Prime Investment Opportunity in Collingwood's Desirable Heritage Zone !


Property

Website:https://www.nestseekers.com/5528551
Address:
Collingwood L9Y 3L6
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C1,600,000
($1,156,300)
(€994,200)
Annual Taxes:C6,777

Description

Prime Investment Opportunity in Collingwood's Desirable Heritage Zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out!

Contact

505 Park Ave, New York, NY 10022