221 8th Street, Owen Sound, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Owen Sound. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 32.96 x 105.39 ft lot size
- equipped with partial central cooling and highly efficient gas hot water heating
Description
INCREDIBLE INVESTMENT OPPORTUNITY within this Excellently Maintained and Updated Commercial Space with FOUR RESIDENTIAL APARTMENTS Above--- Current Monthly Rents for Occupied Residential Units--$663.80, $1400.00 and $1500.00-Inclusive Rents. Potential Rents for Commercial Space and outstanding Residential Unit believed to be approximately $1500.00 EACH for an ADDITIONAL $3000.00/Month. Commercial Space is currently Vacant due to Retirement-One Residential Apartment is Currently Vacant. Updated Windows (2022), Most Flooring (Commercial Grade within Retail Space), Paint, Plumbing Fixtures (Faucets and Toilets Throughout including an ACCESSIBLE WASHROOM within Retail/Office Space). Additional Finished Basement Area with Multiple Finished Rooms in Terrific Shape! Vacant possession offered within the completely renovated Main floor and Lower Level as well as One Residential Unit. An Abundance of Municipal Parking in Close Proximity. Ask your REALTOR for Break Down of Income and Expenses.
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Property Summary
This commercial retail located at 221 8th Street, Owen Sound is currently for sale and has been available on SousaSells for 141 days. This property is listed at $549,000 with an estimated mortgage of $1,827* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 221 8th Street, Owen Sound is in the Owen Sound neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Owen Sound, Owen Sound.
- •Desirable Commercial Retail architecture in Owen Sound, Owen Sound
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
- Public Transit
- Recreation/Community Centre
Frequently Asked Questions about 221 8th Street, Owen Sound, ON
Q.What is the asking price for 221 8th Street, Owen Sound, ON ?
The current listing price for 221 8th Street, Owen Sound, ON in Owen Sound, Owen Sound is $549,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 221 8th Street, Owen Sound, ON ?
221 8th Street, Owen Sound, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Public Transit, Recreation/Community Centre.
Q.What security features are installed at 221 8th Street, Owen Sound, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Partial.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Owen Sound, Owen Sound
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 221 8th Street E, Owen Sound, ON N4K 1L2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Owen Sound, ON
For a property listed at $549,000 in Owen Sound, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. As this listing is in Owen Sound (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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