242 SIMCOE STREET, Collingwood, Ontario, L9Y 1J3

$725,000

MLS® # S12700380

Investment For Sale In Collingwood, Ontario

$725,000

Property Information:

Welcome to 242 Simcoe St: once a century home, the property is now two beautifully updated apartments (A & B) situated in a quiet neighbourhood. Perfect for either a buyer who wants to live in one apartment and rent the other out to generate income OR an investor who would like rental income from both apartments. Both apartments have retained their historic charm and have separate entrances. Unit A is an upper-level apartment with lots of natural wood details, with a large open-plan kitchen (renovated in 2022) and sitting room, one bedroom and one bathroom (renovated in 2023), plus in-suite laundry. Unit B is a ground-floor apartment with 2 bedrooms (one currently used as a sitting room), a kitchen/dining room, 1 bathroom, in-suite laundry, and a back door that provides access to the backyard. Both units enjoy access to a garden shed and fenced side and backyard areas, with the option to further separate the yard into two distinct spaces if desired. A shared drive provides parking for up to four vehicles. Recent updates include shingles, soffit, fascia, eaves, downspouts, all windows/doors, and appliances in both units in 2022 and furnace in 2024. In apartment A, carpets/flooring 2022. New shed, fencing and landscaping in 2023. This is a great location in easy walking distance of downtown Collingwood and Georgian Bay! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Blinds, Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Ski area, Golf Nearby
  • Community Features: School Bus
  • Features: Irregular lot size
  • Fence Type: Fenced yard
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 58 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 40 x 58 FT ; + 58' x 11'
  • Structure Type: Shed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Kitchen Upper Level 4.54 m x 3.02 m
  • Living Upper Level 3.62 m x 3.01 m
  • Bedroom Upper Level 2.58 m x 3.39 m
  • Bathroom Upper Level 2.02 m x 3.57 m
  • Laundry Upper Level 1.25 m x 1.53 m
  • Laundry Ground Level 2.72 m x 0.96 m
  • Living Ground Level 5.13 m x 4.46 m
  • Bedroom Ground Level 3.02 m x 2.51 m
  • Kitchen Ground Level 3.77 m x 4.10 m
  • Bedroom Ground Level 2.98 m x 4.10 m
  • Bathroom Ground Level 2.50 m x 2.62 m

Courtesy of: Royal LePage Locations North

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Additional Photos

  • Apartment A (upper floor) -
  • Apartment A hallway -
  • Apartment A stairs to apartment -
  • Apt A -
  • Apt A -
  • Apt A -
  • Apt A -
  • Apt A -
  • Apt A -
  • Apt A -
  • Apt A - insuite laundry -
  • Apt A -
  • Apt A -
  • Shared parking for Apt A & Apt B -
  • Apt B (ground floor apartment) -
  • Apt B entry way -
  • Apt B sitting roo -
  • Bedroom 2 Apt B: used as sitting room -
  • Bedroom 2 Apt B: used as sitting room -