$525,000
5.64 BTC
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1088 8Th Street, Owen Sound
$525,000
PRICE
6
BEDROOMS
2
BATHROOMS
X13713914
MLSID

1088 8Th Street, Owen Sound

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.
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Summary

Address
1088 8Th Street
Community
MLSID
X13713914
Property Type
Detached
Property Category
Bedrooms
6
Bathrooms
2
Kitchens
1
Zoning
R1
Taxes (Annual)
$3,866.00
Tax Year
2025
Published
August 26, 2026
Days on Market
3 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

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

Details

Property Features
School, Fenced Yard, Hospital, Public Transit, Rec./Commun.Centre
Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Lower Level
Basement
Separate Entrance, Finished
Interior Features
Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Storage, Water Meter
Parking Spaces
3
Parking Total
3
Parking Features
Private
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Brick
Lot Width
61 Feet
Lot Depth
77 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Baseboard
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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