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224 7th Street Image 1

$449,900

$499,900
10.0% dropped

Last price change Apr 9

Apr 1Duplex For Sale
bedrooms3bed
washrooms6bath
MLS - #X12053779

224 7th Street, Owen Sound, ON N4K 1H9

2
Similar Homes Found
$534,500
Average Price
-15.8%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room5.08 x 3.96 mN/AMain
Foyer1.22 x 1.7 mN/AMain
Dining Room4.42 x 3.4 mN/AMain
Kitchen4.42 x 1 mN/AMain

About 224 7th Street

GREAT MONEY MAKER AND A SOLID BUILDING !! Legal Duplex! Live in the bottom and rent the top! TURN KEY - Perfect opportunity for a 1st time homebuyer to have the rental income help with the mortgage payments OR a perfect addition to any investment portfolio. Lower level offers an open concept Living room/ dining room/ kitchen combo with over 9 foot ceilings and a large bedroom. Upper unit has 2 large bedrooms and a living room that could be used as a 3rd bedroom. Gleaming hardwood floors throughout. This legal duplex is neat as a pin with many recent updates including roof (2011), Plumbing and Wiring (2000) and freshly painted throughout. Both units have laundry facilities. Lower level (Vacant) has access to basement which has living space and/ or storage. Well maintained building with lots of natural light in both units! Flexible closing available. Parking for 4 vehicles! Upstairs Tenants (great tenants) would like to stay if possible. Upper tenant on one year lease until Dec 31st 2025. Could easily be converted to a single family home of an extended family home. Please allow 24 hours notice for showings to notify tenant. Upper 2 bedroom unit is rented for $1600 / month inclusive. Lower 1 bedroom unit is vacant (did rent for $1640/ month incl.) Great tenant - no Tenant Disputes. Tenant always pay on time!

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Partial Basement, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2025

Listed by Keller Williams Home Group Realty

Additional Details

Basement:Partial Basement, Separate Entrance
Cooling:Wall Unit(s)
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 224 7th Street

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