1088 8th Street E,Owen Sound, ON N4K 1M6
Owen Sound, ON N4K 1M6
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.
Details
| MLS # | X13713914 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 65 |
| Listing Provided By | Keller Williams Experience Realty | HAILEY MACARTHUR |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Zoning | R1 |
| Acreage | 0.11 |
Interior
| Interior Features | Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Storage, Water Meter |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Aluminum Siding, Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3866 |
|---|---|
| Tax Legal Description | PT LT 40-41 PL 8 OWEN SOUND PT 1, 16R2229 CITY OF OWEN SOUND |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Grey County |
| City | Owen Sound |
| Postal Code | N4K 1M6 |
| Area | Owen Sound |
| Listing VS Median (in N4K 1M6) | |
Price: $525,000 low | high Med: $0 On site: 65 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Grey County |
| City | Owen Sound |
| Postal Code | N4K 1M6 |
| Area | Owen Sound |
| Listing VS Median (in N4K 1M6) | |
Price: $525,000 low | high Med: $0 On site: 65 low | high Med: | |
