$889,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 8Bathrooms: 5Lot: 110 x 162.8 ft
2025 Taxes: $8,757.21

805 3rd Ave W
Owen Sound, ON N4K 4P4 | Grey County

Well-located multiplex investment property within walking distance to the library, mill dam, and farmers market, featuring a total of five units across two buildings. The main building offers four units with 4,768 sq ft, plus a separate 696 sq ft one-bedroom unit above the carriage house, for a total of 5,464 sq ft of above-grade living space. Currently qualifies for residential financing, as the fifth unit is detached. The property includes a partial basement with coin-operated laundry and storage, a stamped concrete driveway with ample parking, and separate hydro meters for each unit. Heating is provided by radiant hot water with boilers replaced in November 2022 by Nickason's. The main building features tall ceilings and consists of three two-bedroom units and one one-bedroom unit, with an additional one-bedroom unit above the garage. A reliable on-site tenant currently handles snow removal and lawn care and may be willing to continue. Financials include annual taxes of $8,757.21, gas $3,850.19, insurance $3,626.37, hydro $1,953.51, water and sewer $2,668, and snow and grass $2,366, with additional income from laundry at $1,800 and total rental income of $71,157.96. Note that minor water seepage may occur in the laundry room during spring thaw or heavy rain, draining to the floor drain. Zoned R5.
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Listed By eXp Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12992310
Last Updated May 06, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 370740141
Legal Description PART LOT 20 PLAN 40 OWEN SOUND AS IN R293704; OWEN SOUND
Possession Date Flexible
Taxes (2025) $8,757.21
Directions/Cross Streets 3rd Ave W & 8th St W
Neighbourhood Owen Sound
Area Grey County
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 8
Bathrooms 5
Lot 110 x 162.8 ft
Exterior Stone
Air Conditioning None
Fireplace/Stove Y
Basement Crawl Space, Partial Basement, Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 7
Heat Source Gas
Heat Type Radiant
Sewers Sewer

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