221 Owen Sound St

About this Property

LEGAL TRIPLEX. This iconic building located in the growing municipality of Shelburne has been completed renovated top to bottom, creating a 3 bedroom unit, a 2 bedroom unit and a 1 bedroom basement walkout unit. Opportunity for Owner Occupied as the main floor 3 Bedroom unit has recently become vacant. The upper 2 Bedroom and basement 1 bedroom are currently occupied with good tenants who would like to stay - income from those two units is $3400 per month. With 15% down payment the mortgage payment is $3430 (30 year amortization @3.7%) Great opportunity for first time home buyer to get into the market. Gross rent is $5600 fully tenanted. All units have their own laundry facilities, separate hydro meters and separate water meters. Luxury vinyl plank flooring throught all units. One parking space for each tenant. Located close to Shelburne's Downtown - also walking distance to schools and recreation facilities. Please note: Main floor unit is vacant and can be viewed. Upper and Basement units are finished in a similar manner as per the photos. Showing of the tenanted spaces upon accepted offer. Floor plans and Zoning Approval are in the photos.

Listing Details

MLS #

X13878612

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Year Built

100+

Garage

None

Parking Spaces

3

Basement

Y

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

49 × 79 ft

Annual Taxes

$4,772/yr

Listed By

REMAX REAL ESTATE CENTRE INC.

Listed On

October 8, 2026

Features & Extras