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$525,000

6 Beds 2 Baths 700 SQFT 0.00 Acres
Type: Single Family

1088 8TH STREET E
Owen Sound, ON N4K1M6

MLS#: X13713914
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
Presented by: Keller Williams Experience Realty

Property Description

 

6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play. (id:7434)


 

Interior Features

Bedrooms

Bedrooms6

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A, N/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeBaseboard heaters
Construction Style AttachmentDetached
Flooring TypeVinyl, Tile
Living Area Range700 sqft

General

AmenitiesSchools, Hospital, Public Transit
Building AppliancesWater meter, Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator
Building Architectural StyleBungalow
Building Basement FeaturesSeparate entrance
Building Cooling TypeNone
Building TypeHouse
Building.StoriesTotal1
Community FeaturesCommunity Centre
CommunityNameOwen Sound
FeaturesCarpet Free
Foundation TypeConcrete
Location DescriptionJust 150 metres from Georgian College - close enough to walk to class in under two minutes.
Ownership TypeFreehold
Parking Space Total3
Property TypeSingle Family
Zoning DescriptionR1

Exterior

Exterior FinishAluminum siding, Brick
Fence TypeFully Fenced, Fenced yard
Land AmenitiesSchools, Hospital, Public Transit
SewerSanitary sewer

Additional Details

  

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$525,000

6 Beds 2 Baths 700 SQFT 0.00 Acres
Type: Single Family

1088 8TH STREET E
Owen Sound, ON N4K1M6

MLS#: X13713914
Olenka Mallon
Olenka Mallon
Condo Digs
Sales Representative
Phone: 416.725.5293
Office: 416.203.6636
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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