393 Second Street
Collingwood, Ontario L9Y1G9
6 beds · 3 baths · 2252 sqft
TRIPLEX~ Great Opportunity for Investors~ Rental income is $5,200 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:39198)
Facts & Features
Building Type House, Detached
Year built
Square Footage 2252 sqft
Stories 2
Bedrooms 6
Bathrooms 3
Parking 9
NeighbourhoodCW01-Collingwood
Land size under 1/2 acre
Heating type Baseboard heaters
Basement typeCrawl space (Unfinished)
Parking Type Visitor Parking
Time on REALTOR.ca36 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: RE/MAX Four Seasons Realty Limited, Brokerage
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Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
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Start with 5% down and save toward 5% in 3 years.
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