$525,000
Available - For Sale
Listing ID: X13713914
1088 8th Street East , Owen Sound, N4K 1M6, Grey County
| 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. |
| Price | $525,000 |
| Taxes: | $3866.00 |
| Occupancy: | Vacant |
| Address: | 1088 8th Street East , Owen Sound, N4K 1M6, Grey County |
| Directions/Cross Streets: | Just 150 metres from Georgian College - close enough to walk to class in under two minutes. |
| Rooms: | 6 |
| Rooms +: | 6 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Separate Ent, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 5.84 | 6.66 | |
| Room 2 | Main | Living Ro | 13.51 | 10.92 | |
| Room 3 | Main | Dining Ro | 12.23 | 11.91 | Glass Doors, W/O To Yard |
| Room 4 | Main | Kitchen | 9.68 | 7.84 | Stainless Steel Appl, Open Concept |
| Room 5 | Main | Bedroom | 12.23 | 11.58 | Double Closet, Overlooks Backyard, Vinyl Floor |
| Room 6 | Main | Bedroom 2 | 10.66 | 10 | Vinyl Floor |
| Room 7 | Main | Bedroom 3 | 10.66 | 8.5 | Vinyl Floor |
| Room 8 | Main | Bathroom | 11.58 | 4.92 | 4 Pc Bath, Tile Floor |
| Room 9 | Lower | Bedroom 4 | 12.33 | 13.25 | Vinyl Floor |
| Room 10 | Lower | Bedroom 5 | 12.33 | 9.68 | Vinyl Floor |
| Room 11 | Lower | Bedroom | 11.09 | 10.66 | Vinyl Floor |
| Room 12 | Lower | Bathroom | 8.5 | 4.59 | 3 Pc Bath, Tile Floor, Separate Shower |
| Room 13 | Lower | Recreatio | 12.92 | 11.41 | Vinyl Floor, W/O To Yard |
| Room 14 | Lower | Laundry | 11.15 | 8.33 | Tile Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 3 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | Bungalow |
| Exterior: | Aluminum Siding, Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Fence - Full |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | School, Fenced Yard |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Keller Williams Experience Realty |
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Dir:
416-901-9881
Bus:
416-901-8881
Fax:
416-901-9881
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At a Glance:
| Type: | Freehold - Detached |
| Area: | Grey County |
| Municipality: | Owen Sound |
| Neighbourhood: | Owen Sound |
| Style: | Bungalow |
| Tax: | $3,866 |
| Beds: | 6 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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