393 Second Street
Collingwood, ON
- 6 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 72 days on market
EXCEPTIONAL TRIPLEX INVESTMENT Opportunity in Collingwood! Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month). Tenants pay all utilities and snow removal, maximizing your return. This property features three self-contained units, each offering 2 bedrooms and a 4-piece bathroom, all separately metered for convenience and efficiency. Situated on a generous 97 x 133 ft lot in a highly desirable location, this property offers incredible potential for future development. Under current Town of Collingwood guidelines there is potential for *Severance to create 2 lots *Development of up to four units on each lot *Construction of a garage or coach house. *Building two homes on newly created lots *Conversion to a single-family residence or custom dream home (Buyer to complete due diligence to confirm their intended use). The property has had numerous upgrades, including: *Durable metal roof and asphalt roof on porch 2025 (Apartment 3 ) *Updated electrical (breakers for two units) *Some newer windows and vinyl siding *Updated flooring *Newer appliances *Three owned hot water heaters *Stylish designer paint throughout. With A++ tenants already in place, this is a turnkey investment ideal for both seasoned investors and those entering the market. Located within walking distance to historic downtown Collingwood, you'll enjoy easy access to shops, restaurants, theatres, and the beautiful shores of Georgian Bay. Plus, you're just a short drive to Blue Mountain Village, Thornbury, and the world's longest freshwater beach. A rare opportunity in a thriving rental market-don't miss out!
Listing Details
- Taxes (2025)
- $3,707
- Listed
- June 26, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle, Metal
- Foundation
- Stone
- Interior
- Water Heater
- Lot Size
- 96.96 x 132 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 9
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
- Parcel Number
- 582840056
- Possession
- Flexible
- Occupancy
- Tenant
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
- Rental Items
- None
Schools
Elementary
- Mountain View Public School0.4 km
Public · Simcoe County DSB · 405 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 66% met the provincial standard
- Cameron Street Public School1.5 km
Public · Simcoe County DSB · 525 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 29% met the provincial standard
- Connaught Public School1.8 km
Public · Simcoe County DSB · 190 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 21% met the provincial standard
Secondary
- Collingwood Collegiate Institute1.8 km
Public · Simcoe County DSB · 1510 students
Grade 10 literacy: 84% met the provincial standard
- Our Lady of the Bay Catholic High School2 km
Catholic · Simcoe Muskoka CDSB · 620 students
Grade 10 literacy: 90% 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
- 510
- Median days on market
- 38
- Sale-to-list price
- 95.6%
Based on 510 recorded sales of residential freehold 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
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Mortgage Calculator
$195,760
Estimated Monthly Payment
$4,809
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: $4,809/mo (20% down, 5.5%)
Taxes: $309/mo · Insurance: $245/mo
Estimates only. Consult a financial advisor.
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