$899,000
404 9TH STREET E
Beds
4
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Owen Sound. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Rich in history and thoughtfully restored, this exceptional Victorian/Edwardian residence offers a rare opportunity in a prime downtown location. Once home and office to Dr. Hershey, and the site where Dr. Norman Bethune completed his residency, the property blends timeless character with extensive modern upgrades.Currently configured as a legal triplex under C1-4 zoning, with office space on the main floor and two apartment's on the upper level; a one bedroom unit and two bedroom unit. The property presents incredible flexibility for investors, multi-generational living, or those seeking a live/work opportunity. The upper level's two self-contained apartments feature a private side entrance. Alternatively, the current layout allows for a seamless conversion back to a spacious single-family home. Spanning over 3,000 square feet, the home showcases beautifully preserved architectural details alongside significant improvements, including updated wiring with three separate meters, a premium high-efficiency boiler system, upgraded insulation through green energy initiatives, and new windows on the second floor. Additional updates include renovated kitchens and bathrooms, new flooring, new laundry installations, and a premium stained glass side entry door that enhances the home's historic charm.The exterior is equally inviting, featuring a fully fenced backyard with a tiered deck, perennial gardens, and a renovated balcony with new railings, decking, and access door. A partially finished basement offers additional space with excellent potential for a variety of uses.With fire department approvals and interconnected alarm systems updated during the triplex conversion, this is a well-maintained and versatile property in one of the area's most desirable neighbourhoods, just steps to shops, dining, and everyday amenities. (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- Owen Sound
- Lot dimensions
- 56.8 x 104.2 FT
- Bedrooms
- 4 above grade
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 8, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $9,675
- Zoning
- C1-4
- Photos
- 30
- MLS#
- X12968194
- Area
- OWEN_SOUND
Features and systems
Parking
Basement
Appliances
Heating
Exterior
Foundation
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,537
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.