REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,600,000
Est. payment /mo
New
57 Elgin ST Collingwood, ON L9Y 3L6
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Collingwood
MLS Listing ID S13226690
Annual Tax Amount $6,777
Tax Year 2025
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 53.0
Lot Depth 140.0
Others
ParcelsYN No
Listed by RE/MAX Four Seasons Doug Gillis & Associates Realty
GET MORE INFORMATION