128 SPRUCE STREET, Collingwood, Ontario
$995,000
- 9 Beds
- 6 Baths
At nearly 4,000 sq.ft., this spacious raised bungalow offers amazing flexibility with a legal duplex status and triplex potential! The property features two 1,000 sq. ft. upper units, each with 2 bedrooms, 2 bathrooms, and rear deck access to a private, treed backyard. Perfect for investors or first-time buyers, the lower level is currently part of the right-side unit but can easily be transformed into a third unit--accessed via side stairs. The lower level already has plumbing roughed-in for a future kitchen, and currently includes 5 bedrooms and 2 full baths. Convert a bedroom into a kitchen to create a 4-bedroom apartment, or keep it as-is for additional space with 7 bedrooms, 4 bathrooms (right side upstairs + full lower level combined). The home currently has separate electricity meters, 1 water meter, and 1 gas meter. Outside, the front yard offers space for 4 vehicles, with plans to pave the gravel driveway in early May. The backyard will receive a makeover with fresh sod and a walk-out deck. This versatile property is perfect for seasoned investors, first-time buyers, or anyone looking to live in one unit while collecting rental income from others. Don't miss out on this incredible opportunity! (id:56241)
- Listing ID: S12087486
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 128 SPRUCE STREET in Collingwood Ontario. It was last modified on April 16th, 2025. Contact the Georgian Blue Group to schedule a viewing or to discover other Collingwood homes for sale.