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393 SECOND Street Collingwood

393 SECOND Street, Collingwood

$1,100,000

  • 6
  • 3
2,252 Square Feet
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). (id:45839)
  • Listing ID: 40655022
  • Property Type: Single Family
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Rooms

LevelTypeDimensions
Second LevelOther8'0'' x 7'7''
Second LevelBedroom9'0'' x 8'2''
Second LevelPrimary Bedroom12'3'' x 10'3''
Second LevelBedroom10'3'' x 8'2''
Second LevelPrimary Bedroom13'5'' x 10'2''
Second LevelBedroom13'3'' x 9'10''
Second LevelPrimary Bedroom13'6'' x 13'2''
Main Level4pc BathroomMeasurements not available
Main Level4pc BathroomMeasurements not available
Main Level4pc BathroomMeasurements not available
Main LevelLiving Room13'10'' x 11'0''
Main LevelLiving Room16'9'' x 13'3''
Main LevelKitchen11'1'' x 7'9''
Main LevelKitchen11'6'' x 7'8''
Main LevelEat In Kitchen10'1'' x 13'1''

Details

  • Architectural Style: 2 Level
  • Amenities Nearby: Golf Nearby, Marina, Public Transit, Ski area
  • Equipment: None
  • Features: Southern exposure, Paved driveway
  • Ownership: Freehold
  • Parking Spaces: 9
  • Rental Equipment: None
  • Structure: Shed
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Architectural Style: 2 Level
  • BasementType: Crawl space (Unfinished)
  • Basement Development: Unfinished
  • Bedrooms Main Level: 6
  • Construction Style Attachment: Detached
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Stone
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 2252 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Golf Nearby, Marina, Public Transit, Ski area
  • Landscape Features: Landscaped
  • Sewer: Municipal sewage system
  • Size Depth: 133 ft
  • Size Frontage: 97 ft

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    This property for sale is located at 393 SECOND Street in Collingwood. It was last modified on October 3rd, 2024. Contact Christine Smith to schedule a viewing or to discover other Collingwood homes for sale.

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