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805 3rd Avenue

805 3rd Avenue

Owen Sound, ON

  • 8 bed
  • 5 bath
  • approx. 3500-5000 sqft
  • Multiplex
$829,000

Well-located multiplex investment property within walking distance to the library, mill dam, and farmers' market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual (2026) taxes of $9,245, gas $3,435, insurance $3,777, hydro $2013, water and sewer $2,340/yr, and snow and grass $2,366, with additional income from laundry at $1,800 and total estimated rental income of $78,144. One rental unit will be vacant as of Nov 1, 2026 with estimated rent of $1,500/month. Total gross income approx. $80,000. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.

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Listing Details

Taxes (2026)
$9,245
Listed
June 26, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Stone, Hardboard
Roof
Asphalt Shingle
Foundation
Stone
Interior
None
Lot Size
110 x 162.8 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
9

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
3rd Ave W & 8th St W
Zoning
R5
Parcel Number
370740141
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
Dishwasher (x1), Stove (x5), Fridge (x5), Dryer (x2) (Coin Operated), Washer (x2) (Coin Operated).
Exclusions
Tenant Appliances: Freezers (x5), Beer Fridge (x1), Dryer (x1), Washer (x1), BBQs.

Schools

Elementary

  • Hillcrest Elementary School0.3 km

    Public · Bluewater DSB · 480 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 22% met the provincial standard

  • St Basil's Separate School1.1 km

    Catholic · Bruce-Grey CDSB · 315 students

  • École élémentaire catholique St-Dominique-Savio1.7 km

    French Catholic · Conseil scolaire catholique Providence · 175 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 40% met the provincial standard

Secondary

  • Owen Sound District Secondary School Secondary School0.9 km

    Public · Bluewater DSB · 1285 students

    Grade 10 literacy: 81% met the provincial standard

  • St Mary's High School1.5 km

    Catholic · Bruce-Grey CDSB · 1035 students

    Grade 10 literacy: 80% met the provincial standard

  • École secondaire catholique Saint-Dominique-Savio1.7 km

    French Catholic · Conseil scolaire catholique Providence

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N4K

Population
28,975
Private dwellings
13,555
Median age
49.2
Average household size
2.2
Median household income
$69,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Owen Sound · last 12 months

Median sold price
$445,000
Homes sold
275
Median days on market
33
Sale-to-list price
96.2%

Based on 275 recorded sales of residential freehold properties in Owen Sound over the last 12 months.

Rooms

3-piece on Main, 4-piece on Second, 4-piece on Second, 4-piece on Second, 4-piece on Second

Second

  • Bathroom8'8" x 6'7"
  • Bathroom8'3" x 5'5"
  • Bathroom8'6" x 4'8"
  • Bathroom5'9" x 6'6"
  • Bedroom11'8" x 15'4"
  • Bedroom11'8" x 10'8"
  • Bedroom11'8" x 14'2"
  • Bedroom11'10" x 10'2"
  • Bedroom12'4" x 12'4"
  • Bedroom11'10" x 10'10"
  • Bedroom9'11" x 12'8"
  • Dining Room12'10" x 11'5"
  • Family Room12'5" x 13'10"
  • Family Room12'10" x 17'6"
  • Kitchen11'9" x 8'5"
  • Kitchen7'7" x 6'11"
  • Kitchen7'6" x 9'
  • Laundry10'11" x 4'10"
  • Living Room20'6" x 11'10"

Main

  • Bathroom7'4" x 8'8"
  • Dining Room11'6" x 11'11"
  • Foyer13'5" x 6'4"
  • Kitchen7' x 9'9"
  • Kitchen12'11" x 11'3"
  • Living Room21'1" x 14'6"
  • Living Room13'6" x 15'3"
  • Office7' x 12'4"
  • Office12' x 12'9"
  • Primary Bedroom12'2" x 17'2"
  • Sunroom10'9" x 21'9"

Basement

  • Other12'10" x 14'6"
  • Other20'6" x 19'5"
  • Other19'8" x 22'4"
  • Utility Room12'3" x 21'2"

Listed by

eXp Realty

Walk Score

82

Walk

39

Bike

Scores by Walk Score®

Mortgage Calculator

$165,800

Estimated Monthly Payment

$4,073

Land transfer tax

Estimated land transfer tax$13,055

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,073/mo (20% down, 5.5%)

Taxes: $770/mo · Insurance: $207/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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