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    For Sale - 57 Elgin Street, Collingwood, Ontario

    Est payment $7,198/mo
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    Views   2
    Time on Jump  77 day

    AI Summary *

    • Turnkey century-old solid brick fourplex in a prime location.
    • Diverse unit mix with two 3-bed and two 2-bed units.
    • Fully tenanted with low landlord overhead and true net/net leases.
    • Major improvements like a brand-new roof and updated plumbing.
    • Great cash flow potential with parking revenue and strong rental demand.




    Prime investment opportunity in collingwood's desirable heritage zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out!
    Listing IDS13226690
    Address57 Elgin Street
    CityCollingwood, Ontario
    Price$1,499,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Closed

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    Listing Agency:  RE/MAX Four Seasons Doug Gillis & Associates Realty

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    57 Elgin Street
    Collingwood , Ontario
    $1,499,000
    Get more info