For Sale: 57 Elgin Street, Collingwood, ON - REW
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$1,600,000
0 bd • ba • 4843 sf • Multifamily
57 Elgin Street
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$1,600,000
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57 Elgin StreetCollingwood, ON, L9Y 3L6

  • 0 Bed
  • Bath
  • 4843 Sqft
  • Multifamily

About this home

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:63626)
Listed by: DOUG GILLIS, Broker of Record, RE/MAX Four Seasons Doug Gillis & Associates Realty

Home facts and features

Price details
List Price
$1,600,000
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Gross Taxes for 2025
$6,777
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
140 feet
Frontage
53.0 feet
Heating Type
Forced air, Natural gas
Appliances
Dryer, Washer
Agent details
Primary Agent
DOUG GILLIS
Primary Broker
RE/MAX Four Seasons Doug Gillis & Associates Realty
Secondary Agent
LORETTA MCINNIS
Secondary Broker
RE/MAX Four Seasons Realty Limited
Listing details
Days on REW
5 Days
MLS® Number
S13226690
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Collingwood Campus School
  • Public
  • 9 - 12
Little House Montessori School
  • Private
  • Pre-K - 3
Connaught Public School
  • Public
  • JK - 8
Mountain View Public School
  • Public
  • JK - 8
Jean Vanier Catholic High School
  • Catholic
  • 9 - 12
Cameron Street Public School
  • Public
  • JK - 8
Collingwood Collegiate Institute
  • Public
  • 9 - 12
Admiral Collingwood Elementary School
  • Public
  • JK - 8
ÉÉC Notre-Dame-de-la-Huronie
  • Catholic
  • JK - 6
St Marys School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker of Record
DOUG GILLIS
Phone:
(705) 444-3853
Cell:
705-444-3853
Office:
705-444-3853
Salesperson
LORETTA MCINNIS
Phone:
(705) 446-3234
Cell:
705-443-1659
Office:
705-445-8500
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.