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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
5 Bath Commercial Property in Owen Sound
About 314 8th Street East
**OVER 10% CAP RATE. Fully tenanted. $110,000+ IN Gross annual income.** At $899,000, the numbers speak for themselves. 314 8th Street East offers immediate cash flow from a substantially improved mixed-use asset in the heart of downtown Owen Sound. Five income streams under one roof. The 5,274 sq. ft. building combines 4 extensively renovated residential apartments with an established main-floor convenience store secured by a long-term commercial lease with contractual annual rent escalations providing diversified income with built-in growth. And here's what separates this one from the typical income property: the heavy lifting has already been done. Significant capital improvements include a full exterior facelift with new metal siding and stone façade (2024), basement waterproofing (2025), updated electrical (2021), insulated garage (2024), on-demand hot water (2023), automatic WiFi-enabled gated private parking (2023), roof (2015), and extensive renovations to all 4 residential apartments between 2019 and 2022. The approximately 2,537 sq. ft. residential component is 100% occupied, while the established commercial tenant anchors the main floor in a high-visibility downtown location. No lease-up period. No major renovation project. No waiting for future potential to make the numbers work. The income is already here. For investors looking for immediate cash flow, diversified income, significant capital improvements already completed and long-term upside, your money works harder in Owen Sound. Full rent roll, income and expense statement and supporting financials available to qualified buyers. **Vendor Take-Back (VTB) financing may be available.**
Owen Sound investment priced at $899,000 — book a tour to see if it fits your search.
Inside 314 8th St E
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.121
Listing & possession
Property class
Investment
314 8th St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13711250$899,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 314 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
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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.
Similar homes for sale nearby in Owen Sound
Other 5-bed homes for sale in Owen Sound around $899K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio95.5%On average, homes sold below asking.
Active listings184Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 108 sales from Jul 25 – Oct 23, 2026 (78 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 314 8th St E
How much is 314 8th St E listed for?
314 8th St E is listed at $899,000 (MLS® X13711250). Summitly updates the price as soon as the MLS® record changes.
Has the price of 314 8th St E changed?
No — 314 8th St E is still listed at its original asking price of $899,000.
How many bedrooms and bathrooms does 314 8th St E have?
314 8th St E has 5 bathrooms. It is a commercial property in Owen Sound.
How does 314 8th St E compare with other homes in Owen Sound?
Its asking price of $899,000 is about 100% above the median sold price in Owen Sound over the last 90 days, $448,750, across 108 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 314 8th St E been sold before?
Summitly has no earlier MLS® sale or lease of 314 8th St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 314 8th St E?
314 8th St E is in Owen Sound, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 314 8th St E been on the market?
59 days — 314 8th St E was listed on August 25, 2026.
What is the land transfer tax on 314 8th St E?
About $14,455 in Ontario land transfer tax at the asking price of $899,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 314 8th St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 314 8th St E?
The listing for 314 8th St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Owen Sound.
When was 314 8th St E built?
The listing for 314 8th St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.