About the Property
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 a desirable central location.
Features
About the Property
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 a desirable central location.
Features
Property Details
MLS#:
S13226720
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
10
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
2 Spots
Cross Street:
Ste Marie St or Ontario St to Elgin. Parking in back behind the building.
Basement:
Unfinished
Similar Properties
Property Details
MLS#:
S13226720
Status:
For Sale
Property Type:
Fourplex
Central A/C:
No
Bedrooms:
10
Heating Fuel:
Forced Air
Bathrooms:
4
Heating Type:
Forced Air
Parking:
2 Spots
Cross Street:
Ste Marie St or Ontario St to Elgin. Parking in back behind the building.
Basement:
Unfinished
Maintenance:
Exterior:
Brick, Concrete
Possession Date:
Presented By:
RE/MAX Four Seasons Doug Gillis & Associates Realty
Maintenance:
Exterior:
Brick, Concrete
Possession Date:
Presented By:
RE/MAX Four Seasons Doug Gillis & Associates Realty