Collingwood L9Y 3L6
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 10 BR
Bathrooms: 4

Financials

Price:C1,600,000
($1,156,300)
(€994,200)
Annual Taxes:C6,777
505 Park Ave, New York, NY 10022

Excellent investment opportunity in the heart of Collingwood.

Description

Excellent investment opportunity in the heart of Collingwood. This solid brick four-unit residential income property, located within a C1 Commercial Zone, offers strong rental appeal and long-term potential. The building is over 100 years old and situated within a designated Heritage area, adding character and historical charm while benefiting from recent capital improvements. The property comprises four spacious units, including two 2-bedroom units and two 3-bedroom units. Each unit is separately heated with its own furnace, providing efficiency and ease of management. The roof was replaced in 2025, and the plumbing has been updated, reducing near-term capital concerns. All units are rented on a net, net basis, with tenants responsible for hydro, gas, water, and sewage, except for common area utilities. The building is fully tenanted, offering stable income with strong rental demand in a desirable central location. Located in a high-demand rental area, the property may be of interest to investors seeking an established rental building with longer-term potential, subject to market conditions and tenancy. Each tenant is entitled to one parking space included in the rent, with additional parking available at $100/month per space, offering supplemental income potential. Centrally located and within walking distance to downtown amenities, shops, restaurants, and transit. While zoned C1 Commercial, the property is currently operated and tenanted as a residential rental building. Buyers are encouraged to review zoning provisions and heritage guidelines to confirm permitted future uses. A well-maintained, income-producing property in a prime Collingwood location-ideal for investors seeking stability with upside. Buyer to satisfy themselves with respect to zoning, permitted uses, and compliance with municipal requirements

Amenities

  • Carbon Monoxide Detectors
  • Other
  • Smoke Detector

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.