Scout N Secure

$525,000

Map

1088 8th Street East

Owen Sound, Ontario N4K1M6

For sale· Added

6 bed2 bath700–1,100 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13713914
Added
Aug 26, 2026 ()
Updated
Aug 26, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Style
Bungalow
Storeys
1
Ownership
Freehold

Inside

Bedrooms
6
Bathrooms
2
Heating
Baseboard heaters, Natural gas
Cooling
None
Fireplace
No
Flooring
Tile, Vinyl
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater
Features
Carpet Free

Building

Basement
Finished, Separate entrance
Exterior
Brick, Aluminum siding
Foundation
Concrete
Parking
No Garage · 3 spaces

Land

Lot size
60.7 x 77 ft
Fencing
Fenced yard, Fully Fenced
Zoning
R1

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Directions
Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
Nearby
Community Centre

Running costs

Annual property tax
$3,866

Rooms

FoyerMain level1.78 x 2.03 m
BedroomLower level3.38 x 3.25 m
Living roomMain level4.12 x 3.33 m
BathroomLower level2.59 x 1.4 m
Recreational, Games roomLower level3.94 x 3.48 m
Laundry roomLower level3.4 x 2.54 m
Dining roomMain level3.73 x 3.63 m
KitchenMain level2.95 x 2.39 m
BedroomMain level3.73 x 3.53 m
Bedroom 2Main level3.25 x 3.05 m
Bedroom 3Main level3.25 x 2.59 m
BathroomMain level3.53 x 1.5 m
Bedroom 4Lower level3.76 x 4.04 m
Bedroom 5Lower level3.76 x 2.95 m

Ask about this home

$525,000
1088 8th Street East
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