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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  35 day

    AI Summary *

    • Solid brick four-unit residential income property in a prime location.
    • Recently updated roof and plumbing reduce near-term maintenance concerns.
    • Each unit is separately heated for efficient management.
    • Fully tenanted with strong rental demand providing stable income.
    • Walking distance to downtown amenities, shops, and public transit.




    Excellent investment opportunity in the heart of collingwood. This solid brick four-unit residential income property, located within a c1 commercial zone, offers strong rental appeal and long-term potential. The building is over 100 years old and situated within a designated heritage area, adding character and historical charm while benefiting from recent capital improvements. The property comprises four spacious units, including two 2-bedroom units and two 3-bedroom units. Each unit is separately heated with its own furnace, providing efficiency and ease of management. The roof was replaced in 2025, and the plumbing has been updated, reducing near-term capital concerns. All units are rented on a net, net basis, with tenants responsible for hydro, gas, water, and sewage, except for common area utilities. The building is fully tenanted, offering stable income with strong rental demand in a desirable central location. Located in a high-demand rental area, the property may be of interest to investors seeking an established rental building with longer-term potential, subject to market conditions and tenancy. Each tenant is entitled to one parking space included in the rent, with additional parking available at $100/month per space, offering supplemental income potential. Centrally located and within walking distance to downtown amenities, shops, restaurants, and transit. While zoned c1 commercial, the property is currently operated and tenanted as a residential rental building. Buyers are encouraged to review zoning provisions and heritage guidelines to confirm permitted future uses. A well-maintained, income-producing property in a prime collingwood location-ideal for investors seeking stability with upside. Buyer to satisfy themselves with respect to zoning, permitted uses, and compliance with municipal requirements
    Listing IDS13226720
    Address57 Elgin Street
    CityCollingwood, Ontario
    Price$1,499,000
    Bed / Bath10 / 4 Full
    Style2 1/2 Storey, Fourplex
    ConstructionBrick, Concrete
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features OtherAmenities Fenced Yard, Library, Marina, Public Transit, Hospital, SkiingOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation Concrete, BrickHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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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
    10 4 $1,499,000
    Get more info