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Collingwood 7-Unit multifamily 593 Hurontario St

7 Unit Block of Flats £827,064 (£118,152/Unit) 6.41% Net Initial Yield Collingwood, ON L9Y 2N4

Block of Flats Ontario Collingwood 593 Hurontario St, Collingwood, ON L9Y 2N4

Executive Summary

Welcome to 593 Hurontario Street, a rare investment opportunity in the heart of Collingwood. This recently renovated 7-unit multi-family apartment building is perfectly positioned for both steady income and future development potential. Each unit has been tastefully updated. The property also offers significant upside for the savvy investor, with zoning that allows for the potential of up to 10 units, making it an ideal candidate for future growth. Situated on a bus route and within walking distance to downtown Collingwood, schools, coffee shops, and daycares, this property offers convenience and desirability for tenants. Located in one of Collingwood's most sought-after neighbourhoods, the area is known for its vibrant community, accessibility, and strong rental demand. Whether you're looking to expand your portfolio or capitalize on Collingwood's growing market, 593 Hurontario Street presents a compelling blend of current income and future potential.
No agent. Direct buyers only.
For more information contact:
Anthony Spano, BComm
Salesperson
647-921-8050
Anthony@tylermclay.com
Royal LePage Your Community Realty, Brokerage
with
Listing Brokerage
Royal LePage Locations North (Collingwood)
Kelly Caldwell, Salesperson

Property Facts

Price £827,064 Apartment Style Low Rise
Price Per Unit £118,152 Building Class B
Sale Type Investment Lot Size 0.51 AC
Net Initial Yield 6.41% Building Size 5,268 SF
No. Units 7 Number of Floors 2
Property Type Residential Year Built 1990
Property Subtype Apartment Parking Ratio 1.52/1,000 SF
Price £827,064
Price Per Unit £118,152
Sale Type Investment
Net Initial Yield 6.41%
No. Units 7
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.51 AC
Building Size 5,268 SF
Number of Floors 2
Year Built 1990
Parking Ratio 1.52/1,000 SF

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector
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zoning

Zoning Code R3-20 (Residential third density zone.)
R3-20 (Residential third density zone.)
(647) 921-8050

Contact

  • Listing ID: 33301883

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 593 Hurontario St, Collingwood, ON L9Y 2N4

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593 Hurontario St, Collingwood, ON for sale Building Photo- Image 2 of 3
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Collingwood 7-Unit multifamily | 593 Hurontario St
(647) 921-8050 x

Collingwood 7-Unit multifamily | 593 Hurontario St

Anthony Spano

(647) 921-8050

(647) 921-8050

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