393 Second Street , Collingwood, ON L9Y 1G9
Collingwood, ON L9Y 1G9
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 Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 10 |
| Listing Provided By | RE/MAX Four Seasons Realty Limited, Brokerage | Loretta Mcinnis |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,252 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R2 |
| Golf Course | Yes |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Simcoe County |
| City | Collingwood |
| Postal Code | L9Y 1G9 |
| Area | Collingwood |
| Subarea | CW01 Collingwood |
| Community Name | CW01 Collingwood |
| Listing VS Median (in CW01 Collingwood) | |
Price: $1,100,000 low | high Med: $564,450 SqFt: 2,252 low | high Med: 860 $ / SqFt: $488 low | high Med: $657 On Site: 10 low | high Med: 73.500000 | |