$1,100,000
 $5,905 est/mo Sourced by Back At You

393 Second Street , Collingwood, ON L9Y 1G9

Collingwood, ON L9Y 1G9

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Description

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!

Details

MLS#40655039
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site42
Listing Provided ByRE/MAX Four Seasons Realty Limited, Brokerage | Loretta Mcinnis

Features

Bed(s)6
Bath(s)3
SQ Feet2,252
BasementY
Story(s)2
Units3
ZoningR2
Golf CourseYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 5 minutes ago
ProvinceON
CountySimcoe County
CityCollingwood
Postal CodeL9Y 1G9
AreaCollingwood
SubareaCW01 Collingwood
Community NameCW01 Collingwood
Listing VS Median (in CW01 Collingwood)
Price:
$1,100,000
low | high
Med:
$539,000
100% of Average
SqFt:
2,252
low | high
Med:
865
100% of Average
$ / SqFt:
$488
low | high
Med:
$623
22.361822618928% of Average
On Site:
42
low | high
Med:
239.000000
17.573221757322% of Average
Sourced by Back At You
Listing Updated: October 22, 2024 at 9:13:39 AM PDT