80 9th Street E 203, Owen Sound

$585,000
80 9th Street E 203

$585,000

New
16d
Condo ApartmentApartment

80 9th Street E 203, Owen Sound

Total Monthly Obligation $4,147

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
16d
Score
15
Yield
6.0%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-X13872328
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$7,317.4 (2025)
Maintenance-$977.6/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-eXp Realty
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Owen Sound
Title-Residential Condo & Other

No agent assigned

Perched on the second floor in the heart of Owen Sound, this striking condominium pairs refined design with effortless livability. A private elevator opens directly into the residence, lending an immediate sense of exclusivity and arrival.The open-concept living, dining, and kitchen area is finished with hardwood flooring, crown moulding, crisp white trim, and a soothing, modern palette. The kitchen is well-appointed with built-in appliances and granite countertops, while the living area centres around a gas fireplace flanked by floor-to-ceiling built-ins, opening onto a generous balcony with sweeping views of the Sydenham River.The primary suite offers its own balcony access, a walk-in closet with a custom organizer, and a private four-piece ensuite. At the opposite end of the home, the second bedroom enjoys a walk-in closet and easy access to a full bath - a thoughtful layout for guests or family. Spanning the full width of the home, the main balcony offers generous space for dining and unwinding against an unobstructed river backdrop, while a second, more intimate balcony off the dining area provides a quieter outdoor retreat. Building amenities include a kayak dock and storage, secure entry, and underground parking with an EV-ready dedicated space, plus a spacious storage locker. Situated within a sought-after building, the location offers a walkable lifestyle just steps from the theatre, library, and downtown's shops and restaurants. A polished riverfront residence with the energy of urban living.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$4,147/mo
Mortgage $2,360
Monthly Loss $3,526
Principal$621
Interest$1,739
Property Tax$610
Condo Fees$978
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.7%10
10-Year IRR
6.9%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,112/yr
NOI
$10,152/yr
Net Cash Flow
-$1,514/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 80 9th Street E 203

Time

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Data last updated within the past 24 hours.