393 Second St

Collingwood | Collingwood | L9Y 1G9
  • 6
  • 3
  • 0

$1,100,000

Est. Mtg $3,729 /mo
  • Days on market

    7

  • Status

    New

Listing Broker RE/MAX FOUR SEASONS REALTY LIMITED
Since listed: 0 views

Home details

MLS #:

S9382316

Property type:
Multiplex
Style:
2-Storey
Taxes:
$3,533
Possession:
Flexible
Lot Front:
96.95   Feet
Lot Depth:
133.41   Feet
Basement:
Crawl Space | Unfinished
Driveway Pkg:
9
Heat:
Electric | Baseboard

Description


393 Second St, , Collingwood, Ontario is a Multiplex property in Collingwood and in the Collingwood community in the L9Y 1G9 postal code


TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ $5,150 per month AND Tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 Bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 X 133 Ft. Endless Possibilities with Potential for Development~ Sever and Build 2 Homes on Newly Created Lots, Live in One Unit and Rent the Other Two, Continue to Use Strictly as an Investment Property, Convert to Single Family Residence or a Beautiful Lot to Build your Dream Home! This Property has had Many Upgrades Including~ Metal Roof, Asphalt Roof ( Apartment 3), Some Newer Windows, Some Newer Vinyl Siding Replaced and Windows Capped, Upgraded Electrical~ Breakers for 2 Units, Flooring, Newer Appliances/ 3 Hot Water Heaters (Includes all Appliances and Hot Water Heaters Owned) and Designer Paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable Collingwood. Look no further~ this is the one! Walking Distance to Historic Downtown, Restaurants, Theatres, Shopping, Sparkling Waters of Georgian Bay and all that Collingwood has to Offer. Short Drive to Blue Mountain Village, Thornbury and The Longest Freshwater Beach in the World!.

Extras

**INTERBOARD LISTING: THE LAKELANDS REAL ESTATE ASSOC**.


History

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List Date End Date List Price End Price Status MLS #
2022-06 2022-09 $1,250,000 $1,250,000 Exp S5675652
2022-09 2022-11 $1,200,000 $1,200,000 Ter S5773825
2024-05 2024-09 $1,100,000 $1,100,000 Exp S8389366
2024-09 2024-10 $1,100,000 $1,100,000 New S9382316

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Collingwood :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 393 Second St

Based on available 3rd party data

$4159

Approximate costs per month

Mortgage
$3729 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$294 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Golf
  • Hospital
  • Lake Access
  • Library
  • Marina
  • Park
Listing Broker RE/MAX FOUR SEASONS REALTY LIMITED
Data Source: TRREB

Payment calculator

$4024 monthly. In association with: TD Bank
%
  • Principal and Interest
    3729 /mo
  • Property Taxes
    $294 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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