271 7th Street E
Owen Sound, Owen Sound, N4K 1H8
$499,000
Reduced $30,000 from $529,000
- 6 bedrooms
- 3 bathrooms
- 4 parking
- 3000-3500 sq ft
Listed 37 days ago · MLS® X13776794
About this home
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. One unit vacant, One unit will be Vacant Nov1st, 2026, & one unit occupied.
Details
- Type
- Duplex
- Style
- 2-Storey
- Size
- 3000-3500 sq ft
- Lot
- 63 × 104 ft
- Basement
- Unfinished
- Garage
- None
- Kitchens
- 3
- Property tax
- $4,602 (2025)
- Neighbourhood
- Owen Sound
- Municipality
- Owen Sound
Interior
- Bedrooms
- 6 above ground
- Bathrooms
- 1 × 3-piece, 2 × 4-piece
- Rooms
- 15 above ground
- Family room or den
- No
- Fireplace
- No
- Features
- Primary Bedroom - Main Floor
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air, Window Unit(s)
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Brick, Vinyl Siding
- Roof
- Shingles
- Foundation
- Stone
- Faces
- South
Parking
- Total parking
- 4
Lot
- Size
- 63 × 104 ft
More
- Possession
- Immediate
- Cross street
- 2nd ave east & 7th Street East
History of this address
2 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 Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 3 grocery stores, 13 cafés and restaurants, 8 parks, 3 pharmacies. Nearest grocery: Lawson's (500 m). Nearest park: Charlie Kelly Parkette (250 m).
Schools nearby
Elementary
- Hillcrest Elementary School
EQAO: Gr 6 reading 62%, math 22%12 min walk - Alexandra Community School
EQAO: Gr 6 reading 69%, math 23%1.4 km - St. Basil's Separate School Catholic1.6 km
Secondary
- Owen Sound District Secondary School
EQAO: Gr 9 math 49%, literacy test 81%1.3 km - St. Mary's High School Catholic
EQAO: Gr 9 math 44%, literacy test 80%1.4 km
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 Royal LePage RCR Realty.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Owen Sound
$499,000
3 bd2 ba2 pk700-1100 ft²
907 9th A Avenue E
Owen Sound, Owen Sound
Att/Row/Townhouse · MLS® X13783876 · Sutton-Sound Realty
$499,900
8 bd4 ba3 pk1500-2000 ft²
1650 3rd Avenue E
Owen Sound, Owen Sound
Fourplex · MLS® X13682456 · HOMELIFE/MIRACLE REALTY LTD
$499,900
3 bd2 ba4 pk1100-1500 ft²
1195 4th Avenue W
Owen Sound, Owen Sound
Detached · MLS® X13873156 · RE/MAX Grey Bruce Realty Inc.
$495,000
3 bd2 ba4 pk2000-2500 ft²
902 2nd Avenue W
Owen Sound, Owen Sound
Duplex · MLS® X13760866 · RE/MAX Grey Bruce Realty Inc.
$495,000
3 bd2 ba2 pk1100-1500 ft²
755 4th Avenue E
Owen Sound, Owen Sound
Detached · MLS® X13850128 · Chestnut Park Real Estate
$509,900
4 bd2 ba5 pk1500-2000 ft²
1321 4th Avenue W
Owen Sound, Owen Sound
Detached · MLS® X13779434 · Royal LePage D C Johnston Realty
$485,000
Reduced $14,000
3 bd1 ba5 pk700-1100 ft²
148 7th Avenue E
Owen Sound, Owen Sound
Detached · MLS® X13700504 · Century 21 Millennium Inc.
$525,000
6 bd2 ba3 pk700-1100 ft²
1088 8th Street E
Owen Sound, Owen Sound
Detached · MLS® X13713914 · Keller Williams Experience Realty