1088 8th Street E Owen Sound, Ontario N4K 1M6

$525,000

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. (id:42776)

Property Details

MLS® Number	X13713914
Property Type	Single Family
Community Name	Owen Sound
Amenities Near By	Schools, Hospital, Public Transit
Community Features	Community Centre
Equipment Type	None
Features	Carpet Free
Parking Space Total	3
Rental Equipment Type	None

Building

Bathroom Total	2
Bedrooms Above Ground	6
Bedrooms Total	6
Appliances	Water Meter, Dishwasher, Dryer, Water Heater, Stove, Washer, Refrigerator
Architectural Style	Bungalow
Basement Development	Finished
Basement Features	Separate Entrance
Basement Type	N/a, N/a (finished)
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Aluminum Siding, Brick
Flooring Type	Vinyl, Tile
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters
Stories Total	1
Size Interior	700 - 1,100 Sqft
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Fence Type	Fully Fenced, Fenced Yard
Land Amenities	Schools, Hospital, Public Transit
Sewer	Sanitary Sewer
Size Depth	77 Ft
Size Frontage	60 Ft ,8 In
Size Irregular	60.7 X 77 Ft
Size Total Text	60.7 X 77 Ft
Zoning Description	R1

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	Bedroom	3.38 m	3.25 m	3.38 m x 3.25 m
Lower Level	Bathroom	2.59 m	1.4 m	2.59 m x 1.4 m
Lower Level	Recreational, Games Room	3.94 m	3.48 m	3.94 m x 3.48 m
Lower Level	Laundry Room	3.4 m	2.54 m	3.4 m x 2.54 m
Lower Level	Bedroom 4	3.76 m	4.04 m	3.76 m x 4.04 m
Lower Level	Bedroom 5	3.76 m	2.95 m	3.76 m x 2.95 m
Main Level	Foyer	1.78 m	2.03 m	1.78 m x 2.03 m
Main Level	Living Room	4.12 m	3.33 m	4.12 m x 3.33 m
Main Level	Dining Room	3.73 m	3.63 m	3.73 m x 3.63 m
Main Level	Kitchen	2.95 m	2.39 m	2.95 m x 2.39 m
Main Level	Bedroom	3.73 m	3.53 m	3.73 m x 3.53 m
Main Level	Bedroom 2	3.25 m	3.05 m	3.25 m x 3.05 m
Main Level	Bedroom 3	3.25 m	2.59 m	3.25 m x 2.59 m
Main Level	Bathroom	3.53 m	1.5 m	3.53 m x 1.5 m

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30199078/1088-8th-street-e-owen-sound-owen-sound