57 ELGIN STREET,Collingwood,Ontario,L9Y3L6
For sale
$1,600,000
57 ELGIN STREET,Collingwood,Ontario,L9Y3L6
Prime Investment Opportunity in Collingwood's Desirable Heritage Zone! Add this turnkey, century-old solid brick fourplex to your portfolio. The property features an ideal unit mix of two 3-bedroom units and two 2-bedroom units. This building is fully tenanted with incredibly low landlord overhead. True net/net leases ensure tenants pay for their own gas, hydro, water, and sewage. Each unit is equipped with its own separate furnace. Major capital expenses are already taken care of with a brand-new roof (2025) and recently updated plumbing. Boost your cash flow with built-in parking revenue: each unit includes 1 space, with additional spaces available for $100/month. Unit #4 (2-bed) was just freshly leased at $2,200/month, proving strong market demand and excellent rental yields. Walkable to downtown dining, shopping, and the waterfront. Don't miss out! (id:63658)
PROPERTY SUMMARY
| MLS® # | : | S13226690 |
| Listing price | : | $1,600,000 |
| Listed on | : | 08-06-2026 |
| Property subtype | : | For sale |
| Square footage | : | 4843 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX Four Seasons Doug Gillis & Associates Realty |
BEDROOM & BATHROOM
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |