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$1,490,000
Est. payment /mo
7 BA
22,431 SqFt
Price Dropped by $50K
593 Hurontario ST Collingwood, ON L9Y 2N4
UPDATED:
11/08/2024 03:56 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 22,431 sqft
Price per Sqft $66
MLS Listing ID S9263863
Annual Tax Amount $6,272
Tax Year 2024
Property Description
Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood. This recently renovated 7-unit multi-family apartment building is perfectly positioned for both steady income and future development potential. Each unit has been tastefully updated. The property also offers significant upside for the savvy investor, with zoning that allows for the potential of up to 10 units, making it an ideal candidate for future growth. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property offers convenience and desirability for tenants. Located in one of Collingwood's most sought-after neighbourhoods, the area is known for its vibrant community, accessibility, and strong rental demand. Whether you're looking to expand your portfolio or capitalize on Collingwood's growing market, 593 Hurontario Street presents a compelling blend of current income and future potential.
Location
State ON
County Simcoe
Zoning (H14) R3-20
Interior
Cooling No
Inclusions Hot water tank owned
Exterior
Community Features Public Transit, Skiing
Utilities Available Yes
Parking Type None
Others
Security Features Yes
Listed by Royal LePage Locations North (Collingwood)