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$3,499,000
Available - For Sale
Listing ID: S12337285
Development Opportunity! Own a Piece of Collingwood's History, Shape Its Future! This is a truly exceptional commercial opportunity in the heart of Downtown Collingwood: a landmark building with a remarkable past, once belonging to the visionary Sir Sandford Fleming. Situated on a coveted prime lot (0.851 acres), this recently renovated property seamlessly blends historic charm with modern income and development potential. The main floor currently has two premium suites available, offering a perfect opportunity to establish or expand your business. Imagine opening a chic cafe, a bustling restaurant, or a high-end spa in a location with established, professional tenants, including a hair stylist/colorist, psychotherapists, and a scalp spa. This extensively renovated property offers a unique and versatile layout across three distinctive levels: First Floor: 3,297 sq ft; Second Floor: 2,115 sq ft; Third Floor Loft: 948 sq ft. With a total of eight bathrooms and ample parking (10+), the building is ready to support a variety of businesses. The true value lies beyond the existing structure. The exciting potential for further land development at the rear of the property is a major draw. A Development Study for 12 residential townhomes has already been conducted, with the possibility of a four-story condo development with up to 30 units and underground parking. This is more than an investment; it's a chance to own a significant piece of Collingwood's heritage and capitalize on its thriving future. Embrace the character, prime location, and unparalleled development prospects of this extraordinary downtown holding.
Price $3,499,000
Taxes: $16,000
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 637 Hurontario Stre , Collingwood, L9Y 2N6, Simcoe
Postal Code: L9Y 2N6
Province/State: Simcoe
Legal Description: PT PKLT 1 S/S COLLINS ST PL 163 COLLINGW
Directions/Cross Streets: Hurontario St and Cameron St.
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: .85
Total Area Code:  Acres
Office/Appartment Area: 5016
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Skiing
Approximatly Age: 100+
Financial Statement: T
Chattels: F
Franchise: F
Days Open: V
Maintenance: 0
Sprinklers: No
Outside Storage: T
Rail: N
Crane: F
Soil Test: No
Heat Type: Water Radiators
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Century 21 Millennium Inc.

637 Hurontario Stre , Collingwood, L9Y 2N6, Simcoe


 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style:
Lot Size: x 245.00(Feet)
Approximate Age: 100+
Tax: $16,000
Maintenance Fee: $0
Beds: 0
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
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