57 Elgin Street, Collingwood — For Sale in Collingwood
0 bed · 0 bath · Investment for sale in Collingwood.
57 Elgin Street, Collingwood, ON L9Y 3L6
About This Property
Now for sale at 57 Elgin Street in Collingwood: a 0-bedroom, 0-bathroom investment listed at $1,600,000.
Prime Investment Opportunity in Collingwood's Desirable Heritage Zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out!
Property Specifications
| MLS® Number | S13226690 |
|---|---|
| Status | For Sale |
| List Price | $1,600,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Living Area | 4843 sq ft |
| Address | 57 Elgin Street, Collingwood, ON L9Y 3L6 |
| City | Collingwood |
| Postal Code | L9Y 3L6 |
Listing Contracted With: RE/MAX Four Seasons Doug Gillis & Associates Realty
