393 Second Street, Collingwood | Image 1

393 Second Street

Collingwood, Collingwood

  • Commercial

$1,070,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: R2

  • Age: No Data

  • Taxes: 3601.53

  • MLS®#: S11907983

  • Added: Jan 06, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX Four Seasons Realty Limited

TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ $5150 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~ Town of Collingwood permitting fourth units providing parameters met~ Potential to Build Garage/ Coach House~ 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

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Collingwood

  • Community: Collingwood

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Baseboard

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 19 E/S HICKORY ST PL 38 AKA PL 73 COLLINGWOOD. PT LT 20 E/

  • Taxes: $3,602

  • Expenses: Est

  • Insurance Fee: 2430

  • Taxes Type: Annual

  • Tax Year: 6032

Land

  • Cross Street: SECOND STREET~ BETWE

  • Municipality District: Collingwood

  • Sewer: Sanitary

  • Lot Depth: 133.41 Feet

  • Lot Frontage: 96.95 Feet

  • Zoning: R2

Commercial Specific

  • Total Area: 2252

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Skiing

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: Y

  • Gross Income/Sales: 61800

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Very Walkable

  • Most errands can be accomplished on foot.
81 /100

Very Bikeable

  • Most errands can be accomplished on bike.
82 /100
Map of 393 Second Street, Collingwood
JK-6

ÉÉC Notre-Dame-de-la-Huronie

Elementary: Catholic
2.24 km
JK-8

Connaught Public School

Elementary: Public
1.78 km
JK-8

Mountain View Public School

Elementary: Public
0.39 km
JK-8

St Marys Separate School

Elementary: Catholic
2.13 km
JK-8

Cameron Street Public School

Elementary: Public
1.50 km
JK-8

Admiral Collingwood Elementary School

Elementary: Public
2.48 km
9-12

Collingwood Campus

Secondary: Public
1.36 km
9-12

Stayner Collegiate Institute

Secondary: Public
13.22 km
9-12

Georgian Bay Community School Secondary School

Secondary: Public
30.38 km
9-12

Elmvale District High School

Secondary: Public
30.16 km
9-12

Jean Vanier Catholic High School

Secondary: Catholic
2.02 km
9-12

Collingwood Collegiate Institute

Secondary: Public
1.76 km

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