$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
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
Estimated mortgage payment
$2,209 per month
- Principal and interest
- $2,209
- Property tax
- $384
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,255
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
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