271 7th Street E, Owen Sound
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. (id:1945)
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Property details for 271 7th Street E, Owen Sound
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 3
- Lot Size
- 63 x 104 FT
- Stories
- 2
- Basement
- Unfinished, N/A
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Window air conditioner
- Exterior
- Brick, Vinyl siding
- Annual Taxes
- $4,602
Nearby Listings Stat
Estimated price and comparable properties near 271 7th Street E
Active Listings
1
Min Price
$499,000
Max Price
$499,000
Avg Price
$499,000
Days on Market
31
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Owen Sound, Ontario
Population
467
Median Age
37.4
Median Income
$21,824
Dwelling Value
$219,770
Housing Tenure
Owners 27%
Renters 71%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 3,611.8/km²
Avg Shelter Cost: $1,226/mo
Owners with Mortgage: 76.9%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 45.7%
English only: 90.6%
English and French: 10.6%
Median Household Income: $36,032
Median Employment Income: $20,064
Price History
Listed
September 12, 2026
by Royal LePage RCR Realty
Current Price
$499,000
-5.7% from last change
Type
Multi-family
For Sale
Price Changes
4
| Date | Price | Change |
|---|---|---|
| Current | $499,000 | $30,000 (-5.7%) |
| Oct 4, 2026 | $529,000 | $20,000 (-3.6%) |
| Sep 12, 2026 | $549,000 | $36,000 (-6.2%) |
| Aug 2, 2026 | $585,000 | $14,000 (-2.3%) |
| Jul 21, 2026 | $599,000 | Listed |
