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Royal LePage
Royal LePage
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$999,000

Collingwood ON, L9Y 1G9

MLS® # S12392066

Property Information:

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 fourth units providing parameters met~ 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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2252 sqft
  • Heating Type: Baseboard heaters
  • Cooling Type: None
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Amenities Nearby: Public Transit, Ski hill
  • Floor Space (approx): 2252 Square Feet
  • Irregular: Yes
  • Lot Depth: 133.3 Feet
  • Lot Frontage: 96.9 Feet
  • Lot Size: Bldg=96.95 x 133.41 FT
  • Zoning: R2
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX Four Seasons Realty Limited

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 393 SECOND STREET, Collingwood, Ontario, L9Y 1G9

Demographic Information of 393 SECOND STREET, Collingwood, Ontario, L9Y 1G9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,222.58

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.57 %

High school certificate or equivalent

35.04 %

Apprenticeship trade certificate/diploma

4.73 %

College/non-university certificate

20.45 %

University certificate (below bachelor)

2.32 %

University Degree

17.88 %

Commuter

Travel To Work

By Car

79.78 %

By Public Transit

2.41 %

By Walking

11.06 %

By Bicycle

2.38 %

By Other Methods

4.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.23 %

Houses

85.77 %

Own Vs. Rent

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