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