Homes for sale - 393 Second Street, Collingwood, ON L9Y 1G9

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Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Loretta Mcinnis • RE/MAX Four Seasons Realty Limited, Brokerage

$ 1,100,000

Est. payment -/mo

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Active

393 Second Street Collingwood, ON L9Y 1G9

6 Beds

3 Baths

2,252 SqFt

UPDATED:

11/20/2024 12:38 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,252 sqft

Price per Sqft $488

MLS Listing ID 40655022

Style Two Story

Bedrooms 6

Full Baths 3

Abv Grd Liv Area 2,252

Originating Board The Lakelands

Annual Tax Amount $3,533

Property Description

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).

Location

Province ON

County Simcoe County

Area Collingwood

Zoning R2

Direction SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.

Rooms

Other Rooms Shed(s)

Basement Crawl Space, Unfinished

Kitchen 3

Interior

Heating Baseboard, Electric

Cooling Other, None

Fireplace No

Appliance Water Heater, Hot Water Tank Owned

Laundry In-Suite

Exterior

Garage Asphalt

Waterfront No

Roof Type Asphalt Shing,Metal

Lot Frontage 96.95

Lot Depth 133.41

Garage No

Building

Lot Description Urban, Rectangular, City Lot, Near Golf Course, Landscaped, Marina, Public Parking, Public Transit, Skiing

Faces SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Vinyl Siding

New Construction Yes

Others

Senior Community No

Tax ID 582840056

Ownership Freehold/None

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

393 Second Street Collingwood, ON L9Y 1G9

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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393 Second Street