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MLS® S12918202
Collingwood, ON
EXCEPTIONAL TRIPLEX INVESTMENT Opportunity in Collingwood! Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month). Tenants pay all utilities and snow removal, maximizing your return. This property features three self-contained units, each offering 2 bedrooms and a 4-piece bathroom, all separately metered for convenience and efficiency. Situated on a generous 97 x 133 ft lot in a highly desirable location, this property offers incredible potential for future development. Under current Town of Collingwood guidelines there is potential for *Severance to create 2 lots *Development of up to four units on each lot *Construction of a garage or coach house. *Building two homes on newly created lots *Conversion to a single-family residence or custom dream home (Buyer to complete due diligence to confirm their intended use). The property has had numerous upgrades, including: *Durable metal roof and asphalt roof on porch 2025 (Apartment 3 ) *Updated electrical (breakers for two units) *Some newer windows and vinyl siding *Updated flooring *Newer appliances *Three owned hot water heaters *Stylish designer paint throughout. With A++ tenants already in place, this is a turnkey investment ideal for both seasoned investors and those entering the market. Located within walking distance to historic downtown Collingwood, you'll enjoy easy access to shops, restaurants, theatres, and the beautiful shores of Georgian Bay. Plus, you're just a short drive to Blue Mountain Village, Thornbury, and the world's longest freshwater beach. A rare opportunity in a thriving rental market-don't miss out!
Inclusions
Dryer /Washer Combo (2) Dryer (1), Electric Light Fixtures, Hot Water Heaters (3~owned), Refrigerators (3), Stove (3), Washer (1)
Exclusions
Tenant Personal Belongings
Broker
RE/MAX Four Seasons Realty Limited
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Investment
393 Second Street Collingwood
Collingwood
Type
Investment
Parking
None
Property Tax
~$3,707/yr
Heating
Baseboard
Buying Essentials
Square Feet
2174 sqft
Parking
None
Finances
List Price
$998,800
Price per SQFT
$459/sqft
Property Tax
~$3,707/yr
Property Specs
Property Type
Investment
MLS Size
2174 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
Collingwood
Listed On
Mar 25, 2026
Public Transit
Skiing
Days on Market
Current: 227 days
Room information is not available for this listing.
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