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57 ELGIN STREET, COLLINGWOOD
2026-06-02
Quick Summary
- Location
- 57 ELGIN STREET, COLLINGWOOD, Ontario L9Y3L6
- Price
- $1,600,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 3500 - 5000 sqft
- Bedrooms:
- 10
- Bathrooms:
- 4
- Garages:
- 6
MLS®#S13226720
Property 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 (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Marina, Public Transit, Hospital, Ski area
Building
- Appliances: Stove, Refrigerator
- Basement Development: Unfinished
- Basement Type: N/A (Unfinished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Concrete
- Fireplace: No
- Interior Size: 3500 - 5000 sqft
- Building Type: Fourplex
- Stories: 2.5
- Utility Water: Municipal water
Land
- Land Size: 53 x 140 FT
- Sewer: Sanitary sewer
Zoning
- Description: C1
Information entered by RE/MAX Four Seasons Doug Gillis & Associates Realty
Listing information last updated on: 2026-06-02 16:00:23
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Kevin Boughen Realtor
- Phone:
- (416) 509-4047
- Email:
- onepercentatblue@gmail.com
- Support Area:
- Collingwood, Blue Mountain, The Blue Mountains, Thornbury, Meaford, Wasaga Beach, Stayner
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