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$1,100,000
Available - For Sale
Listing ID: S10440311
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! REALTOR : LEGAL DESCRIPTION CONTINUED~ S/T RESERVATION OF MINES AND MINERALS IN RO193902; COLLINGWOOD. Rent of $62,400/year. Buyer to Complete Due Diligence regarding Potential Development Opportunities. Property is Zoned R2. Apartment 1 Lease in place until September 30, 2024, Apartment 2 Lease in Place until August 31, 2024, Apartment 3 Lease in Place until June 30, 2024 * Rents Per Unit~ Apartment #1, $1700 plus utilities ~ Apartment #2, $1,700 plus utilities ~ Apartment #3, $1,800 plus utilities. (Also listed as Multi-Res).
Price $1,100,000
Taxes: $3,533
Assessment: $298000
Assessment Year: 2024
Address: 393 SECOND St , Collingwood, L9Y 1G9, Ontario
Lot Size: 96.95 x 133.41 (Feet)
Acreage: < .50
Directions/Cross Streets: SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
Rooms: 15
Rooms +: 0
Bedrooms: 6
Bedrooms +: 0
Washrooms: 3
Kitchens: 3
Kitchens +: 0
Basement: Crawl Space
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Other 10.07 13.09
Room 2: Main Kitchen 11.51 7.68
Room 3: Main Kitchen 11.09 7.74
Room 4: Main Living 16.76 13.25
Room 5: Main Living 13.84 10.99
Room 6: 2nd Prim Bdrm 13.48 13.15
Room 7: 2nd Br 13.25 9.84
Room 8: 2nd Prim Bdrm 13.42 10.17
Room 9: 2nd Br 10.23 8.17
No. of Pieces Level
Washroom 1 4 Main
Property Type: Detached
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: Visitor
(Parking/)Drive: Other
Drive Parking Spaces: 9
Pool: None
Laundry Access: Ensuite
Property Features: Golf
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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RE/MAX Four Seasons Realty Limited, Brokerage

393 SECOND St , Collingwood, L9Y 1G9, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-981-7184

 
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At a Glance:
Type: Freehold - Detached
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style: 2-Storey
Lot Size: 96.95 x 133.41(Feet)
Approximate Age:
Tax: $3,533
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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