271 7th Street E, Owen Sound, ON N4K 1H8
Owen Sound · Near 2nd ave east & 7th Street East · View map
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.
The home
- Type
- Duplex
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 15
- Basement
- Unfinished
- Lot size
- 63 x 104 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air, Window Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $4,602/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Immediate
- Cross street
- 2nd ave east & 7th Street East
- Neighbourhood
- Owen Sound
More
- Price per sq ft
- ~$154 (at 3,250 sq ft)
- MLS® number
- X13776794
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The home and its surroundings
- Primary Bedroom - Main Floor
- 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.
271 7th Street, Owen Sound, ON N4K 1H8
Owen Sound · Near 2nd ave east & 7th Street East
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Listing history for 271 7th 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 271 7th Street E
Answers come straight from this home’s MLS® listing.
How much is 271 7th Street E listed for, and what would it cost each month?
271 7th Street E is listed for $499,000. With 20% down ($99,800), the mortgage payment would be roughly $2,013 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,396 a month, all in. That figure is an illustration, not a quote.
Is 271 7th Street E freehold or a condo, and is there a monthly fee?
271 7th Street E is a duplex in Owen Sound. 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 271 7th Street E have?
271 7th Street E has 6 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 271 7th Street E have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 271 7th Street E have a finished basement?
The listing describes the basement as unfinished.
What style of home is 271 7th Street E?
271 7th Street E is a duplex. 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 271 7th Street E, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 63 x 104 ft.
How is 271 7th Street E heated and cooled?
Heating is forced air (gas). Cooling is central air, window unit(s).
What are the property taxes for 271 7th Street E?
Property taxes are $4,602 a year (2025), or about $384 a month.
Where is 271 7th Street E?
271 7th Street E is in Owen Sound. The nearest main intersection is 2nd ave east & 7th Street East. The postal code is N4K 1H8.
Is 271 7th Street E still for sale?
Yes. It is an active listing (MLS® X13776794). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 271 7th Street E asking?
Similar properties for sale nearby right now include 516 4th Avenue E at $499,999 (5 bed), 1082 8th Street E at $549,000 (5 bed) and 1650 3rd Avenue E at $499,900 (8 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 271 7th 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 271 7th Street E?
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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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.