45
$525,000 Sale
Listed 47 days ago
1088 8th Street E
· 6
· 2
· 0
· 700-1100
Listing History
Buy/Sell/Terminated/Expired listing history for 1088 8th Street E
Key Facts
Key facts for 1088 8th Street E
Property Type
House, Bungalow
Parking
None 0 garage, 3 parking
MLS #
X13713914
Size
700-1100 sqft
Basement
Separate Entrance,Finished
Listed on
2026-08-26
Lot size
61 x 76.96
Tax
$3,866 /yr
Days on Market
48
Approximate Age
-
Maintenance Fee
-
Description
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.
Room Types
Bathroom
4 Pc Bath, Tile Floor
Dimensions 11.58 x 4.92 feet
56.97 sqft
Bathroom
3 Pc Bath, Tile Floor, Separate Shower
Dimensions 8.5 x 4.59 feet
39.02 sqft
Bedroom
Vinyl Floor
Dimensions 11.09 x 10.66 feet
118.22 sqft
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Courtesy of: Keller Williams Experience Realty