Listed for:Listed Sep 12, 2026
$499,000

271 7th Street E

Owen Sound, ON N4K 1H8

Multiplex For Sale
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Sale & Price History for 271 7th Street E, Owen Sound

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 271 7th Street E, Owen Sound

Summarized Description

  • Versatile duplex ideal for house-hacking or investment.
  • Five bedrooms and two kitchens for flexible living.
  • Potential for multiple rental income streams.
  • Separate entrance enhances privacy and accessibility.
  • Located near downtown and Georgian College.
  • Move-in ready with abundant natural light.
  • Well maintained in a stable rental market.

Exceptional Investment Opportunity: Versatile Duplex in the River District. Maximize your real estate portfolio with this strategically located Duplex, offering an ideal setup for a "house-hacking" owner-occupant or a seasoned investor. The main house features a spacious, functional layout with five bedrooms, 2 bathroom, 2 Laundry rooms, 2 kitchens & 2 living rooms. The separate entrance and layout provide the potential for converting the home into two separate units, providing three units of possible rental income. The home offers an abundant of natural light, and large bedrooms, making it a perfect primary residence while the additional rear unit contributes directly to your mortgage. The back apartment, accessible through the fenced in yard, offers main floor living. This is a 1-bedroom unit, with a bathroom, kitchen, living area & laundry facilities. This property is located steps away from the vibrant Downtown River District. Enjoy immediate access to local boutiques, cafes, and the farmers' market. With its proximity to Georgian College and major transit routes, this location ensures a consistent draw for quality tenants. All room sizes are approximate. Experience the benefits of multi-unit ownership in one of Grey County's most stable rental markets. One unit vacant, One unit will be Vacant Nov1st, 2026, & one unit occupied.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,602
Land Transfer Tax Fee
$6,455

Rental Items

Rental Equipment
Two Hot water tanks

Basement Type
Unfinished

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Shingles
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
63.00 ft
Lot Depth
104.00 ft

Inclusions

Inclusions
MAIN UNIT: Stove, fridge, Dishwasher, Stacked washer/dryer unit, electric heater for Sunroom. UPPER UNIT: Stove, Fridge, Washer & dryer. REAR UNIT: Combo washer/ dryer unit, Stove, Fridge, Window AC unit

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air, Window Unit(s)
Water
Municipal
Sewers
Sewer
Cable
Available

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 3-piece
  • 4-piece

Municipality
Owen Sound
Neighbourhood
Owen Sound
Main cross streets
2nd ave east & 7th Street East
Zoning
R4
Directions
From 10th Street east, turn south on 2nd Ave East. Just past the main shops downtown, turn left onto 7th St East. You will see the property only a few doors down, on your right hand side

MLS® number
X13776794
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-12
Updated on
2026-10-05
Days on market
35 days
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
Royal LePage RCR Realty

Home Market Value

Current home valuation for 271 7th Street E, Owen Sound, Owen Sound, ON. Listed for $499,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 271 7th Street E, Owen Sound

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Owen Sound, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Total Land Transfer Tax

$6,455

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