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$ 1,470,000
Est. payment /mo
New
593 HURONTARIO ST Collingwood, ON L9Y 2N4
12 Beds
5,268 SqFt
UPDATED:
01/29/2025 06:16 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,268 sqft
Price per Sqft $279
Subdivision Collingwood
MLS Listing ID S11945730
Bedrooms 12
Annual Tax Amount $6,272
Tax Year 2024
Property Description
Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood situated on an expansive lot to acommodate expansion. This recently renovated 7-unit multi-family apartment building offers both immediate rental income and significant future growth potential. The property is zoned for development, allowing for the addition of up to 10 total units, making it a prime candidate for expansion. There is a spacious lot to accommodate an expansion.Each of the seven existing units has been tastefully updated with modern amenities, attracting high-quality tenants and ensuring steady income from day one. Beyond its current performance, the seller is offering a unique incentive to ease the transition for a new owner: property management services for up to one year. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property is ideally located for tenant convenience. Set in one of Collingwood's most sought-after neighbourhoods, it benefits from a vibrant community, excellent accessibility, and strong rental demand.Whether you're an experienced investor looking to expand your portfolio or seeking to capitalize on Collingwood's growing market, 593 Hurontario Street delivers a compelling mix of current income, development potential, and long-term value. Don't miss this exceptional opportunity!
Location
State ON
County Simcoe
Community Collingwood
Area Simcoe
Zoning (H14) R3-20
Rooms
Kitchen 0
Interior
Cooling No
Inclusions Refrigerator x7, stove x7, Smoke Detector
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Available
Lot Frontage 83.78
Lot Depth 26.6
Building
New Construction false
Others
Senior Community No
Security Features Yes
Listed by Royal LePage Locations North