1379 3rd Avenue, Owen Sound, Ontario N4K 2L8 is For Sale and has a listing price of 375,000. The property is located in the Owen Sound neighbourhood . It's been on the website for 7 Days.
TURN-KEY DUPLEX WITH 8.5% CAP RATE. SOLID CASH FLOW IN A STRONG RENTAL MARKET. Looking for a reliable, income-producing property? This legal duplex is the definition of a smart investment, generating over $41,000 in annual rental income with an unheard of 8.5% cap rate. At 20% down, you’ll earn back your initial investment in just 23 months–all while tenants cover their own hydro. The solid brick two-storey home features a spacious 3-bedroom main floor unit and a bright 2-bedroom upper unit, making it a desirable rental in a market with consistent demand. Both units are separately metered with separate entrances and separate laundry. With strong tenant appeal and consistent demand, it’s a set-it-and-forget-it kind of asset. Whether you’re a seasoned investor or just getting started, this property offers immediate cash flow, long-term stability, and a low-maintenance path to building wealth in the heart of Owen Sound. Smart investment. Solid returns. Zero drama.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 10/10/2025 | X12457182 | $375,000 | For Sale | - | - |
| 06/13/2025 | X12218010 | $398,500 | For Sale | - | - |
