256 Ontario Street
Collingwood, ON
- 3 bed
- 3 bath
- approx. 2000-2500 sqft
- Detached
- 88 days on market
Commercial building and land for sale! Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you're launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included. This sale includes building and land only, no business. Don't miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today!
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Listing Details
- Taxes (2025)
- $5,648
- Listed
- June 12, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Storage, Water Heater, Accessory Apartment, In-Law Capability
- Lot Size
- 58.01 x 120 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 1
- Total Parking
- 6
Utilities
- Sewer
- Other
- Heat Source
- Gas
Location & Legal
- Cross Street
- Ontario St / Napier St
- Zoning
- C6
- Parcel Number
- 582920130
- Possession
- 30-59 days
- Occupancy
- Owner
Included
- Inclusions
- Apartment Fridge, Stove, Light Fixtures, Window Coverings, Washer/Dryer, Light Fixtures
- Rental Items
- HWT and Furnace at $107 a mth
Schools
Elementary
- Connaught Public School0.3 km
Public · Simcoe County DSB · 190 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 21% met the provincial standard
- Admiral Collingwood Elementary School1.7 km
Public · Simcoe County DSB · 600 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 48% met the provincial standard
- Cameron Street Public School1.7 km
Public · Simcoe County DSB · 525 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 29% met the provincial standard
Secondary
- Our Lady of the Bay Catholic High School1.3 km
Catholic · Simcoe Muskoka CDSB · 620 students
Grade 10 literacy: 90% met the provincial standard
- Collingwood Collegiate Institute1.6 km
Public · Simcoe County DSB · 1510 students
Grade 10 literacy: 84% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Collingwood · last 12 months
- Median sold price
- $680,000
- Homes sold
- 513
- Median days on market
- 38
- Sale-to-list price
- 95.5%
Based on 513 recorded sales of residential freehold properties in Collingwood over the last 12 months.
Listed by
Royal LePage Locations North
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Location
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Mortgage Calculator
$169,400
Estimated Monthly Payment
$4,161
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,161/mo (20% down, 5.5%)
Taxes: $471/mo · Insurance: $212/mo
Estimates only. Consult a financial advisor.
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