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393 Second Street
Collingwood
Collingwood
L9Y 1G9
$999,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- S12642822
- Bus Major:
- Apts - 2 To 5 Units
- Photos (38)
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TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ yr, $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 up to four units providing parameters met (sever lot and create 4 units per lot)~ 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 Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 2252 sq. ft. Square Feet
- Total Area:
- 2,252 sq. ft.209 m2
- Lot Depth:
- 133'5"40.7 m
- Lot Frontage:
- 96'11"29.6 m
- Lot Details:
- 133.41 x 96.95
- Bedrooms:
- 6
- Water supply:
- Municipal
- Kitchens:
- 0
- Zoning:
- R2
- Heating type:
- Baseboard
- Cooling:
- No
- New Construction:
- No
- Garage:
- None
- Parking Spaces:
- 6
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $3,705.65 / 2025
- Assessment:
- $- / -
- Simcoe
- Collingwood
- Collingwood
- Public Transit, Skiing
- Dryer /Washer Combo (2) Dryer (1), Electric Light Fixtures, Hot Water Heaters (3~owned), Refrigerators (3), Stove (3), Washer (1)
- Tenant Personal Belongings
- Utilities:
- Yes
- Sewers:
- Sanitary
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Gross income:
- $61,800
- Expenses Actual/Estimated:
- Estimated
- Insurance Expenses:
- $2,164.78
- Tax Expenses:
- $3,705.65
- Year Expenses:
- 9500
- Major Business Type:
- Apts - 2 To 5 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- Yes
- Outside Storage:
- Yes
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Listed by RE/MAX Four Seasons Realty Limited
Data was last updated December 31, 2025 at 06:15 PM (UTC)
- GIOVANNI BONI
- BOSLEY REAL ESTATE LTD
- 1 (647) 9885834
- Contact by Email
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