Gurvinder Nokwal REALTOR®
For Sale Detached 53 days on market

$525,000

Est. payment $2,325/moCalculate yours

1088 8th Street E, Owen Sound, ON N4K 1M6

Owen Sound, Owen Sound, ON N4K 1M6

  • 6 Beds
  • 2 Baths
  • 700 Sq Ft
Map

Listing courtesy of Keller Williams Experience Realty MLS® X13713914

About this home

6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade… and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else’s tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There’s plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That’s the play.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
6
Bathrooms
2
Kitchens
1
Basement
Separate Entrance, Finished

Building & Systems

Heating
Baseboard (Gas)
Cooling
None
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
60.73 x 76.96 Feet
Parking
None garage · 3 total
Zoning
R1

Financial

Property Taxes
$3,866 (2025)

Location

Neighbourhood
Owen Sound
Cross Street
Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
Direction Faces
North

Listing

MLS® Number
X13713914
Days on Market
53
Listed On
2026-08-26
Possession
Immediate
Listed By
Keller Williams Experience Realty

Rooms

Room Level Dimensions
Bedroom 2 Main 10′ 8″ × 10′ 0″
Living Room Main 13′ 6″ × 10′ 11″
Bathroom Main 11′ 7″ × 4′ 11″
Foyer Main 5′ 10″ × 6′ 8″
Bedroom Main 12′ 3″ × 11′ 7″
Recreation Lower 12′ 11″ × 11′ 5″
Bedroom 5 Lower 12′ 4″ × 9′ 8″
Bathroom Lower 8′ 6″ × 4′ 7″
Laundry Lower 11′ 2″ × 8′ 4″
Kitchen Main 9′ 8″ × 7′ 10″
Bedroom 3 Main 10′ 8″ × 8′ 6″
Bedroom 4 Lower 12′ 4″ × 13′ 3″
Bedroom Lower 11′ 1″ × 10′ 8″
Dining Room Main 12′ 3″ × 11′ 11″

Features

Interior

  • Accessory Apartment
  • Carpet Free
  • Primary Bedroom - Main Floor
  • Storage
  • Water Meter

Property

  • School
  • Fenced Yard
  • Hospital
  • Public Transit
  • Rec./Commun.Centre

Pool

  • None
Included
Fridge, Stove, Dishwasher, Washer, Dryer, Owned Hot Water Tank, Lawn Mower

Mortgage calculator

Minimum for this price: $27,500 (5.24%)

Amortization, years

Estimated mortgage payment

$2,325 per month

Principal and interest
$2,325
Property tax
$322
Estimated monthly cost
$2,647

Your mortgage

Mortgage amount
$420,000
Mortgage insurance
Not needed
Interest over 25 years
$277,376

Cash to close

Down payment
$105,000
Land transfer tax
$6,975
Total, before legal fees
$111,975
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

1088 8th Street E, Owen Sound, ON N4K 1M6 Owen Sound, Owen Sound, ON N4K 1M6
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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).

$525,000 1088 8th Street E, Owen Sound, ON N4K 1M6
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