1088 8th Street
Owen Sound, ON
- 6 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play.
Listing Details
- Taxes (2025)
- $3,866
- Listed
- August 26, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Storage, Water Meter
- Lot Size
- 60.73 x 76.96 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
- Zoning
- R1
- Parcel Number
- 370630153
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer, Owned Hot Water Tank, Lawn Mower
Schools
Elementary
- Hillcrest Elementary School0.5 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 School1.3 km
Catholic · Bruce-Grey CDSB · 315 students
- École élémentaire catholique St-Dominique-Savio1.5 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 School1.1 km
Public · Bluewater DSB · 1285 students
Grade 10 literacy: 81% met the provincial standard
- St Mary's High School1.4 km
Catholic · Bruce-Grey CDSB · 1035 students
Grade 10 literacy: 80% met the provincial standard
- École secondaire catholique Saint-Dominique-Savio1.5 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
- $447,500
- Homes sold
- 276
- Median days on market
- 33
- Sale-to-list price
- 96.2%
Based on 276 recorded sales of residential freehold properties in Owen Sound over the last 12 months.
Rooms
4-piece on Main, 3-piece on Lower
Main
- Bathroom11'7" x 4'11"
- Bedroom12'3" x 11'7"
- Bedroom 210'8" x 10'
- Bedroom 310'8" x 8'6"
- Dining Room12'3" x 11'11"
- Foyer5'10" x 6'8"
- Kitchen9'8" x 7'10"
- Living Room13'6" x 10'11"
Lower
- Bathroom8'6" x 4'7"
- Bedroom11'1" x 10'8"
- Bedroom 412'4" x 13'3"
- Bedroom 512'4" x 9'8"
- Laundry11'2" x 8'4"
- Recreation12'11" x 11'5"
Listed by
Keller Williams Experience Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$105,000
Estimated Monthly Payment
$2,579
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: $2,579/mo (20% down, 5.5%)
Taxes: $322/mo · Insurance: $131/mo
Estimates only. Consult a financial advisor.
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