Salehian.com 647-325-5000

1088 8th Street E

Owen Sound, Owen Sound, N4K 1M6

$525,000

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  • 6 bedrooms
  • 2 bathrooms
  • 3 parking
  • 700-1100 sq ft

Listed 55 days ago · MLS® X13713914

About this home

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.

Details

Type
Detached
Style
Bungalow
Size
700-1100 sq ft
Lot
60.73 × 76.96 ft
Basement
Separate Entrance, Finished
Garage
None
Kitchens
1
Property tax
$3,866 (2025)
Neighbourhood
Owen Sound
Municipality
Owen Sound
Price per sq ft
$583 (60% above detached houses in Owen Sound, $364)

Interior

Bedrooms
6 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (lower)
Rooms
6 above ground + 6 below
Family room or den
Yes
Fireplace
No
Features
Accessory Apartment, Carpet Free, Primary Bedroom - Main Floor, Storage, Water Meter

Heating, cooling and services

Heating
Baseboard, Gas
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
North
Outdoor
Fence - Full

Parking

Total parking
3
Driveway and parking
Private

Lot

Size
60.73 × 76.96 ft

More

Possession
Immediate
Nearby
School, Fenced Yard, Hospital, Public Transit, Rec./Commun.Centre
Cross street
Just 150 metres from Georgian College - close enough to walk to class in under two minutes.

Rooms

RoomLevelSizeFeatures
FoyerMain1.78 × 2.03 m (5'10" × 6'8")
Living RoomMain4.12 × 3.33 m (13'6" × 10'11")
Dining RoomMain3.73 × 3.63 m (12'3" × 11'11")Glass Doors, W/O To Yard
KitchenMain2.95 × 2.39 m (9'8" × 7'10")Stainless Steel Appl, Open Concept
BedroomMain3.73 × 3.53 m (12'3" × 11'7")Double Closet, Overlooks Backyard, Vinyl Floor
Bedroom 2Main3.25 × 3.05 m (10'8" × 10')Vinyl Floor
Bedroom 3Main3.25 × 2.59 m (10'8" × 8'6")Vinyl Floor
BathroomMain3.53 × 1.5 m (11'7" × 4'11")4 Pc Bath, Tile Floor
Bedroom 4Lower3.76 × 4.04 m (12'4" × 13'3")Vinyl Floor
Bedroom 5Lower3.76 × 2.95 m (12'4" × 9'8")Vinyl Floor
BedroomLower3.38 × 3.25 m (11'1" × 10'8")Vinyl Floor
BathroomLower2.59 × 1.4 m (8'6" × 4'7")3 Pc Bath, Tile Floor, Separate Shower
RecreationLower3.94 × 3.48 m (12'11" × 11'5")Vinyl Floor, W/O To Yard
LaundryLower3.4 × 2.54 m (11'2" × 8'4")Tile Floor

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 6 cafés and restaurants, 2 parks, 2 pharmacies. Nearest park: Taylor Park (500 m).

Schools nearby

Elementary

  • Alexandra Community School
    EQAO: Gr 6 reading 69%, math 23%    14 min walk
  • Hillcrest Elementary School
    EQAO: Gr 6 reading 62%, math 22%    2.2 km
  • École catholique Saint-Dominique-Savio Catholic · French2.3 km
  • Notre Dame Catholic School Catholic
    EQAO: Gr 6 reading 84%, math 55%    2.5 km

Secondary

  • St. Mary's High School Catholic
    EQAO: Gr 9 math 44%, literacy test 80%    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N4K

Owners / renters
66% / 34%
Median household income
$69,500
Average age
46
Children under 15
14%
Homes
60% detached, 6% high-rise
Commute by transit
1%
Population
28,975

Languages spoken most at home besides English: Arabic 0.2%, Korean 0.1%, Punjabi (Panjabi) 0.1%, Malayalam 0.1%.

Safety

Crime Severity Index for Owen Sound police: 103 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Keller Williams Experience Realty.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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