For Sale

1088 8th Street

$525,000
Owen Sound, Ontario N4K 1M6 · MLS® X13713914 · Updated 1h ago
1088 8th Street E, Owen Sound, ON N4K 1M6
1 / 44 photos
6
Bedrooms
2
Bathrooms
Sq Ft
3
Parking

About This Home

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.

Property Information

Type
Residential Freehold
Style
Detached
Architectural Style
Bungalow
Lot Size
60.73 × 76.96 ft
Direction Faces
North
Bedrooms
6
Kitchens
1
Parking
3 total · None
Cross Street
Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
Postal Code
N4K 1M6
Occupancy
Vacant
Possession
Immediate
MLS#
X13713914
Listing Office
Keller Williams Experience Realty

Building Details

Construction
Aluminum Siding, Brick
Roof
Asphalt Shingle
Heating
Baseboard · Gas
Cooling
None
Basement
Separate Entrance, Finished
Fireplace
No
Laundry
Lower Level
Pool
None

Features & Amenities

Interior
Accessory ApartmentCarpet FreePrimary Bedroom - Main FloorStorageWater Meter
Property
SchoolFenced YardHospitalPublic TransitRec./Commun.Centre

Financials & Fees

Annual Property Tax
$3,866 (2025)

Inclusions & Exclusions

Inclusions

Fridge, Stove, Dishwasher, Washer, Dryer, Owned Hot Water Tank, Lawn Mower

Location

Listing courtesy of:Keller Williams Experience Realty

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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