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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$978,800
Available - For Sale
Listing ID: S13493254
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!
Price $978,800
Taxes: $3,706.65
Tax Type: Annual
Occupancy by: Tenant
Address: 393 Second Street , Collingwood, L9Y 1G9, Simcoe
Postal Code: L9Y 1G9
Province/State: Simcoe
Directions/Cross Streets: SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,174
Total Area Code:  Square Feet
Area Influences: Public Transit   Skiing
Business/Building Name: N/A
Financial Statement: T
Chattels: T
Franchise: F
Employees #: 0
Maintenance: 0
Water Expense: $0
Vacancy Allowance: 0
Net Income Before Debt: $50930
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: No
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Four Seasons Realty Limited

393 Second Street , Collingwood, L9Y 1G9, Simcoe

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Stan Khurana
Sales Representative
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6473836000
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Type: Com - Investment
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
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Lot Size: x 132.00(Feet)
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Tax: $3,706.65
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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