850 11th Street W, Owen Sound, ON N4K 3T3

About this residence

Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.

Property details

Property type

Duplex

Total rooms

10

Garage

Carport

Parking spaces

8

Annual taxes

$3,936 (2026)

Possession

Immediate

Directions

Take 10th St. W and turn north onto 7th Ave. W. Turn west onto 11th St. W. Property will be on the right side on the corner of 11th St. W. and Alpha St.

Location