone
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
Bungalow
Home Type
Apartment
Subtype
Duplex
Property Orientation
North
Exterior Finish
Brick,Stone
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Owen Sound
Community
Owen Sound
Taxes & Fees
Taxes
$3,935.73 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$3,935.73 /yr
Tax Year
2026
Occupancy
Tenant
Room Types
Bedroom 2
-
Dimensions 10.56 x 10.04 feet
106.02 sqft
Bedroom 2
-
Dimensions 9.88 x 9.65 feet
95.34 sqft
Den
-
Dimensions 9.88 x 8.96 feet
88.52 sqft
Dining Room
-
Dimensions 7.64 x 6.17 feet
47.14 sqft
Kitchen
-
Dimensions 11.29 x 9.12 feet
102.96 sqft
Kitchen
-
Dimensions 13.48 x 9.74 feet
131.3 sqft
Laundry
-
Dimensions 5.84 x 3.84 feet
22.43 sqft
Living Room
-
Dimensions 16.63 x 12.11 feet
201.39 sqft
Living Room
Combined w/Dining
Dimensions 23.23 x 10.47 feet
243.22 sqft
Primary Bedroom
-
Dimensions 11.58 x 8.86 feet
102.6 sqft
Primary Bedroom
-
Dimensions 13.71 x 9.78 feet
134.08 sqft
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