Gurvinder Nokwal REALTOR®
For Sale Triplex 10 days on market

$824,000

Est. payment $3,648/moCalculate yours

221 Owen Sound Street, Shelburne, ON L9V 3L2

Shelburne, Shelburne, ON L9V 3L2

  • 6 Beds
  • 3 Baths
  • 1,500 Sq Ft

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC. MLS® X13878620

About this home

LEGAL TRIPLEX. This iconic building located in the growing municipality of Shelburne has been completed renovated top to bottom, creating a 3 bedroom unit, a 2 bedroom unit and a 1 bedroom basement walkout unit. Opportunity for Owner Occupied as the main floor 3 Bedroom unit has recently become vacant. The upper 2 Bedroom and basement 1 bedroom are currently occupied with good tenants who would like to stay - income from those two units is $3400 per month. With 15% down payment the mortgage payment is $3430 (30 year amortization @3.7%) Great opportunity for first time home buyer to get into the market. Gross rent is $5600 fully tenanted. All units have their own laundry facilities, separate hydro meters and separate water meters. Luxury vinyl plank flooring throught all units. One parking space for each tenant. Located close to Shelburne’s Downtown - also walking distance to schools and recreation facilities. Please note: Main floor unit is vacant and can be viewed. Upper and Basement units are finished in a similar manner as per the photos. Showing of the tenanted spaces upon accepted offer. Floor plans and Zoning Approval are in the photos.

Property details

Overview

Property Type
Triplex
Style
2-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
1,500 sqft

Interior

Bedrooms
6
Bathrooms
3
Kitchens
3
Basement
Apartment, Finished with Walk-Out, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete, Stone
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
49 x 79 Feet
Parking
None garage · 3 total
Zoning
Residential

Financial

Property Taxes
$4,772 (2025)

Location

Neighbourhood
Shelburne
Cross Street
Owen Sound/2nd Ave
Direction Faces
East

Listing

MLS® Number
X13878620
Days on Market
10
Listed On
2026-10-08
Possession
TBD
Listed By
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Room Level Dimensions
Bedroom Basement 14′ 3″ × 7′ 0″
Primary Bedroom Ground 12′ 10″ × 11′ 0″
Living Room Ground 23′ 1″ × 9′ 9″
Bedroom 2 Upper 12′ 10″ × 10′ 2″
Bedroom 3 Ground 10′ 8″ × 7′ 7″
Kitchen Upper 10′ 6″ × 10′ 2″
Bedroom 2 Ground 10′ 8″ × 7′ 7″
Kitchen Basement 14′ 9″ × 12′ 0″
Bedroom Upper 13′ 3″ × 13′ 0″
Living Room Basement 10′ 6″ × 9′ 11″
Living Room Upper 12′ 10″ × 9′ 8″
Kitchen Ground 10′ 2″ × 12′ 10″

Features

Interior

  • Carpet Free
  • Separate Hydro Meter

Pool

  • None
Included
All appliances, garden shed.
Rental items
Hot Water Tanks - paid by tenants

Mortgage calculator

Minimum for this price: $57,400 (6.97%)

Amortization, years

Estimated mortgage payment

$3,648 per month

Principal and interest
$3,648
Property tax
$398
Estimated monthly cost
$4,046

Your mortgage

Mortgage amount
$659,200
Mortgage insurance
Not needed
Interest over 25 years
$435,348

Cash to close

Down payment
$164,800
Land transfer tax
$12,955
Total, before legal fees
$177,755
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

221 Owen Sound Street, Shelburne, ON L9V 3L2 Shelburne, Shelburne, ON L9V 3L2
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Also listed as MLS® X13637284

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$824,000 221 Owen Sound Street, Shelburne, ON L9V 3L2
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