1088 8th ST E, Owen Sound, ON N4K 1M6
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1088 8th ST E, Owen Sound, ON N4K 1M6
1088 8th ST E, Owen Sound, ON N4K 1M6
1088 8th ST E, Owen Sound, ON N4K 1M6
1088 8th ST E, Owen Sound, ON N4K 1M6
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Ruthann Brown

Ruthann Brown

+1(705) 641-0085
$ 525,000
Est. payment /mo
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1088 8th ST E Owen Sound, ON N4K 1M6

6 Beds

2 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision Owen Sound

MLS Listing ID X13713914

Style Bungalow

Bedrooms 6

Annual Tax Amount $3,866

Tax Year 2025

Property Sub-Type Detached

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.

Location

Province ON

County Grey County

Area Grey County

Rooms

Family Room Yes

Basement Separate Entrance, Finished

Kitchen 1

Interior

Interior Features Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Storage, Water Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.73

Lot Depth 76.96

Total Parking Spaces 3

Building

Unit Features School,Fenced Yard,Hospital,Public Transit,Rec./Commun.Centre

Foundation Concrete

Others

ParcelsYN No

Listed by Keller Williams Experience Realty
Ruthann Brown

Ruthann Brown

Broker

+1(705) 641-0085

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1088 8th ST E