393 Second Street

Collingwood, ON

6 bed
2,252 sqft
Investment
262 days on market

$999,000

TRIPLEX~ Great Opportunity for Investors~ ANNUAL RENTAL INCOME~$61 800/ yr, $5150 per month AND Tenants pay all utilities as well as snow removal! This well maintained triplex with 3 self contained units each having 2 Bedrooms and a 4 pc bath (separately metered) is in a fabulous location and situated on an extremely large lot~ 97 X 133 Ft. Endless Possibilities with Potential for Development~ Town of Collingwood permitting up to four units providing parameters met (sever lot and create 4 units per lot)~ Potential to Build Garage/ Coach House~ Sever and Build 2 Homes on Newly Created Lots, Live in One Unit and Rent the Other Two, Continue to Use Strictly as an Investment Property, Convert to Single Family Residence or a Beautiful Lot to Build your Dream Home! This Property has had Many Upgrades Including~ Metal Roof, Asphalt Roof ( Apartment 3), Some Newer Windows, Some Newer Vinyl Siding Replaced and Windows Capped, Upgraded Electrical~ Breakers for 2 Units, Flooring, Newer Appliances/ 3 Hot Water Heaters (Includes all Appliances and Hot Water Heaters Owned) and Designer Paint throughout. A++ tenants! Looking to get into the investment market? The rental market continues to be very strong in desirable Collingwood. Look no further~ this is the one! Walking Distance to Historic Downtown, Restaurants, Theatres, Shopping, Sparkling Waters of Georgian Bay and all that Collingwood has to Offer. Short Drive to Blue Mountain Village, Thornbury and The Longest Freshwater Beach in the World!

Listing Details

Taxes (2025): $3,706
Listed: December 19, 2025

Price History

Listing history

Property

Lot Size: 96.95 x 133.41 Feet

Parking

Garage: None

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
Zoning: R2
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Apts - 2 To 5 Units

Included

Inclusions: Dryer /Washer Combo (2) Dryer (1), Electric Light Fixtures, Hot Water Heaters (3~owned), Refrigerators (3), Stove (3), Washer (1)
Exclusions: Tenant Personal Belongings

Community

Postal area L9Y

Population: 28,925
Private dwellings: 17,262
Median age: 52
Average household size: 2.2
Median household income: $85,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Collingwood · last 12 months

Median sold price: $680,000
Homes sold: 511
Median days on market: 38
Sale-to-list price: 95.5%

Based on 511 recorded sales of commercial properties in Collingwood over the last 12 months.

Listed by

RE/MAX Four Seasons Realty Limited

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 2,252 sq ft
Price per sq ft: $443.61
Annual property tax: $3,706
Tax per sq ft: $1.65

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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