363-361 Cedar Street Collingwood, Ontario L9Y 3B2

$995,000

363 & 361 Cedar is an exceptional opportunity, right in the heart of Collingwood. This beautifully renovated duplex lives more like two semi-detached homes, offering flexibility for investors, multi-generational living, or those looking to offset their mortgage with rental income. Set on a generous 70 x 165 ft lot, each 2 bedroom, 2 bathroom unit enjoys its own private, fully fenced yard, creating two distinct and functional living spaces. The units are both bright and open on the main floor and walk out to their respective private backyard each with a Napoleon barbecue, outdoor patio sets, and large fenced in yards. Fantastic Collingwood location with a 15 minute walk to downtown, with vibrant shops, restaurants, galleries, farmers market, and year round events. 15 minute walk to the waterfront, and 5 minutes to one of Collingwood's top elementary schools, along with aquatic centre, baseball diamonds, skate park, and dog park. A short drive connects you to Blue Mountain Village, private ski clubs, golf courses. Some of the region's best mountain, road, and gravel cycling is right outside your door. The property also presents future upside. With the potential for severance (subject to town approvals and servicing requirements), there is an opportunity here for those looking to add value over time. Whether you're seeking strong income potential or a versatile property in a prime lifestyle location, this is a rare offering in today's market. 361 Cedar (Left Side) is currently tenanted with a reliable long-term tenant paying $2,400/month + hydro & gas, providing immediate, stable income. 363 Cedar (Right Side) is vacant and ready for occupancy, previously rented for $2,600/month + hydro & gas, offering strong income potential or the option to move in and enjoy. (id:42776)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	S13022376
Property Type	Multi-family
Community Name	Collingwood
Amenities Near By	Recreation, Ski Hill
Parking Space Total	4

Building

Bathroom Total	4
Age	100+ Years
Appliances	Dishwasher, Dryer, Furniture, Two Washers
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	2280 Sqft
Size Interior	2,280 Sqft
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Recreation, Ski Hill
Size Depth	165 Ft
Size Frontage	70 Ft
Size Irregular	Bldg=70 X 165 Ft
Size Total Text	Bldg=70 X 165 Ft
Zoning Description	R2

https://www.realtor.ca/real-estate/29631840/363-361-cedar-street-collingwood-collingwood