78 Fourth Street W Collingwood, Ontario L9Y 1R4
$1,099,000
Great investment opportunity in excellent central location. Four separate apartments within walking distance of shops & restaurants of downtown Collingwood, area schools, YMCA & short drive to private & public ski hills. All four units are currently vacant. Tenants paid heat & hydro (separate meters) and Owner paid gas hot water & water/sewer usage. Low maintenance property. Each unit has exclusive entrance & private deck. Apt 1, 2 & 3 have kitchen & living room on lower level, 2 bed + 4 pc bath on upper level. Apt 1 all on one level with 1 bed + 4 pc bath. This property has potential to net $73,333 per year with CAP rate of 6.67%. (id:51028)
Property Details
| MLS® Number | 40504646 |
| Property Type | Multi-family |
| Amenities Near By | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 7 |
| Basement Development | Unfinished |
| Basement Type | Crawl Space (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Stone |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, In Floor Heating |
| Stories Total | 2 |
| Size Interior | 2769 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Water Access, Road Access |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 71 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26217480/78-fourth-street-w-collingwood
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November 02 2023 07:04:17
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
RE/MAX Four Seasons Realty Limited, Brokerage