Call Me: 705.441.3687
TRIPLEX~ Great Opportunity for Investors~ Potential to add FOURTH UNIT (Ask about the Town of Collingwood Increase Density Opportunities)! ANNUAL RENTAL INCOME~$61 200/ $5,100 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 December 31st 2025, Apartment 3 Lease in Place until September 30, 2024 * Rents Per Unit~ Apartment #1650.00 plus utilities ~ Apartment #2, $1,650 plus utilities ~ Apartment #3, $1,800 plus utilities. (id:44887)
| MLS® Number | S10440311 |
| Property Type | Single Family |
| Community Name | Collingwood |
| EquipmentType | None |
| Features | Open Space, Flat Site, Dry, Level |
| ParkingSpaceTotal | 9 |
| RentalEquipmentType | None |
| BathroomTotal | 3 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Appliances | Water Heater |
| BasementDevelopment | Unfinished |
| BasementType | Crawl Space (unfinished) |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Smoke Detectors |
| FoundationType | Stone |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| Type | House |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 133 Ft ,4 In |
| SizeFrontage | 96 Ft ,11 In |
| SizeIrregular | 96.95 X 133.41 Ft |
| SizeTotalText | 96.95 X 133.41 Ft|under 1/2 Acre |
| ZoningDescription | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.73 m | 3.12 m | 3.73 m x 3.12 m |
| Second Level | Bedroom | 2.74 m | 2.49 m | 2.74 m x 2.49 m |
| Second Level | Other | 2.44 m | 2.31 m | 2.44 m x 2.31 m |
| Second Level | Primary Bedroom | 4.11 m | 4.01 m | 4.11 m x 4.01 m |
| Second Level | Bedroom | 4.04 m | 3 m | 4.04 m x 3 m |
| Second Level | Primary Bedroom | 4.09 m | 3.1 m | 4.09 m x 3.1 m |
| Second Level | Bedroom | 3.12 m | 2.49 m | 3.12 m x 2.49 m |
| Main Level | Other | 3.07 m | 3.99 m | 3.07 m x 3.99 m |
| Main Level | Kitchen | 3.51 m | 2.34 m | 3.51 m x 2.34 m |
| Main Level | Kitchen | 3.38 m | 2.36 m | 3.38 m x 2.36 m |
| Main Level | Living Room | 5.11 m | 4.04 m | 5.11 m x 4.04 m |
| Main Level | Living Room | 4.22 m | 3.35 m | 4.22 m x 3.35 m |
https://www.realtor.ca/real-estate/27481606/393-second-street-collingwood-collingwood
Contact us for more information
Loretta Mcinnis
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
My goal is to combine knowledge, passion and skills to exceed each client’s expectations, and most of all, to show I genuinely care. Real Estate can change your life, and because of that, I want to create an experience worth talking about.
Monthly Newsletters, Exclusive Market Tips, Featured Listings & A Slice of Georgian Bay Living
