$1,100,000
FOR SALE

Triplex

Bedrooms: 6Bathrooms: 3Lot: 97 x 133 ft

393 Second Street
Collingwood, ON L9Y 1G9

TRIPLEX~ Great Opportunity for Investors~ Potential to add FOURTH UNIT (Ask about the Town of Collingwood Increase Density Opportunities)! ANNUAL RENTAL INCOME~$61 800/ $5,150 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~ 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! (id:47421)
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Listed By RE/MAX Four Seasons Realty Limited, Brokerage
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40655039
Last Updated Oct 03, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision CW01-Collingwood
Price History

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Detailed Information
Bedrooms 6
Bathrooms 3
Lot 97 x 133 ft
Amenities Nearby Golf Nearby, Marina, Public Transit
Features Southern exposure, Paved driveway
Listing Contract Date 2024-09-30
Location Description SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
Ownership Type Freehold
# of Parking Spaces 9
Property Type Multi-family
Structures Shed
Transaction Type For sale
Zoning Description R2
Building
Basement Development Unfinished
Basement Type Crawl space (Unfinished)
Cooling Type None
Exterior Finish Vinyl siding
Foundation Type Stone
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Type Triplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Visitor Parking
Land
Total Size under 1/2 acre
Amenities Golf Nearby, Marina, Public Transit
Sewer Municipal sewage system

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