TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ $5150 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~ Town of Collingwood permitting fourth units providing parameters met~ Potential to Build Garage/ Coach House~ 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! |
Price | $1,070,000 |
Taxes: | $3601.53 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 393 SECOND St , Collingwood, L9Y 1G9, Ontario |
Postal Code: | L9Y 1G9 |
Province/State: | Ontario |
Legal Description: | PT LT 19 E/S HICKORY ST PL 38 AKA PL 73 |
Lot Size: | 96.95 x 133.41 (Feet) |
Directions/Cross Streets: | SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET. |
Category: | Apartment |
Use: | Apts-2 To 5 Units |
Building Percentage: | Y |
Total Area: | 2252.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit Skiing |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Insurance Expense: | $2430 |
Gross Income/Sales: | $61800 |
Year Expenses: | 6032 |
Expenses Actual/Estimated: | $Est |
Outside Storage: | Y |
Heat Type: | Baseboard |
Central Air Conditioning: | N |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX Four Seasons Realty Limited |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Collingwood |
Neighbourhood: | Collingwood |
Lot Size: | 96.95 x 133.41(Feet) |
Tax: | $3,601.53 |