Personal Pic

Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$3,000,000
Available - For Sale
Listing ID: X11904164
1005 2nd Aven East , Owen Sound, N4K 2H8, Grey County


**Own a Piece of Owen Sounds History!** Welcome to **The Coach**, a **historic landmark** in the heart of Owen Sound! This **iconic property** boasts its **original façade and grand staircase**, offering a unique blend of **character, charm, and investment potential.** With **approximately 50 rooms** across **three floors**, this property accommodates both **short- and long-term tenants** and features an **established restaurant**a rare opportunity for a **turnkey investment.** Dating back to the **1800s**, The Coach is more than just a building; it's **a living piece of history.** With **some units offering private baths and others shared accommodations,** this versatile property caters to a range of rental needs. Adding to the appeal, the **government is investing $13 billion** into the region, fueling **job growth and an increasing demand for housing and rentals.** Don't miss this **prime opportunity** to own a **one-of-a-kind historic property** with **huge income potential!**
Price $3,000,000
Taxes: $20396.74
Tax Type: Annual
Occupancy: Tenant
Address: 1005 2nd Aven East , Owen Sound, N4K 2H8, Grey County
Postal Code: N4K 2H8
Province/State: Grey County
Legal Description: PT LT A E/S WATER ST, B E/S WATER ST PL
Lot Size: 182.21 x 176.88 (Feet)
Directions/Cross Streets: 2nd Ave E and Hwy 6
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Use
Building Percentage: T
Total Area: 15500.00
Total Area Code:  Square Feet
Retail Area: 3736
Retail Area Code: Sq Ft
Approximatly Age: 100+
Sprinklers: Yes
Washrooms: 0
Outside Storage: F
Soil Test: No
Heat Type: Radiant
Central Air Conditioning: Partial
Sewers: Sanitary
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $150,000 $300,000 $450,000 $600,000
First Mortgage $2,850,000 $2,700,000 $2,550,000 $2,400,000
CMHC/GE $114,000 $83,700 $71,400 $0
Total Financing $2,964,000 $2,783,700 $2,621,400 $2,400,000
Monthly P&I $14,626.8 $13,737.06 $12,936.13 $11,843.57
Expenses $0 $0 $0 $0
Total Payment $14,626.8 $13,737.06 $12,936.13 $11,843.57
Income Required $548,505.15 $515,139.61 $485,105.06 $444,133.73

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$7,402.23
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
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At a Glance:
Type: Com - Commercial Retail
Area: Grey County
Municipality: Owen Sound
Neighbourhood: Owen Sound
Style:
Lot Size: 182.21 x 176.88(Feet)
Approximate Age: 100+
Tax: $20,396.74
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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Years