393 SECOND STREET, COLLINGWOOD

2026-06-27
 

Quick Summary

Location
393 SECOND STREET, COLLINGWOOD, Ontario L9Y1G9
Price
$978,800 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2000 - 2500 sqft
Bedrooms:
6
Bathrooms:
3
Garages:
9

MLS®#S13493246

Property Description

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! (id:32467)

Property Features

Building

  • Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
  • Basement Development: Unfinished
  • Basement Type: Crawl space (Unfinished)
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 2000 - 2500 sqft
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 97 x 132 FT
  • Sewer: Sanitary sewer

Information entered by RE/MAX Four Seasons Realty Limited
Listing information last updated on: 2026-06-26 15:00:23


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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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