57 Elgin Street, Collingwood, Ontario L9Y 3L6

Listed for:
$1,499,000
0 beds
0 baths
Listed 29 days ago
Multi-Family for rent: 57 Elgin Street, Collingwood, Ontario L9Y 3L6

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About

Ste Marie St. or Ontario St. to Elgin St., Parking in the back of building 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! (id:27476)

Property Highlights

MLS® Number
S13226690
Type
Multi-family
Community Name
Collingwood
Land Size
Bldg=53 x 140 FT

Building

Building Type
Multi-Family
Square Footage
4843 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX Four Seasons Doug Gillis & Associates Realty
MLS® number:
S13226690
Agent:
Doug Gillis
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