1379 3rd Ave E
Owen Sound, Owen Sound
$398,500
Buy with Dwelly and Save $3,985
Home Details
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Listing Description
Income-Generating Duplex with Nearly 8% Cap Rate in Prime Location. Looking for an easy investment? This legal duplex offers immediate cash flow with tenants in place and an annual rental income of $40,000. A turn-key investment with strong returns, both units are separately metered and well maintained, with tenants paying their own hydro. A solid performer in a strong rental market driven by steady demand. This brick two-storey building features a main floor 3 bedroom unit and an upper level 2 bedroom unit. Whether you're expanding your portfolio or diving into your first income property, this duplex offers long-term stability in a growing community. Don't miss your chance to invest in a smart, low-maintenance opportunity in Owen Sound's reliable rental market.
Two (2) Fridges, Two (2) Stoves, Two (2) Washers, Two (2) Dryers, Owned Hot Water Tank
City: Owen Sound
Neighborhood: Owen Sound
Property History
Rooms
Room dimensions for 1379 3rd Ave E, Owen Sound
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 1379 3rd Ave E is 2213
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $398500 |
| Down Payment | $79700 |
| Mortgage Insurance | $0 |
| Total Mortgage | $318800 |
Monthly Payment
| Mortgage Payment | $1965 |
| Property Taxes | $248 |
| Maintenance Fees | $0 |
| Monthly Payment | $2213 |
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About 1379 3rd Ave E, Owen Sound
Located at 1379 3rd Ave E , this Owen Sound house is available for sale. This property was listed for $398,500 on Fri Jun 13 2025. This house's size is 1500-2000 Sqft. It has 5 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 1379 3rd Ave E, Owen Sound is situated in the Owen Sound neighbourhood.
MLS#: X12218010 · $398,500 · 5 bedroom house in Owen Sound, Owen Sound