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271 7th Street

Owen Sound / Owen Sound, ON N4K 1H8

ActiveFor Sale
6 Beds
3 Baths
3,000 Sq Ft
Multi-Family

About This Property

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. This home has been well maintained, and is move in ready!

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size3,000 sq ft
Bedrooms6
Bathrooms3
Postal CodeN4K 1H8
Last UpdatedAug 8, 2026 · 8:07 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13127142

Listed by Royal LePage RCR Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$549,000

asking price

MLS®X13127142
TypeMulti-Family
CityOwen Sound
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,681

/month · $439,200 mortgage

Down Payment20% — $109,800
Interest Rate5.5%

Amortization

Total Interest

$365,052

Total Cost

$804,252

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Royal LePage RCR Realty