57 ELGIN STREET
Collingwood
L9Y 3L6
$1,600,000
Multi-family
4,843 sq. ft.
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- S13226690
- Photos (25)
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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:2493)
- Property Type:
- Multi-family
- Property Attached:
- Yes
- Total Living Area:
- 4,843 sq. ft.450 m2
- Total Building Area:
- 4,843 sq. ft.450 m2
- Zoning:
- C1
- Taxes:
- $6,777 / 2025
- Community:
- Collingwood
- Structure Type:
- Multi-Family
- Appliances Included:
- Washer, Dryer
- Cooling:
- None
- Fireplace:
- No
- Heating:
- Forced air, Natural gas
- Water:
- Municipal water
- Lot Frontage:
- 53'16.2 m
- Lot Details:
- Bldg=53 x 140 FT
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Listed by RE/MAX Four Seasons Doug Gillis & Associates Realty and RE/MAX Four Seasons Realty Limited
Data was last updated June 2, 2026 at 11:15 PM (UTC)
- MARLA SIMON
- ROYAL LEPAGE LOCATIONS NORTH (THORNBURY), BROKERAGE
- 1 (705) 9942595
- Contact by Email
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