221 Owen Sound Street
Shelburne, ON
- 6 bed
- 3 bath
- 2,790 sqft
- Investment
- 46 days on market
LEGAL TRIPLEX. 6.8% Cap Rate. This iconic building located in the growing municipality of Shelburne has been completed renovated top to bottom, creating a 3 bedroom unit, a 2 bedroom unit and a 1 bedroom basement walkout unit. Opportunity for Owner Occupied as the main floor 3 Bedroom unit has recently become vacant. The upper 2 Bedroom and basement 1 bedroom are currently occupied with good tenants who would like to stay - income from those two units is $3400 per month. With 15% down payment the mortgage payment is $3430 (30 year amortization @3.7%) Great opportunity for first time home buyer to get into the market. Gross rent is $5600 fully tenanted. All units have their own laundry facilities, separate hydro meters and separate water meters. Luxury vinyl plank flooring throught all units. One parking space for each tenant. Located close Shelburne's Downtown - also walking distance to schools and recreation facilities. Please note: Main floor unit is vacant and can be viewed. Upper and Basement units are finished in a similar manner as per the photos. Showing of the tenanted spaces upon accepted offer. Floor plans and Zoning Approval are in the photos.
Listing Details
- Taxes (2025)
- $4,772
- Listed
- August 1, 2026
Price History
Listing history
Sign in to view
Property
- Age
- 100+
- Lot Size
- 49 x 79 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
- Heat Source
- Gas
Location & Legal
- Cross Street
- Owen Sound/2nd Ave
- Zoning
- Residential - Legal Triplex
- Parcel Number
- 341340190
- Possession
- Flexible
- Occupancy
- Partial
Commercial
- Business Type
- Apts - 2 To 5 Units
Included
- Inclusions
- All appliances, garden shed
- Rental Items
- Hot Water Heaters (3) Paid by Tenant
Community
Postal area L9V
- Population
- 17,750
- Private dwellings
- 6,657
- Median age
- 40
- Average household size
- 2.9
- Median household income
- $105,000
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
Commercial in Shelburne · last 12 months
- Median sold price
- $642,500
- Homes sold
- 134
- Median days on market
- 34
- Sale-to-list price
- 96.8%
Based on 134 recorded sales of commercial properties in Shelburne over the last 12 months.
Rooms
3 × washrooms
Upper
- Bedroom13'3" x 13'
- Bedroom 212'10" x 10'2"
- Kitchen10'6" x 10'2"
- Living Room12'10" x 9'8"
Ground
- Bedroom 210'8" x 7'7"
- Bedroom 310'8" x 7'7"
- Kitchen10'2" x 12'10"
- Living Room23'1" x 9'9"
- Primary Bedroom12'10" x 11'
Basement
- Bedroom14'3" x 7'
- Kitchen14'9" x 12'
- Living Room10'6" x 9'11"
Listed by
RE/MAX REAL ESTATE CENTRE INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,790 sq ft
- Price per sq ft
- $304.30
- Annual property tax
- $4,772
- Tax per sq ft
- $1.71
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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