57 ELGIN STREET

Key facts

• Property type: Multi-family
• Structure: Fourplex
• Transaction: For Sale
• Price: class="container" id="details-container",600,000
• Bedrooms: 10
• Bathrooms: 4
• Lot size: 53 x 140 FT
• Parking: 6
• Listing key: 29838622

Listing overview

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...