393 Second ST, Collingwood, ON L9Y 1G9
393 Second ST, Collingwood, ON L9Y 1G9
393 Second ST, Collingwood, ON L9Y 1G9
393 Second ST, Collingwood, ON L9Y 1G9
393 Second ST, Collingwood, ON L9Y 1G9
393 Second ST, Collingwood, ON L9Y 1G9
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 998,800
Est. payment | /mo

6 Beds

3 Baths

Save
$ 998,800
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Collingwood

MLS Listing ID S12918214

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,706

Tax Year 2025

Property Sub-Type Triplex

Property Description

EXCEPTIONAL TRIPLEX INVESTMENT Opportunity in Collingwood! Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month). Tenants pay all utilities and snow removal, maximizing your return. This property features three self-contained units, each offering 2 bedrooms and a 4-piece bathroom, all separately metered for convenience and efficiency. Situated on a generous 97 x 133 ft lot in a highly desirable location, this property offers incredible potential for future development. Under current Town of Collingwood guidelines there is potential for *Severance to create 2 lots *Development of up to four units on each lot *Construction of a garage or coach house. *Building two homes on newly created lots *Conversion to a single-family residence or custom dream home (Buyer to complete due diligence to confirm their intended use). The property has had numerous upgrades, including: *Durable metal roof and asphalt roof on porch 2025 (Apartment 3 ) *Updated electrical (breakers for two units) *Some newer windows and vinyl siding *Updated flooring *Newer appliances *Three owned hot water heaters *Stylish designer paint throughout. With A++ tenants already in place, this is a turnkey investment ideal for both seasoned investors and those entering the market. Located within walking distance to historic downtown Collingwood, you'll enjoy easy access to shops, restaurants, theatres, and the beautiful shores of Georgian Bay. Plus, you're just a short drive to Blue Mountain Village, Thornbury, and the world's longest freshwater beach. A rare opportunity in a thriving rental market-don't miss out!

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room Yes

Basement Unfinished, Crawl Space

Kitchen 3

Interior

Interior Features Water Heater

Cooling None

Inclusions Dryer /Washer Combo (2) Dryer (1), Electric Light Fixtures, Hot Water Heaters (3~owned), Refrigerators (3), Stove (3), Washer (1)

Exterior

Pool None

Roof Type Asphalt Shingle,Metal

Lot Frontage 96.96

Lot Depth 132.0

Total Parking Spaces 9

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX Four Seasons Realty Limited

Schools and Properties Nearby

Tony & Ledi Real Estate Team

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

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393 Second ST