393 SECOND STREET
Collingwood, Ontario, L9Y1G9
For Sale | $998,800
Key facts
- Property type: Multi-family
- Transaction: For Sale
- Price: $998,800
- Interior size: 2,174 sqft
- Lot size: 96.96 x 132 FT
- Listing key: 29512872
Listing overview
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 the...
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