393 Second Street
Collingwood, ON
MLS® 40655039
For sale $1,100,000
Bedrooms
6Bathrooms
3Interior Size
2252 ft2 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!
Property Details
Listing Contract Date
2024-09-30
2024-09-30
Parking Total
9
9
Property Type
Residential
Residential
Other Structures
Shed(s)
Shed(s)
Community Features
Rectangular
City Lot
Near Golf Course
Marina
Public Parking
Public Transit
Building
Appliances
Hot Water Tank Owned
Dryer
Refrigerator
Stove
Washer
Hot Water Tank Owned
Dryer
Refrigerator
Stove
Washer
Basement Type
Crawl Space
Unfinished
Crawl Space
Unfinished
Bathrooms
3
3
Bedrooms
6
6
Building Type
Multi-3 Unit
Multi-3 Unit
Construction Materials
Vinyl Siding
Vinyl Siding
Security Features
Carbon Monoxide Detector(s)
Carbon Monoxide Detector(s)
Heating
Baseboard
Electric
Baseboard
Electric
Roof
Asphalt Shing
Metal
Asphalt Shing
Metal
Sewer
Sewer (Municipal)
Sewer (Municipal)
Interior Size
2252 Square Feet
2252 Square Feet
Stories
2
2
Water Source
Municipal
Municipal
Building Amenities
Separate Heating Controls
Separate Hydro Meters
Land
Lot Depth
133.41 ft
133.41 ft
Lot Front
96.95 ft
96.95 ft
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
R2
R2
HoodQ
Loretta Mcinnis
Salesperson
RE/MAX Four Seasons Realty Limited, Brokerage
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Last Updated: 2024-10-03 17:37:28