$1,470,000
( $279.04Per Sq Foot )
 $7,891 est/mo Sourced by Back At You

593 Hurontario Street , Collingwood, ON L9Y 2N4

Collingwood, ON L9Y 2N4

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Description

Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood situated on an expansive lot to acommodate expansion. This recently renovated 7-unit multi-family apartment building offers both immediate rental income and significant future growth potential. The property is zoned for development, allowing for the addition of up to 10 total units, making it a prime candidate for expansion. There is a spacious lot to accommodate an expansion.Each of the seven existing units has been tastefully updated with modern amenities, attracting high-quality tenants and ensuring steady income from day one. Beyond its current performance, the seller is offering a unique incentive to ease the transition for a new owner: property management services for up to one year. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property is ideally located for tenant convenience. Set in one of Collingwood's most sought-after neighbourhoods, it benefits from a vibrant community, excellent accessibility, and strong rental demand.Whether you're an experienced investor looking to expand your portfolio or seeking to capitalize on Collingwood's growing market, 593 Hurontario Street delivers a compelling mix of current income, development potential, and long-term value. Don't miss this exceptional opportunity!

Details

MLS#S11945730
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site82
Listing Provided ByRoyal LePage Locations North | S11945730 550102

Features

Bed(s)12
SQ Feet5,268
Acreage0.12
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 minute ago
ProvinceON
CountySimcoe
CityCollingwood
Postal CodeL9Y 2N4
AreaCollingwood
Listing VS Median (In L9Y 2N4)
Price:
$1,470,000
low | high
Med:
$1,470,000
50% of Average
SqFt:
5,268
low | high
Med:
5,268
50% of Average
$ / SqFt:
$279
low | high
Med:
$279
50% of Average
On site:
82
low | high
Med:
82.000000
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2025 at 12:43:20 AM PDT