$599,000
6.43 BTC
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Map
850 11Th Street, Owen Sound
$599,000
PRICE
2 + 2
BEDROOMS
2
BATHROOMS
X13646656
MLSID

850 11Th Street, Owen Sound

Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over 1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.
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Summary

Address
850 11Th Street
Community
MLSID
X13646656
Property Type
Detached
Property Category
Bedrooms
2 + 2
Bathrooms
2
Kitchens
1 + 1
Zoning
R1
Taxes (Annual)
$3,935.73
Tax Year
2026
Published
August 6, 2026
Days on Market
7 Days
Possession Type
Immediate
Possession Details
Immediate
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Inclusions

Built In Microwave x 2, Dishwasher x 2, Refrigerator x 2, Stove x 2, Washer, Dryer

Exclusions

None

Details

Property Features
School, Public Transit
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Lower Level
Basement
Finished
Exterior Features
Deck
Interior Features
Accessory Apartment, Water Heater Owned
Parking Spaces
8
Parking Total
10
Parking Features
Private
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick, Stone
Lot Width
125 Feet
Lot Depth
105 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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