850 11th Street W, Owen Sound
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. (id:1945)
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Property details for 850 11th Street W, Owen Sound
- Type
- Multi-family
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 125 x 105 FT
- Stories
- 1
- Basement
- Finished, N/A
- Parking
- Carport, No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Window air conditioner, None
- Exterior
- Brick, Stone
- Annual Taxes
- $3,936
Nearby Listings Stat
Estimated price and comparable properties near 850 11th Street W
Active Listings
11
Min Price
$419,900
Max Price
$789,000
Avg Price
$569,055
Days on Market
50
days
Sold Listings
2
Min Sold Price
$449,999
Max Sold Price
$509,000
Avg Sold Price
$479,500
Days until Sold
57
days
Neighbourhood Census Data
Owen Sound, Ontario
Population
774
Median Age
33.9
Median Income
$23,024
Dwelling Value
$200,518
Housing Tenure
Owners 29%
Renters 70%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,552.7/km²
Avg Shelter Cost: $1,009/mo
Owners with Mortgage: 61.9%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 37.5%
English only: 96.1%
English and French: 3.9%
Neither: 0.6%
Median Household Income: $37,248
Median Employment Income: $19,328
Price History
Listed
August 10, 2026
by Royal LePage RCR Realty
Current Price
$599,000
Type
Multi-family
For Sale