Gurvinder Nokwal REALTOR®
For Sale Duplex 36 days on market

$499,000 ↓ $30,000 from $529,000

Est. payment $2,209/moCalculate yours

271 7th Street E, Owen Sound, ON N4K 1H8

Owen Sound, Owen Sound, ON N4K 1H8

  • 6 Beds
  • 3 Baths
  • 3,000 Sq Ft
Map

Listing courtesy of Royal LePage RCR Realty MLS® X13776794

About this home

Exceptional Investment Opportunity: Versatile Duplex in the River District. Maximize your real estate portfolio with this strategically located Duplex, offering an ideal setup for a “house-hacking” owner-occupant or a seasoned investor. The main house features a spacious, functional layout with five bedrooms, 2 bathroom, 2 Laundry rooms, 2 kitchens & 2 living rooms. The separate entrance and layout provide the potential for converting the home into two separate units, providing three units of possible rental income. The home offers an abundant of natural light, and large bedrooms, making it a perfect primary residence while the additional rear unit contributes directly to your mortgage. The back apartment, accessible through the fenced in yard, offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers’ market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County’s most stable rental markets. One unit vacant, One unit will be Vacant Nov1st, 2026, & one unit occupied.

Property details

Overview

Property Type
Duplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
3,000 sqft

Interior

Bedrooms
6
Bathrooms
3
Kitchens
3
Basement
Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air, Window Unit(s)
Exterior
Brick, Vinyl Siding
Foundation
Stone
Roof
Shingles
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
63 x 104 Feet
Parking
None garage · 4 total
Zoning
R4

Financial

Property Taxes
$4,602 (2025)

Location

Neighbourhood
Owen Sound
Cross Street
2nd ave east & 7th Street East
Direction Faces
South

Listing

MLS® Number
X13776794
Days on Market
36
Listed On
2026-09-12
Possession
Immediate
Listed By
Royal LePage RCR Realty

Features

Interior

  • Primary Bedroom - Main Floor

Pool

  • None
Included
MAIN UNIT: Stove, fridge, Dishwasher, Stacked washer/dryer unit, electric heater for Sunroom. UPPER UNIT: Stove, Fridge, Washer & dryer. REAR UNIT: Combo washer/ dryer unit, Stove, Fridge, Window AC unit
Rental items
Two Hot water tanks

Mortgage calculator

Minimum for this price: $24,950 (5%)

Amortization, years

Estimated mortgage payment

$2,209 per month

Principal and interest
$2,209
Property tax
$384
Estimated monthly cost
$2,593

Your mortgage

Mortgage amount
$399,200
Mortgage insurance
Not needed
Interest over 25 years
$263,639

Cash to close

Down payment
$99,800
Land transfer tax
$6,455
Total, before legal fees
$106,255
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

271 7th Street E, Owen Sound, ON N4K 1H8 Owen Sound, Owen Sound, ON N4K 1H8
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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).

$499,000 271 7th Street E, Owen Sound, ON N4K 1H8
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