1088 8th Street E, Owen Sound, ON N4K 1M6
Owen Sound · Near Just 150 metres from Georgian College - close enough to walk to class in under two minutes. · View map
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- Separate Entrance, Finished
- Lot size
- 60.7 x 77 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Driveway spaces
- 3
- Total parking
- 3
- Parking features
- Private
Taxes & other
- Property taxes
- $3,866/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
- Neighbourhood
- Owen Sound
More
- Price per sq ft
- ~$583 (at 900 sq ft)
- Listed
- Aug 26, 2026 · 47 days ago
- MLS® number
- X13713914
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The home and its surroundings
- Accessory Apartment
- Carpet Free
- Primary Bedroom - Main Floor
- Storage
- Water Meter
- School
- Fenced Yard
- Hospital
- Public Transit
- Rec./Commun.Centre
- 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.
1088 8th Street, Owen Sound, ON N4K 1M6
Owen Sound · Near Just 150 metres from Georgian College - close enough to walk to class in under two minutes.
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Listing history for 1088 8th 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 1088 8th Street E
Answers come straight from this home’s MLS® listing.
How much is 1088 8th Street E listed for, and what would it cost each month?
1088 8th Street E is listed for $525,000. With 20% down ($105,000), the mortgage payment would be roughly $2,118 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,440 a month, all in. That figure is an illustration, not a quote.
Is 1088 8th Street E freehold or a condo, and is there a monthly fee?
1088 8th Street E is a bungalow 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 1088 8th Street E have?
1088 8th Street E has 6 bedrooms and 2 bathrooms.
Does 1088 8th Street E have a garage and parking?
The listing does not show a garage. The driveway adds 3 spaces. In total the listing counts 3 parking spaces.
Does 1088 8th Street E have a finished basement?
The listing describes the basement as separate entrance, finished. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1088 8th Street E?
1088 8th Street E is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 1088 8th Street E, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 60.7 x 77 ft.
How is 1088 8th Street E heated and cooled?
Heating is baseboard (gas). The listing does not show air conditioning.
What are the property taxes for 1088 8th Street E?
Property taxes are $3,866 a year (2025), or about $322 a month.
Where is 1088 8th Street E?
1088 8th Street E is in Owen Sound. The nearest main intersection is Just 150 metres from Georgian College - close enough to walk to class in under two minutes.. The postal code is N4K 1M6.
How long has 1088 8th Street E been on the market?
1088 8th Street E was listed on August 26, 2026. It has been on the market for 47 days. It is an active listing (MLS® X13713914). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 1088 8th Street E asking?
Similar bungalow-style homes for sale nearby right now include 1082 8th Street E at $549,000 (5 bed), 1945 7th Avenue E at $525,000 (3 bed) and 1195 4th Avenue W at $499,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1088 8th 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 1088 8th 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 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near Owen Sound, picked by style, size and price.
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Bungalow$499,9001195 4th Avenue W, Owen Sound3 bed · 2 bath · Owen SoundCourtesy of: RE/MAX Grey Bruce Realty Inc.View home →Courtesy of: Keller Williams Experience Realty
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.