Added 2 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: R2
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Age: No Data
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Taxes: 3533
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MLS®#: S10440378
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Days on Site: 81 Days
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Added: Sep 30, 2024 (2 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX Four Seasons Realty Limited, Brokerage
TRIPLEX~ Great Opportunity for Investors~ Potential to add FOURTH UNIT (Ask about the Town of Collingwood Increase Density Opportunities)! ANNUAL RENTAL INCOME~ Annual Rental $61 200.00 per year / $5 100 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
Status: Sale
Property Type: Investment
Area: Collingwood
Community: Collingwood
Availability Date: Flexible
Assessment Amount: $298,000
Assessment Year: 2024
Inside
Air Conditioning: N
Building
Basement: Y
Heat Type: Baseboard
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Visitor
Covered Parking Spaces: 9
Fees
Tax Year: 2023
Tax Legal Description: PT LT 19 E/S HICKORY ST PL 38 AKA PL 73 COLLINGWOOD. PT LT 20 E/
Taxes: $3,533
Expenses: Act
Insurance Fee: 2430
Land
Cross Street: SECOND STREET~ BETWE
Municipality District: Collingwood
Parcel Number: 582840056
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
ÉÉC Notre-Dame-de-la-Huronie
Elementary: CatholicConnaught Public School
Elementary: PublicMountain View Public School
Elementary: PublicSt Marys Separate School
Elementary: CatholicCameron Street Public School
Elementary: PublicAdmiral Collingwood Elementary School
Elementary: PublicCollingwood Campus
Secondary: PublicStayner Collegiate Institute
Secondary: PublicGeorgian Bay Community School Secondary School
Secondary: PublicElmvale District High School
Secondary: PublicJean Vanier Catholic High School
Secondary: CatholicCollingwood Collegiate Institute
Secondary: Public
