314 8th Street E Owen Sound, Ontario N4K 1L4
$899,000
**OVER 10% CAP RATE. FULLY TENANTED. $110,000+ IN GROSS ANNUAL INCOME.** At $899,000, the numbers speak for themselves. 314 8th Street East offers immediate cash flow from a substantially improved mixed-use asset in the heart of downtown Owen Sound. Five income streams under one roof. The 5,274 sq. ft. building combines 4 extensively renovated residential apartments with an established main-floor convenience store secured by a long-term commercial lease with contractual annual rent escalations providing diversified income with built-in growth. And here's what separates this one from the typical income property: the heavy lifting has already been done. Significant capital improvements include a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), on-demand hot water (2023), automatic WiFi-enabled gated private parking (2023), roof (2015), and extensive renovations to all 4 residential apartments between 2019 and 2022. The approximately 2,537 sq. ft. residential component is 100% occupied, while the established commercial tenant anchors the main floor in a high-visibility downtown location. No lease-up period. No major renovation project. No waiting for future potential to make the numbers work. The income is already here. For investors looking for immediate cash flow, diversified income, significant capital improvements already completed and long-term upside, your money works harder in Owen Sound. Full rent roll, income and expense statement and supporting financials available to qualified buyers. **Vendor Take-Back (VTB) financing may be available.** (id:43681)
商业信息
| 商业类型 | Residential |
| 商业子类型 | Apartments |
房源概要
| MLS® Number | X13711250 |
| 房源类型 | Multi-family |
| 社区名字 | Owen Sound |
| 附近的便利设施 | Highway, 公共交通 |
| 设备类型 | 热水器 |
| 特征 | Irregular Lot Size |
| 总车位 | 6 |
| 租赁设备类型 | 热水器 |
详 情
| 浴室 | 5 |
| 空调 | Partially Air Conditioned |
| 供暖方式 | 天然气 |
| 供暖类型 | Hot Water Radiator Heat |
| 内部尺寸 | 5274 Sqft |
| 类型 | Multi-family |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | Highway, 公共交通 |
| 土地深度 | 169 Ft ,8 In |
| 土地宽度 | 23 Ft ,3 In |
| 不规则大小 | 0.121 |
| Size Total | 0.121 Ac |
| 规划描述 | C1 |
https://www.realtor.ca/real-estate/30195921/314-8th-street-e-owen-sound-owen-sound
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Keller Williams Experience Realty
August 31 2026 01:59:27
