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593 Hurontario Street Collingwood, Ontario L9Y 2N4

12 Bedroom 5268 sqft
Baseboard Heaters

$1,470,000

Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood situated on an expansive lot to acommodate expansion. This recently renovated 7-unit multi-family apartment building offers both immediate rental income and significant future growth potential. The property is zoned for development, allowing for the addition of up to 10 total units, making it a prime candidate for expansion. There is a spacious lot to accommodate an expansion.Each of the seven existing units has been tastefully updated with modern amenities, attracting high-quality tenants and ensuring steady income from day one. Beyond its current performance, the seller is offering a unique incentive to ease the transition for a new owner: property management services for up to one year. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property is ideally located for tenant convenience. Set in one of Collingwood's most sought-after neighbourhoods, it benefits from a vibrant community, excellent accessibility, and strong rental demand.Whether you're an experienced investor looking to expand your portfolio or seeking to capitalize on Collingwood's growing market, 593 Hurontario Street delivers a compelling mix of current income, development potential, and long-term value. Don't miss this exceptional opportunity! (id:44887)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number S11945730
Property Type Multi-family
Community Name Collingwood
AmenitiesNearBy Public Transit, Recreation
ParkingSpaceTotal 8

Building

BedroomsTotal 12
Appliances Refrigerator, Stove
HeatingType Baseboard Heaters
SizeExterior 5268 Sqft
SizeInterior 5268 Sqft
Type Multi-family
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit, Recreation
SizeDepth 26 Ft ,7 In
SizeFrontage 83 Ft ,9 In
SizeIrregular Bldg=83.78 X 26.6 Ft
SizeTotalText Bldg=83.78 X 26.6 Ft
ZoningDescription (h14) R3-20

https://www.realtor.ca/real-estate/27854486/593-hurontario-street-collingwood-collingwood

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Kelly Caldwell
Salesperson


Royal LePage Locations North
112 Hurontario St
Collingwood, Ontario L9Y 2L8

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