850 11th Street W, Owen Sound, ON N4K 3T3
- Property tax
- $3,936 / year
Investors and smart buyers will immediately see the immense value offered in this versatile Owen Sound property. Situated on a generous corner lot on 11th Street West, this two-unit bungalow is a fully occupied, cashflow positive asset boasting an excellent cap rate with reliable long term leases already in place for both units. The layout features two separate living spaces, offering a total of four bedrooms, two full kitchens, two four piece bathrooms, and new luxury vinyl flooring throughout. The main level provides over1,000 square feet of finished space, including a bright living room, dedicated dining area, two comfortable bedrooms, and a bonus den. Downstairs, the fully finished basement operates as a complete, self contained accessory apartment with two additional bedrooms, a separate living and dining area, its own kitchen, and a shared laundry room. Both units enjoy their own heat controls, separate shed storage spaces, and included appliances. Outside, the spacious lot features a deck, a partially fenced yard, and an impressive nine total parking spaces, including a two car carport, making tenant parking completely hassle free. Located directly on public transit routes and close to local schools and grocery stores, this low maintenance bungalow presents an exceptional, turnkey addition to any real estate portfolio. Financial details are available upon request.
- MLS number
- X13658490
- Type
- Duplex
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Postal code
- N4K 3T3
- Photos
- 49
- Laundry
- Not in the unit
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Rooms
11 rooms as the listing brokerage filed them, with measurements.
Main
| Room | Size | Features |
|---|---|---|
| Living Room | 5.07 × 3.69 m | — |
| Kitchen | 4.11 × 2.97 m | — |
| Dining Room | 2.33 × 1.88 m | — |
| Primary Bedroom | 4.18 × 2.98 m | — |
| Bedroom 2 | 3.01 × 2.94 m | — |
| Den | 3.01 × 2.73 m | — |
Lower
| Room | Size | Features |
|---|---|---|
| Living Room | 7.08 × 3.19 m | Combined w/Dining |
| Kitchen | 3.44 × 2.78 m | — |
| Primary Bedroom | 3.53 × 2.70 m | — |
| Bedroom 2 | 3.22 × 3.06 m | — |
| Laundry | 1.78 × 1.17 m | — |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Duplex
- Style
- Bungalow
- Class
- Residential Freehold
- Fronting on
- North
- Community
- Owen Sound
- Municipality
- Owen Sound
- Cross street
- Alpha St. & 11th St. W.
- Zoning
- R1
Inside
- Bedrooms
- 4
- Bedrooms above grade
- 2
- Bathrooms
- 2
- Washrooms
- 1 on the main floor · 1 on the lower floor
- Kitchens
- 2
- Rooms above grade
- 6
- Fireplace
- Yes
- Fireplaces
- 1
- Basement
- Finished
- Size
- 700-1100
Building
- Construction
- Brick, Stone
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Other structures
- Shed, Fence - Partial
Parking
- Garage
- Carport
- Covered spaces
- 2
- Driveway spaces
- 8
- Total parking
- 10
- Features
- Private
Land
- Lot
- 125 × 105 feet
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- None, Window Unit(s)
- Water
- Municipal
- Sewer
- Sewer
Features
- Property
- School, Public Transit
- Interior
- Accessory Apartment, Water Heater Owned
- Exterior
- Deck
Listing
- MLS number
- X13658490
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-06
- Expires
- 2027-01-28
- Taxes
- $3,936 (2026)
- Board
- One Point Association of REALTORS
Listing history
This address has been listed 2 times.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Owen Sound District Secondary School Secondary School Bluewater DSB | Secondary | 317 m | / 10 65% met the standard · 2 of 6 measures |
| St Basil's Separate School Bruce-Grey CDSB | Elementary | 475 m | Not reported |
| Hillcrest Elementary School Bluewater DSB | Elementary | 891 m | / 10 52% met the standard |
| Riverforest Montessori School | Elementary | 1.2 km | Not reported |
| Timothy Christian School | Elementary | 1.3 km | Not reported |
| Keppel-Sarawak Elementary School Bluewater DSB | Elementary | 2.4 km | / 10 79% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 791 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35420327 — the few blocks around this address, home to 791 people. It describes the area, not this property.
Percentages are of the 395 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.