$1,339,000
Available - For Sale
Listing ID: S12346449
593 HURONTARIO Street , Collingwood, L9Y 2N4, Simcoe
| Looking for a turn key investment property with cash flow on day one? Welcome to 593 Hurontario Street, a recently renovated 7-unit multi-family property located in the heart of Collingwood. Situated on an expansive lot, the property offers zoning for up to 10 total units, providing significant future development potential alongside immediate rental income.Each unit has been tastefully updated with modern finishes, attracting quality tenants and ensuring steady cash flow.Ideally located on a bus route and within walking distance to downtown, shops, restaurants, schools, and parks, this property benefits from strong tenant appeal and high rental demand.This is a rare opportunity to acquire a fully leased, income-generating asset with room to grow in one of Collingwood's most desirable neighbourhoods. |
| Price | $1,339,000 |
| Taxes: | $6272.47 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 593 HURONTARIO Street , Collingwood, L9Y 2N4, Simcoe |
| Postal Code: | L9Y 2N4 |
| Province/State: | Simcoe |
| Legal Description: | LT 6 E/S OF HURONTARIO ST PL 176 COLLING |
| Directions/Cross Streets: | Collins |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 5268.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 100+ |
| Franchise: | F |
| Management Expense: | 10483 |
| Water Expense: | $9547 |
| Vacancy Allowance: | 1337 |
| Net Income Before Debt: | $84763 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Collingwood |
| Neighbourhood: | Collingwood |
| Approximate Age: | 100+ |
| Tax: | $6,272.47 |
| Fireplace: | N |
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