rear view of house featuring a yard and a metal roof Features: lawn, fence More Photos

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    For Sale - 393 Second Street, Collingwood, Ontario

    Est payment $4,952/mo
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    Views   1
    Time on Jump  91 day

    AI Summary *

    • Well-maintained triplex with three self-contained units, each with 2 bedrooms.
    • Annual rental income of $61,800 with tenants covering all utilities.
    • Large lot of 97 x 133 ft offers endless development possibilities.
    • Upgrades include newer windows, metal roof, and upgraded electrical.
    • Located within walking distance to downtown, restaurants, and Georgian Bay.




    Triplex~ great opportunity for investors~ annual rental income~$61 800/ yr, $5150 per month and tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 x 133 ft. Endless possibilities with potential for development~ town of collingwood permitting fourth units providing parameters met~ potential to build garage/ coach house~ sever and build 2 homes on newly created lots, live in one unit and rent the other two, continue to use strictly as an investment property, convert to single family residence or a beautiful lot to build your dream home! This property has had many upgrades including~ metal roof, asphalt roof ( apartment 3), some newer windows, some newer vinyl siding replaced and windows capped, upgraded electrical~ breakers for 2 units, flooring, newer appliances/ 3 hot water heaters (includes all appliances and hot water heaters owned) and designer paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable collingwood. Look no further~ this is the one! Walking distance to historic downtown, restaurants, theatres, shopping, sparkling waters of georgian bay and all that collingwood has to offer. Short drive to blue mountain village, thornbury and the longest freshwater beach in the world!
    Listing IDS12392066
    Address393 Second Street
    CityCollingwood, Ontario
    Price$999,000
    Bed6
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public Transit, SkiingHeating / Cooling BaseboardSewer Sanitary

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    Listing Agency:  RE/MAX Four Seasons Realty Limited
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    393 Second Street
    Collingwood , Ontario
    6 $999,000
    Get more info