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850 11th Street

850 11th Street

Owen Sound, ON

  • 4 bed
  • 2 bath
  • approx. 700-1100 sqft
  • Duplex
$599,000

Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.

Listing Details

Taxes (2026)
$3,936
Listed
August 6, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Brick, Stone
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Accessory Apartment, Water Heater Owned
Lot Size
125 x 105 Feet

Parking

Garage
Carport
Covered Spaces
2
Total Parking
10

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Alpha St. & 11th St. W.
Zoning
R1
Parcel Number
370500087
Possession
Immediate
Occupancy
Tenant

Included

Inclusions
Built In Microwave x 2, Dishwasher x 2, Refrigerator x 2, Stove x 2, Washer, Dryer
Exclusions
None

Schools

Secondary

  • Owen Sound District Secondary School Secondary School0.3 km

    Public · Bluewater DSB · 1285 students

    Grade 10 literacy: 81% met the provincial standard

  • St Mary's High School2.1 km

    Catholic · Bruce-Grey CDSB · 1035 students

    Grade 10 literacy: 80% met the provincial standard

  • École secondaire catholique Saint-Dominique-Savio2.7 km

    French Catholic · Conseil scolaire catholique Providence

Elementary

  • St Basil's Separate School0.5 km

    Catholic · Bruce-Grey CDSB · 315 students

  • Hillcrest Elementary School0.9 km

    Public · Bluewater DSB · 480 students

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

  • Alexandra Community School2.4 km

    Public · Bluewater DSB · 315 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 23% 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 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
278
Median days on market
33
Sale-to-list price
96.1%

Based on 278 recorded sales of residential freehold properties in Owen Sound over the last 12 months.

Rooms

4-piece on Main, 4-piece on Lower

Main

  • Bedroom 29'11" x 9'8"
  • Den9'11" x 8'11"
  • Dining Room7'8" x 6'2"
  • Kitchen13'6" x 9'9"
  • Living Room16'8" x 12'1"
  • Primary Bedroom13'9" x 9'9"

Lower

  • Bedroom 210'7" x 10'
  • Kitchen11'3" x 9'1"
  • Laundry5'10" x 3'10"
  • Living Room23'3" x 10'6"
  • Primary Bedroom11'7" x 8'10"

Listed by

Royal LePage RCR Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$119,800

Estimated Monthly Payment

$2,943

Land transfer tax

Estimated land transfer tax$8,455

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: $2,943/mo (20% down, 5.5%)

Taxes: $328/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

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