Brendan Thomson

Chestnut Park Real Estate Limited, Brokerage

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501 SIXTH STREET
Collingwood L9Y1Z8

$2,849,000
Multi-family beds: 0 baths: 0.0 built: 1987

Main Photo: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
Photo 1: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
Photo 2: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
Photo 3: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
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Photo 10: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
Photo 11: 501 SIXTH STREET in Collingwood: Multi-family for sale : MLS®# 251311
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
251311
Year Built:
1987
Investment opportunity in the growing town of Collingwood. 501 Sixth St is a 12 unit apartment building that is fully occupied and very well maintained. Each unit is a 2 bedroom, open concept living space with full kitchen, dining area and 4pc bath. Tenants pay heat and hydro. Coin laundry is located on the second floor with 2 washing machines and 2 dryers. Of the 12 units, 8 of them have balconies. The large lot size is 119 feet X 156 feet which allows for lots of parking and outdoor storage space for bikes, picnic tables and space for families to hang out. Recent improvements to the building include upgraded insulation, doors and windows, units refreshed as tenants turnover, sump pump, backflow prevention, cameras and more. The list price is based on a 4% cap rate and more details are available upon request. (id:2493)
Property Type:
Multi-family
Size Interior:
7,220 sq. ft.
Transaction Type:
For sale
Zoning:
R4-1
Ownership Type:
Freehold
Amenities:
Public Transit, Schools
Features:
Laundry- Coin operated, Sump Pump
Rental Equipment:
Water Heater
Building Type:
Multi-Family
Utilities:
Cable - Available
Appliances Included:
Stove, Dryer, Alarm System, Refrigerator
Home Style:
Multi-Unit
Number of bedrooms:
0
Bedrooms Above Grade:
0
Number of bathrooms:
0.0
Half Bathrooms:
0
Age:
33 years
Cooling:
None
Equipment:
Water Heater
Exterior Finish:
Brick
Fireplace:
No
Fire Protection:
Fire alarm system, Smoke Detectors
Foundation:
Block, Poured Concrete
Heating:
Baseboard heaters
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Public Transit, Schools
Lot Frontage:
45'
Lot Depth:
165'
Acreage:
No
Lot Size:
under 1/2 acre
Total Parking Spaces:
12
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Listed by Royal LePage Locations North (Collingwood), Brokerage
Disclaimer: This listing data above is provided under copyright by The Canadian Real Estate Association (CREA). This listing data is deemed reliable but is not guaranteed accurate by myRealPage or The Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
Data was last updated April 5, 2020 at 02:15 AM (UTC)
BRENDAN THOMSON

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Brendan Thomson
Direct: 705-606-1270
Office: 705-445-5454
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