$525,000Asking Price
1088 8th Street E, Owen Sound, ON N4K 1M6
Owen Sound, Owen Sound
6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play.
6 BEDROOMS. $800/ROOM. YOU DO THE MATH. Just 150 metres from Georgian College, this proven student rental has been housing college students for more than a decade... and it just got a serious upgrade! Six private bedrooms at a potential $800/month each means $4,800/month or $57,600/year in potential gross rental income. And unlike buying someone else's tired rental and inheriting their problems, this one is vacant and freshly renovated, giving you the opportunity to choose your own tenants and establish rents from day one. The heavy lifting has already been done: new flooring throughout (2026), two updated bathrooms (2026), and a brand-new kitchen with new stainless steel appliances (2026). Each bedroom is equipped with a fire-rated self-closing door and individual lock. There's plenty of shared living space with a living room, dining room, kitchen, laundry, and rec room, plus a fully fenced backyard with multiple decks and a paved driveway with parking for multiple vehicles. The location is the real kicker: Georgian College is 150 metres away. No bus. No car. Barely even a walk. Six rentable rooms, a decade-long history as student housing, fresh renovations, and vacant possession. Fill the rooms. Collect the rent. That's the play.
See MoreKey Info
- Bungalow Detached
- 3-Car Driveway
- No Garage
- Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
- 700-1100 Approximate Sq Feet
- Finished Basement
- 1 Kitchen
- Baseboard Gas Heating
- No A/C
Property
- Lot Size 60.73 x 76.96 Feet
- Aluminum Siding/Brick Exterior
- Taxes were $3,866 in 2025
- Possession: Immediate
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #X13713914
- Keller Williams Experience Realty
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 5.84' x 6.66' | |
| 2 | Kitchen | Main | 9.68' x 7.84' | Stainless Steel Appliances, Open Concept |
| 3 | Bathroom | Main | 11.58' x 4.92' | 4-PieceBath, Tile Floor |
| 4 | Bathroom | Lower | 8.50' x 4.59' | 3-PieceBath, Tile Floor, Separate Shower |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
Owen Sound, Owen Sound is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
48%
of residents are
single and loving it.
48% singles
Owen Sound (48%)Renters
42%
of residents
are renters.
42% renters
Owen Sound (42%)Education
20%
of residents are
university grads.
20% university grads
Owen Sound (20%)Income
Average Household Income
$82K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 20% |
| Trades | 9% |
| Government | 8% |
| Business | 6% |
| Health | 6% |
Immigrants
7%
of residents were
born outside of Canada.
7% immigrants
Owen Sound (7%)Birthplace - All
1.8% from UK
All-time
Birthplace - Recent
0.1% from India
Recent
Foreign Languages
Foreign Languages
| French | 1% |
| German | 1% |
Religions
Religions
| Christian | 62% |
