314 8th Street, Owen Sound, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Owen Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $899,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 5 Bathrooms
- Premium 23.25 x 169.67 ft lot size
- Convenient reserved/assignd garage included
- equipped with partial central cooling and highly efficient gas hot water heating
Description
**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.**
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This investment located at 314 8th Street, Owen Sound is currently for sale and has been available on zoozaa for 8 days. This property is listed at $899,000 with an estimated mortgage of $2,992* per month. It has 0 beds, 5 bathrooms, and is unknown square feet. 314 8th Street, Owen Sound is in the Owen Sound neighborhood.
Work with the SOUSA TEAM to unlock your .
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Owen Sound, Owen Sound.
- •5 well-appointed bathrooms
- •Desirable Investment architecture in Owen Sound, Owen Sound
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Major Highway
- Public Transit
Frequently Asked Questions about 314 8th Street, Owen Sound, ON
Q.What is the asking price for 314 8th Street, Owen Sound, ON ?
The current listing price for 314 8th Street, Owen Sound, ON in Owen Sound, Owen Sound is $899,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 5 bathrooms.
Q.What property type and architectural style is 314 8th Street, Owen Sound, ON ?
314 8th Street, Owen Sound, ON is a Investment () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What security features are installed at 314 8th Street, Owen Sound, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Partial.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 314 8th Street, Owen Sound, ON .
Location
Google Street View
Open in Google MapsNeighborhood Safety & Crime Analytics
Owen Sound, Owen Sound
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 314 8th Street E, Owen Sound, ON N4K 1L4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Owen Sound.
Configure Loan Settings
About Purchasing a Home in Owen Sound, ON
For a property listed at $899,000 in Owen Sound, the legal minimum down payment is $64,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,455 for this transaction. As this listing is in Owen Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,455.
Similar Listings in Owen Sound, Owen Sound
Explore all Just Listed Homes in Owen Sound →
Owen Sound, Owen Sound Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Owen Sound, Owen Sound.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in Owen Sound, Owen Sound
Elementary Schools
Secondary Schools
Owen Sound, Owen Sound Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
Similar Active Listings in Owen Sound
Compare prices, square footage, and school zones for similar Commercial nearby
899 2nd Avenue, Owen Sound
899 2nd Ave E sits right on the corner of 2nd Avenue and 9th Street, one of the busiest, most visibl...
1178 4th Avenue, Owen Sound
Set on a prominent 165 x 120 ft lot (approximately 0.45 acres) in one of Owen Sound's most desirable...
240 9th Avenue, Owen Sound
Industrial building extensively renovated in 2023 with significant upgrades to durability, functiona...
899 2nd Avenue, Owen Sound
Calling all users and investors! High profile corner building available at the intersection of 2nd A...