$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
Features
Interior
- Carpet Free
- Separate Hydro Meter
Pool
- None
- Included
- All appliances, garden shed.
- Rental items
- Hot Water Tanks - paid by tenants
Mortgage calculator
Estimated mortgage payment
$3,648 per month
- Principal and interest
- $3,648
- Property tax
- $398
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $177,755
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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