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$1,499,999
Available - For Sale
Listing ID: X12211237
8-Plex with the potential to convert it into a 9-Plex with approval from the city. Listed at potential 8.5% Cap Rate! 6 recently updated apartments and 2 commercial units. 3 1-bedroom units, 3 2-bedroom units. One vacant commercial unit which could be split in half and one rented commercial unit. Potentially over 75% residential threshold. New Windows (2025), New Roof (2024), Light Fixtures, Kitchen Fixtures, Bathroom Fixtures, New Paint, New Flooring, Some new drywall, all replaced within past 6 months.
Price $1,499,999
Taxes: $9,830.08
Tax Type: Annual
Occupancy by: Tenant
Address: 844 2nd Aven East , Owen Sound, N4K 2H3, Grey County
Postal Code: N4K 2H3
Province/State: Grey County
Directions/Cross Streets: 2nd Avenue East & 8th Street East
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 8,160
Total Area Code:  Sq Ft Divisible
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 100+
Financial Statement: T
Maintenance: 0
Water Expense: $1800
Expenses Actual/Estimated: $Est
Sprinklers: Part
Outside Storage: F
Heat Type: Water Radiators
Central Air Conditioning: Partial
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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844 2nd Aven East , Owen Sound, N4K 2H3, Grey County


 
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At a Glance:
Type: Com - Commercial Retail
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style:
Lot Size: x 160.80(Feet)
Approximate Age: 100+
Tax: $9,830.08
Maintenance Fee: $0
Beds: 0
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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