221 Owen Sound Street, Shelburne, ON L9V 3L2
Shelburne · Near Owen Sound/2nd Ave · View map
About this home
LEGAL TRIPLEX. 7 % Cap Rate. 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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 18
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance
- Lot size
- 49 x 79 ft
- Faces
- East
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private Triple
Taxes & other
- Property taxes
- $4,772/yr
- Tax year
- 2025
- Occupancy
- Partial
- Possession
- TBD
- Cross street
- Owen Sound/2nd Ave
- Neighbourhood
- Shelburne
More
- Price per sq ft
- ~$471 (at 1,750 sq ft)
- MLS® number
- X13878620
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The home and its surroundings
- Carpet Free
- Separate Hydro Meter
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
221 Owen Sound Street, Shelburne, ON L9V 3L2
Shelburne · Near Owen Sound/2nd Ave
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Listing history for 221 Owen Sound Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 221 Owen Sound Street
Answers come straight from this home’s MLS® listing.
How much is 221 Owen Sound Street listed for, and what would it cost each month?
221 Owen Sound Street is listed for $824,000. With 20% down ($164,800), the mortgage payment would be roughly $3,324 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,721 a month, all in. That figure is an illustration, not a quote.
Is 221 Owen Sound Street freehold or a condo, and is there a monthly fee?
221 Owen Sound Street is a triplex in Shelburne. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 221 Owen Sound Street have?
221 Owen Sound Street has 6 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 221 Owen Sound Street have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 221 Owen Sound Street have a finished basement?
The listing describes the basement as apartment, finished with walk-out, separate entrance. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 221 Owen Sound Street?
221 Owen Sound Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 221 Owen Sound Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 49 x 79 ft.
How is 221 Owen Sound Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 221 Owen Sound Street?
Property taxes are $4,772 a year (2025), or about $398 a month.
Where is 221 Owen Sound Street?
221 Owen Sound Street is in Shelburne. The nearest main intersection is Owen Sound/2nd Ave. The postal code is L9V 3L2.
Is 221 Owen Sound Street still for sale?
Yes. It is an active listing (MLS® X13878620). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 221 Owen Sound Street asking?
Similar properties for sale nearby right now include 221 Owen Sound Street at $824,000 (6 bed), 242 Main Street E at $859,000 (5 bed) and 213 Morden Drive at $867,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 221 Owen Sound Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 221 Owen Sound Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Investment$824,000221 Owen Sound Street, Shelburne6 bed · 3 bath · ShelburneCourtesy of: RE/MAX REAL ESTATE CENTRE INC.View home →
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Detached home$867,000213 Morden Drive, Shelburne4 bed · 4 bath · ShelburneCourtesy of: RE/MAX GOLD REALTY INC.View home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.