$ 1.100.000

393 Second Street, Collingwood

  • Bedrooms: 6
  • Bathrooms: 3
  • Living area: 2252 square feet
  • Type: Residential
  • Added: 53 days ago
  • Updated: 50 days ago
  • Last Checked: 18 hours ago
TRIPLEX~ Great Opportunity for Investors~ Potential to add FOURTH UNIT (Ask about the Town of Collingwood Increase Density Opportunities)! ANNUAL RENTAL INCOME~$61 800/ $5,150 per month AND Tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 Bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 X 133 Ft. Endless Possibilities with Potential for Development~ Sever and Build 2 Homes on Newly Created Lots, Live in One Unit and Rent the Other Two, Continue to Use Strictly as an Investment Property, Convert to Single Family Residence or a Beautiful Lot to Build your Dream Home! This Property has had Many Upgrades Including~ Metal Roof, Asphalt Roof ( Apartment 3), Some Newer Windows, Some Newer Vinyl Siding Replaced and Windows Capped, Upgraded Electrical~ Breakers for 2 Units, Flooring, Newer Appliances/ 3 Hot Water Heaters (Includes all Appliances and Hot Water Heaters Owned) and Designer Paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable Collingwood. Look no further~ this is the one! Walking Distance to Historic Downtown, Restaurants, Theatres, Shopping, Sparkling Waters of Georgian Bay and all that Collingwood has to Offer. Short Drive to Blue Mountain Village, Thornbury and The Longest Freshwater Beach in the World! (id:1945)
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Property DetailsKey information about 393 Second Street

  • Cooling: None
  • Heating: Baseboard heaters, Electric
  • Stories: 2
  • Structure Type: Triplex
  • Exterior Features: Vinyl siding
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Crawl space
  • Living Area: 2252
  • Bedrooms Total: 6
  • Above Grade Finished Area: 2252
  • Above Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Other

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 393 Second Street

  • Lot Features: Southern exposure, Paved driveway
  • Water Source: Municipal water
  • Parking Total: 9
  • Parking Features: Visitor Parking

Location & CommunityUnderstand the neighborhood and community

  • Directions: SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
  • Common Interest: Freehold
  • Subdivision Name: CW01-Collingwood

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 393 Second Street

  • Tax Annual Amount: 3533
  • Zoning Description: R2

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 3
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
43
Min Price
$525,000
Max Price
$2,295,000
Avg Price
$1,011,149
Days on Market
60 days
Sold listings
21
Min Sold Price
$599,900
Max Sold Price
$2,199,000
Avg Sold Price
$1,032,933
Days until Sold
62 days

Nearby Places

Name
Type
Address
Distance
Boston Pizza
Restaurant
390 1 St
0.2 km
Kelsey's
Restaurant
371 1 St
0.2 km
Swiss Chalet Rotisserie & Grill
Restaurant
440 1 St
0.3 km
East Side Mario's Restaurant
Restaurant
499 1 St
0.3 km
Pizza Hut
Meal takeaway
275 1st St #5
0.5 km
Holiday Inn Express Hotel & Suites Collingwood-Blue Mountain
Lodging
4 Balsam St
0.5 km
Beaver and Bulldog
Bar
195 1st St
0.5 km
Pizza Pizza
Restaurant
5 Balsam St
0.6 km
Montana's Restaurant
Restaurant
79 Balsam St
0.7 km
Green Mango Tree Thai Fusion
Restaurant
115 1 St
0.7 km
San Diego Italian Restaurant
Restaurant
72 1 St
0.8 km
The Huron Club
Bar
94 Pine St
0.8 km
Additional Information about 393 Second Street

This House at 393 Second Street Collingwood, ON with MLS Number 40655039 which includes 6 beds, 3 baths and approximately 2252 sq.ft. of living area listed on Collingwood market by Loretta McInnis - RE/MAX Four Seasons Realty Limited, Brokerage at $1,100,000 53 days ago.

We have found 6 Houses that closely match the specifications of the property located at 393 Second Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 699,900 and 1,399,000.

The current price of the property is $1,100,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $891,000. This would result in a monthly mortgage payment of $5,144 over a 25-year amortization period.

More Details?
Loretta McInnis
  • Loretta McInnis
  • RE/MAX Four Seasons Realty Limited, Brokerage
  • 705-443-1659

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