$ 599,000

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
850 11th Street W

Contact Agent Get in touch about 850 11th Street W, Owen Sound

SHAUNA BONTERRE
SHAUNA BONTERRE
Royal LePage RCR Realty