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57 Elgin Street, Collingwood, ON L9Y 3L6

Collingwood, ON, L9Y 3L6 · Collingwood

Sq Ft
Investment Type
S13226690 MLS#

About this property

Prime Investment Opportunity in Collingwood's Desirable Heritage Zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out!

Features & Amenities

  • Garage: Double Detached
  • Cooling: No
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Double Detached
Heat Type Gas Forced Air Closed
Cooling No
Annual Tax $6,777
Tax Year 2025

Building & Construction

Building Area Total
4843

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
No

Parking & Garage

Garage Type
Double Detached

Lot & Land

Lot Size Units
Feet
Lot Depth
140.00
Lot Width
53.00

Financial & Tax

Tax Annual Amount
$6,777
Tax Year
2025
Tax Assessed Value
$465,000
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Simcoe
Cross Street
Ste Marie St. or Ontario St. to Elgin St., Parking in the back of building
Directions
Ste Marie St. or Ontario St. to Elgin St., Parking in the back of building
Showing Requirements
Lockbox, Showing System, List Salesperson

Location

57 Elgin Street, Collingwood, ON L9Y 3L6, Collingwood, ON, L9Y 3L6

Listing courtesy of RE/MAX Four Seasons Doug Gillis & Associates Realty
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