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CAONOwen Sound314 8Th St E
Listing image | Image 1

314 8Th St E, Owen Sound, ON

House

For Sale

Listed price in listed location currency (CAD).
$949,000

056

MLS® X13165322

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage Reserved/Assignd
Taxes $7,620
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13165322

Property Address: 314 8th St E, Owen Sound, ON, N4K1L4

Average square foot calculated using Size range provided by listing agent.

Description

Your money works harder in Owen Sound. Unlock immediate cash flow with this turnkey, fully tenanted mixed-use investment property in the heart of the Scenic City's revitalized downtown core. Extensively renovated and built for performance, this three-storey income generating powerhouse pulls in over $110, 000 in gross annual income with remarkably low operating expenses, delivering an impressive 10% cap rate. The main floor is occupied by an established convenience store business with strong community presence and consistent foot traffic, providing stable commercial tenancy in a high-visibility downtown location. Above, 4 beautifully updated residential apartments spanning approximately 2, 537 sq ft are fully rented and generate strong, reliable income. Tenants enjoy stylish interiors and upgraded finishes throughout, helping attract premium market rents and minimize vacancy risk. Extensive improvements have been completed throughout the building, including a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), new on-demand hot water system (2023), new automatic WiFi-enabled gated parking access (2023), and new roof (2015). The residential units have also undergone significant renovations, with full renovations completed between 2019 and 2022. Private gated parking, modernized curb appeal, updated mechanicals, and a strategic location within Owen Sound's growing downtown district make this a rare plug-and-play opportunity in one of Grey County's most strategic urban hubs. Whether you're expanding your portfolio or entering the investment market with an eye for quality cash flow and long-term upside, 314 8th Street East delivers immediate income from day one. Financials available to qualified buyers. Vendor Take Back (VTB) financing may be considered.
MLS® NumberX13165322
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageReserved/Assignd
Approx. Age
Basement
DrivewayGarage Type:Reserved/Assignd
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 23, 2026List Date
$949,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

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