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.
Address
593 Hurontario Street
List Price
$1,339,000
MLS® Status
New
Expiration Date
2025-11-30
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
For Sale
Area
Collingwood
Region
Simcoe
Bedrooms (Total)
12
Lot Depth
26.6
Lot Type
Building
Lot Size Units
Feet
Lot Width
83.78
Parcel Number
582660079
Total Building Area
5268
Occupant Type
Tenant
Cross Street
Collins
Approx. Age
100+ Years
MLS® Number
S12346449
Listing Brokerage
Royal LePage Locations North
Basement
Yes
Postal Code
L9Y 2N4
Parking Spaces
8
Tax Amount
$6,272.47
Tax Year
2024
Property Management Company
BK Property Management
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
One Point Association of REALTORS
Heat Type
Baseboard
Cooling
No
Cooling Features
No
New Construction
No
UFFI
No
Garage Type
Outside/Surface
Tax Legal Description
LT 6 E/S OF HURONTARIO ST PL 176 COLLINGWOOD; See Schedule in Supplements for the complete Legal Description.
Security Features
Yes
