
805 3rd Avenue
Owen Sound, ON
- 8 bed
- 5 bath
- approx. 3500-5000 sqft
- Multiplex
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
Walk
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$165,800
Estimated Monthly Payment
$4,073
Land transfer tax
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.
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