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$1,339,000
Available - For Sale
Listing ID: S12346449
Looking for a turn key investment property with cash flow on day one? Welcome to 593 Hurontario Street, a recently renovated 7-unit multi-family property located in the heart of Collingwood. Situated on an expansive lot, the property offers zoning for up to 10 total units, providing significant future development potential alongside immediate rental income.Each unit has been tastefully updated with modern finishes, attracting quality tenants and ensuring steady cash flow.Ideally located on a bus route and within walking distance to downtown, shops, restaurants, schools, and parks, this property benefits from strong tenant appeal and high rental demand.This is a rare opportunity to acquire a fully leased, income-generating asset with room to grow in one of Collingwood's most desirable neighbourhoods.
Price $1,339,000
Taxes: $6,272.47
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 593 HURONTARIO Stre , Collingwood, L9Y 2N4, Simcoe
Postal Code: L9Y 2N4
Province/State: Simcoe
Legal Description: LT 6 E/S OF HURONTARIO ST PL 176 COLLING
Directions/Cross Streets: Collins
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: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,268
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Approximatly Age: 100+
Franchise: F
 Management Expense: 10483
Maintenance: 0
Water Expense: $9547
Vacancy Allowance: 1337
Net Income Before Debt: $84763
Expenses Actual/Estimated: $Act
Sprinklers: Yes
Heat Type: Baseboard
Central Air Conditioning: No
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Locations North

593 HURONTARIO Stre , Collingwood, L9Y 2N4, Simcoe


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style:
Lot Size: x 26.60(Feet)
Approximate Age: 100+
Tax: $6,272.47
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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