Owen Sound · N4K 4P4
$829,000
$237 / sq ft2 months on market
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Well-located multiplex investment property within walking distance to the library, mill dam, and farmers' market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual (2026) taxes of $9,245, gas $3,435, insurance $3,777, hydro $2013, water and sewer (approximate quarterly) $2,340, and snow and grass $2,366, with additional income from laundry at $1,800 and total estimated rental income of $78,144. One rental unit will be vacant as of Nov 1, 2026 with estimated rent of $1,500/month. Total gross income approx. $80,000. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.
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This home is priced above most comparable listings — about 89% of comparable multiplex listings in Owen Sound are asking less.
Based on 9 comparable active multiplex listings in Owen Sound. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $829,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of eXp Realty. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.