393 Second Street
Collingwood, ON
- 2,174 sqft
- Investment
- 79 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
Sign in to view
Property
- Lot Size
- 96.96 x 132 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- SECOND STREET~ BETWEEN WALNUT ST. AND HICKORY ST. ON THE NORTH SIDE OF SECOND STREET.
- Zoning
- R2
- Parcel Number
- 582840056
- 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 items
- Rental Items
- None
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
- $670,000
- Homes sold
- 513
- Median days on market
- 38
- Sale-to-list price
- 95.5%
Based on 513 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
- 2,174 sq ft
- Price per sq ft
- $450.23
- Annual property tax
- $3,707
- Tax per sq ft
- $1.70
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Discover a prime investment opportunity with this well-maintained triplex generating an impressive annual rental income of $61,800 ($5,150/month).. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?