$599,000
Est. payment $2,652/moCalculate yours
850 11th Street W, Owen Sound, ON N4K 3T3
Owen Sound, Owen Sound, ON N4K 3T3
- 2 + 2 Beds
- 2 Baths
- 2 Garage
- 700 Sq Ft
Listing courtesy of Royal LePage RCR Realty MLS® X13658490
About this home
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
Overview
- Property Type
- Duplex
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None, Window Unit(s)
- Exterior
- Brick, Stone
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 125 x 105 Feet
- Parking
- Carport garage · 10 total
- Zoning
- R1
Financial
- Property Taxes
- $3,936 (2026)
Location
- Neighbourhood
- Owen Sound
- Cross Street
- Alpha St. & 11th St. W.
- Direction Faces
- North
Listing
- MLS® Number
- X13658490
- Days on Market
- 73
- Listed On
- 2026-08-06
- Possession
- Immediate
- Listed By
- Royal LePage RCR Realty
Rooms
Features
Interior
- Accessory Apartment
- Water Heater Owned
Property
- School
- Public Transit
Pool
- None
- Included
- Built In Microwave x 2, Dishwasher x 2, Refrigerator x 2, Stove x 2, Washer, Dryer
- Excluded
- None
Mortgage calculator
Estimated mortgage payment
$2,652 per month
- Principal and interest
- $2,652
- Property tax
- $328
- Condo fees
- $0
- Estimated monthly cost
- $2,980
Your mortgage
- Mortgage amount
- $479,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,473
Cash to close
- Down payment
- $119,800
- Land transfer tax
- $8,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $128,255
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
This photo could not be loaded.