Skip to main content
221 Owen Sound Street

221 Owen Sound Street

Shelburne, ON

  • 6 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Triplex
  • 47 days on market
$849,000

LEGAL TRIPLEX. 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 to 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.

Virtual Tour

Virtual Tour Available

3D Tour
Virtual Tour

Listing Details

Taxes (2025)
$4,772
Listed
July 31, 2026

Price History

Listing history

Sign in to view

Property

Style
2-Storey
Age
100+
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete, Stone
Interior
Carpet Free, Separate Hydro Meter
Lot Size
49 x 79 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Owen Sound/2nd Ave
Zoning
Residential
Parcel Number
341340190
Possession
Flexible
Occupancy
Partial

Included

Inclusions
All appliances, garden shed.
Rental Items
Hot Water Tanks - paid by tenants

Schools

Secondary

  • Centre Dufferin District High School0.3 km

    Public · Upper Grand DSB · 810 students

    Grade 10 literacy: 76% met the provincial standard

Elementary

  • Hyland Heights Elementary School0.4 km

    Public · Upper Grand DSB · 480 students

    Grade 3 reading: 60% met the provincial standard · Grade 6 math: 16% met the provincial standard

  • Centennial Hylands Elementary School0.6 km

    Public · Upper Grand DSB · 540 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 40% met the provincial standard

  • Glenbrook Elementary School0.8 km

    Public · Upper Grand DSB · 430 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 36% met the provincial standard

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 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

Residential Freehold 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 residential freehold properties in Shelburne over the last 12 months.

Rooms

4-piece on Lower, 4-piece on Ground, 4-piece on Upper

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.

Mortgage Calculator

$169,800

Estimated Monthly Payment

$4,171

Land transfer tax

Estimated land transfer tax$13,455

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: $4,171/mo (20% down, 5.5%)

Taxes: $398/mo · Insurance: $212/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 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.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences