$1,100,000

Investment For Sale In Collingwood, Ontario

$1,100,000

Property Information:

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!

Inclusions: Hot Water Tank Owned

Building Features:

  • Floor Space: 2252 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: Other, None
  • Driveway Parking: Private Drive Double Wide, Visitor Parking
  • Floor Space (approx): 2252 Square Feet
  • Heating: Baseboard, Electric
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 133.41 Feet
  • Lot Features: Rectangular, City Lot, Near Golf Course, Marina, Public Parking, Public Transit
  • Lot Frontage: 96.95 Feet
  • Other Structures: Shed(s)
  • Parking Features: Asphalt
  • Roof: Asphalt Shing, Metal
  • Security Features: Carbon Monoxide Detector(s)
  • Water Source: Municipal
  • Zoning: R2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 9

Courtesy of: RE/MAX Four Seasons Realty Limited, Brokerage

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.