393 SECOND ST new

Collingwood,ON L9Y 1G9

$ 1070000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID S11907982

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,601

Tax Year 2024

Property Description

TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ yr, $5150 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~ Town of Collingwood permitting fourth units providing parameters met~ Potential to Build Garage/ Coach House~ 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!

Location

Province ON

County Simcoe

Community Collingwood

Area Simcoe

Region Collingwood

City Region Collingwood

Rooms

Family Room Yes

Basement Unfinished,Crawl Space

Kitchen 3

Interior

Interior Features Water Heater

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private Double,Other

Garage Spaces 9.0

Pool None

Roof Type Metal,Asphalt Shingle

Topography Dry,Flat,Open Space,Level

Lot Depth 133.41

Total Parking Spaces 9

Building

Unit Features Golf

Foundation Stone

New Construction true

Others

Security Features Smoke Detector

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