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393 Second Street Collingwood, Ontario L9Y 1G9

6 Bedroom 3 Bathroom 2252 sqft
None Baseboard Heaters

$1,100,000

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! (id:58073)

Property Details

MLS® Number 40655039
Property Type Multi-family
AmenitiesNearBy Golf Nearby, Marina, Public Transit
Features Southern Exposure, Paved Driveway
ParkingSpaceTotal 9
Structure Shed

Building

BathroomTotal 3
BedroomsTotal 6
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
CoolingType None
ExteriorFinish Vinyl Siding
FoundationType Stone
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 2252 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

Visitor Parking

Land

Acreage No
LandAmenities Golf Nearby, Marina, Public Transit
Sewer Municipal Sewage System
SizeDepth 133 Ft
SizeFrontage 97 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2

https://www.realtor.ca/real-estate/27481605/393-second-street-collingwood