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393 Second Street Collingwood, Ontario L9Y 1G9

6 Bedroom 3 Bathroom 2252 sqft
2 Level None Baseboard Heaters Landscaped

$1,100,000

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). (id:23149)

Property Details

MLS® Number 40655022
Property Type Single Family
AmenitiesNearBy Golf Nearby, Marina, Public Transit, Ski Area
EquipmentType None
Features Southern Exposure, Paved Driveway
ParkingSpaceTotal 9
RentalEquipmentType None
Structure Shed

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
Age New Building
ArchitecturalStyle 2 Level
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Vinyl Siding
FireProtection Smoke Detectors
FoundationType Stone
HeatingFuel Electric
HeatingType Baseboard Heaters
StoriesTotal 2
SizeInterior 2252 Sqft
Type House
UtilityWater Municipal Water

Parking

Visitor Parking

Land

Acreage No
LandAmenities Golf Nearby, Marina, Public Transit, Ski Area
LandscapeFeatures Landscaped
Sewer Municipal Sewage System
SizeDepth 133 Ft
SizeFrontage 97 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2

Rooms

Level Type Dimensions
Second Level Other 8'0'' x 7'7''
Second Level Bedroom 9'0'' x 8'2''
Second Level Primary Bedroom 12'3'' x 10'3''
Second Level Bedroom 10'3'' x 8'2''
Second Level Primary Bedroom 13'5'' x 10'2''
Second Level Bedroom 13'3'' x 9'10''
Second Level Primary Bedroom 13'6'' x 13'2''
Main Level 4pc Bathroom Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level Living Room 13'10'' x 11'0''
Main Level Living Room 16'9'' x 13'3''
Main Level Kitchen 11'1'' x 7'9''
Main Level Kitchen 11'6'' x 7'8''
Main Level Eat In Kitchen 10'1'' x 13'1''

https://www.realtor.ca/real-estate/27481606/393-second-street-collingwood

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