$1,600,000
FOR SALE

Fourplex 2 1/2 Storey

Bedrooms: 10Bathrooms: 4Lot: 53 x 140 ft
2025 Taxes: $6,777

57 Elgin St
Collingwood, ON L9Y 3L6 | Simcoe

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
Extras
Other
Share
Listed By RE/MAX Four Seasons Doug Gillis & Associates Realty
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S13226720
Last Updated Jun 02, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 582880084
Legal Description LT 33 E/S ELGIN ST PL 55 AKA PL 282 COLLINGWOOD; PT LT 34 E/S ELGIN ST PL 55 AKA PL 282 COLLINGWOOD AS IN RO219343 (THIRDLY); COLLINGWOOD
Possession Date Flexible
Taxes (2025) $6,777
Directions/Cross Streets Ste Marie St or Ontario St to Elgin. Parking in back behind the building.
Neighbourhood Collingwood
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On East
Special Designations Heritage
Bedrooms 10
Bathrooms 4
Lot 53 x 140 ft
Exterior Brick
Air Conditioning Central Air
Basement Unfinished
Garage Type Attached
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer
Seller Property Info Statement Y

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)