393 SECOND STREET

Collingwood, , L9Y1G9, Canada

$998,800

EXCEPTIONAL TRIPLEX INVESTMENT Opportunity in Collingwood! Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month). Tenants pay all utilities and snow removal, maximizing your return. This property features three self-contained units, each offering 2 bedrooms and a 4-piece bathroom, all separately metered for convenience and efficiency. Situated on a generous 97 x 133 ft lot in a highly desirable location, this property offers incredible potential for future development. Under current Town of Collingwood guidelines there is potential for *Severance to create 2 lots *Development of up to four units on each lot *Construction of a garage or coach house. *Building two homes on newly created lots *Conversion to a single-family residence or custom dream home (Buyer to complete due diligence to confirm their intended use). The property has had numerous upgrades, including: *Durable metal roof and asphalt roof on porch 2025 (Apartment 3 ) *Updated electrical (breakers for two units) *Some newer windows and vinyl siding *Updated flooring *Newer appliances *Three owned hot water heaters *Stylish designer paint throughout. With A++ tenants already in place, this is a turnkey investment ideal for both seasoned investors and those entering the market. Located within walking distance to historic downtown Collingwood, you'll enjoy easy access to shops, restaurants, theatres, and the beautiful shores of Georgian Bay. Plus, you're just a short drive to Blue Mountain Village, Thornbury, and the world's longest freshwater beach. A rare opportunity in a thriving rental market-don't miss out!

EXTRAS: Washer, Dryer, Water Heater

Last updated on : Wednesday 25th of March 2026 10:35:50 AM

ADDRESS

Street : 393 SECOND STREET

City : Collingwood

Country : Canada

Postal Code : L9Y1G9

Open in Google Map

PROPERTY SUMMARY

Property ID : S12918202

Building Type : Multi-Family

Property Type : Multi-family

Similar Properties

Multi-family

394 CENTRE STREET SOUTH SOUTH

Oshawa (Central), Ontario, L1H4B9

$1,019,000

Beds: 3Baths: 6

property Type: Other

type: Sale

CHAD HARMER
3 weeks ago

DETAILS

Multi-family

301 WESMINA AVENUE

Whitchurch-Stouffville (Stouffville), Ontario, L4A5C2

$1,499,990

Beds: 5Baths: 4

property Type: Duplex

type: Sale

DAVID VINCENT STABILE
1 month ago

DETAILS

Multi-family

101 WELLINGTON SOUTH

Cambridge, Ontario, N1R3K9

$499,900

Beds: 2Baths: 2

property Type: Duplex

type: Sale

MALLORY SIEZAR
6 days ago

DETAILS

Multi-family

293 OLIVE AVENUE

Oshawa (Central), Ontario, L1H2P5

$1,089,000

Beds: 6Baths: 4

property Type: Triplex

type: Sale

ADERONKE ADEAGA
1 month ago

DETAILS

Multi-family

LOT 6 - 291 OLIVE AVENUE NORTH NORTH

Oshawa (Central), Ontario, L1H2P5

$1,089,000

Beds: 6Baths: 4

property Type: Triplex

type: Sale

ADERONKE ADEAGA
1 month ago

DETAILS

Inquire about this property