Collingwood, ON L9Y1G9,393 SECOND Street
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Collingwood, ON L9Y1G9,393 SECOND Street
Collingwood, ON L9Y1G9,393 SECOND Street
Collingwood, ON L9Y1G9,393 SECOND Street
Collingwood, ON L9Y1G9,393 SECOND Street
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393 SECOND Street Collingwood, ON L9Y1G9

6 Beds

3 Baths

2,252 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,252 sqft

Price per Sqft $488

Subdivision Cw01-Collingwood

MLS® Listing ID 40655022

Style 2 Level

Bedrooms 6

Originating Board OnePoint - The Lakelands

Property Description

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:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 8'0'' x 7'7'' Other

Extra Room 2 Second level 9'0'' x 8'2'' Bedroom

Extra Room 3 Second level 12'3'' x 10'3'' Primary Bedroom

Extra Room 4 Second level 10'3'' x 8'2'' Bedroom

Extra Room 5 Second level 13'5'' x 10'2'' Primary Bedroom

Extra Room 6 Second level 13'3'' x 9'10'' Bedroom

Interior

Heating Baseboard heaters,

Cooling None

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 9

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold


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Listed by RE/MAX Four Seasons Realty Limited, Brokerage

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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393 SECOND Street