DetachedOn market 47 days

1088 8th St E, Owen Sound

Name: 1088 8th Street E
SKU: X13713914
Price: 525000 CAD
Availability: InStock

Owen Sound, ON · · MLS® X13713914Updated August 26, 2026

$525,000Est. $2,579/mo mortgage

Bedrooms: 6
Bathrooms: 2
Living space: 700–1100sq ft
Parking spaces: 3

Type Detached
Basement Separate Entrance, Finished

What you should know

1088 8th St E is a 6-bedroom, 2-bathroom detached home in Owen Sound, listed for $525,000. It has 700-1100 sq ft of living space.

6 BEDROOMS. $800/ROOM.
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).

Ask Zara:Is there an offer date?What would the monthly costs be?What's nearby?

6 Bed, 2 Bath Detached Home in Owen Sound

About 1088 8th Street East

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, 2 bathrooms, about 700 sq ft, works out to roughly $750 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up

Inside 1088 8th St E

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Parking: 3 spaces
Basement: Separate Entrance, Finished

Features & systems

Parking & garage

Parking spaces: 3

Interior

Basement: Separate Entrance · Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

1088 8th St E Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 26, 2026For saleListedThis listingMLS® X13713914$525,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1088 8th St E Compares to the Owen Sound Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 190 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Owen Sound market, last 90 days

Median sold price: $448,750
Average sold price: $475,753
Average days on market: 40
Homes sold: 112

Closed sales on the TRREB MLS®.

Full Owen Sound market report

Recently sold nearby in Owen Sound

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This home1088 8th Street E 6 bd · 2 ba · 700 sqft	$525,000asking	$750	—	—
2634 9th Avenue 5 bd · 2 ba · 1,100 sqft
1358 4th Avenue 5 bd · 1 ba · 2,500 sqft
525 9th Street 5 bd · 3 ba · 2,500 sqft
1080 4th 'A' Avenue 5 bd · 2 ba · 2,000 sqft
714 4th Avenue 5 bd · 2 ba · 2,000 sqft
1069 4th Avenue 5 bd · 3 ba · 2,500 sqft

2634 9th Avenue
5 bd · 2 ba · 1,100 sqft
1358 4th Avenue
5 bd · 1 ba · 2,500 sqft
525 9th Street
5 bd · 3 ba · 2,500 sqft
1080 4th 'A' Avenue
5 bd · 2 ba · 2,000 sqft
714 4th Avenue
5 bd · 2 ba · 2,000 sqft
1069 4th Avenue
5 bd · 3 ba · 2,500 sqft

Living in Owen Sound: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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Costs, Mortgage & Rental Return for 1088 8th St E

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,579; 20% down · 25 years · 5.5% assumed
Property tax: $289; 0.66% mill rate · ON
Total per month: $2,868; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,579

/mo

based on the purchase price of $525,000

Down payment20%

$105,000 cash

Amortization25 yr

$420,000 financed

Rate5.50%

$353,750 total interest

Principal54%$420,000

Interest46%$353,750

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: Keller Williams Experience Realty, BrokerageMLS® X13713914 · Listing data last updated August 26, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Aug 25· $750/sq ft

Estimated monthly mortgage$2,579/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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