593 Hurontario Street Collingwood, Ontario L9Y 2N4

$1,470,000

Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood situated on an expansive lot to acommodate expansion. This recently renovated 7-unit multi-family apartment building offers both immediate rental income and significant future growth potential. The property is zoned for development, allowing for the addition of up to 10 total units, making it a prime candidate for expansion. There is a spacious lot to accommodate an expansion.Each of the seven existing units has been tastefully updated with modern amenities, attracting high-quality tenants and ensuring steady income from day one. Beyond its current performance, the seller is offering a unique incentive to ease the transition for a new owner: property management services for up to one year. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property is ideally located for tenant convenience. Set in one of Collingwood's most sought-after neighbourhoods, it benefits from a vibrant community, excellent accessibility, and strong rental demand.Whether you're an experienced investor looking to expand your portfolio or seeking to capitalize on Collingwood's growing market, 593 Hurontario Street delivers a compelling mix of current income, development potential, and long-term value. Don't miss this exceptional opportunity! (id:42776)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	S11945730
Property Type	Multi-family
Community Name	Collingwood
Amenities Near By	Public Transit, Recreation
Parking Space Total	8

Building

Bedrooms Total	12
Appliances	Refrigerator, Stove
Heating Type	Baseboard Heaters
Size Exterior	5268 Sqft
Size Interior	5,268 Ft2
Type	Multi-family
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Public Transit, Recreation
Size Depth	26 Ft ,7 In
Size Frontage	83 Ft ,9 In
Size Irregular	Bldg=83.78 X 26.6 Ft
Size Total Text	Bldg=83.78 X 26.6 Ft
Zoning Description	(h14) R3-20

https://www.realtor.ca/real-estate/27854486/593-hurontario-street-collingwood-collingwood