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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$1,070,000
Available - For Sale
Listing ID: S11907983
393 SECOND St , Collingwood, L9Y 1G9, Ontario


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
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Four Seasons Realty Limited
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style:
Lot Size: 96.95 x 133.41(Feet)
Approximate Age:
Tax: $3,601.53
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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