188 Peel Street Collingwood, Ontario L9Y 3V8
$845,500
Great investment opportunity in downtown Collingwood with LEGAL secondary suite. The tenant from the back unit is moving out by the end of June and the front unit tenant is on month to month term. This home went trough many renovations over the years . The Main House unit consists of 3 Bedrooms , 2 bathrooms . Primary Bedroom has an Ensuite and the back unit consists of one Bedroom and 1 Bathroom with a walk out to the backyard. This is a very rare set up as the units are adjacent and have their own Entrances, Parking , Hydro / Gas Meters, Hot water tanks, Furnaces. This home sits on a large lot. There is also a 'pony' water meter to split usage between units. Upgrades over the years include: windows replaced 2006, central air installed 2010 (front unit only), new addition to back portion (2016), additional insulation (2016), main support beam in first floor jacked up and reinforced (2016), new siding, soffit, fascia (2016), new flooring (2016), new kitchen cabinets (2016), secondary electrical service, meter and new panels (2016), New roof (2022). Potential income for main unit $2500 , back unit $1600( plus al utilities) (id:51210)
Property Details
MLS® Number | 40422416 |
Property Type | Multi-family |
Equipment Type | Water Heater |
Features | Corner Site, In-law Suite |
Parking Space Total | 5 |
Rental Equipment Type | Water Heater |
Building
Appliances | Water Meter |
Basement Development | Unfinished |
Basement Type | Crawl Space (unfinished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick, Vinyl Siding |
Fire Protection | None |
Foundation Type | Stone |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Size Interior | 2145 |
Type | Duplex |
Utility Water | Municipal Water |
Land
Access Type | Road Access |
Acreage | No |
Sewer | Municipal Sewage System |
Size Depth | 119 Ft |
Size Frontage | 60 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R2 |
https://www.realtor.ca/real-estate/25601931/188-peel-street-collingwood
Interested?
Contact us for more information

Vanya Gluhic
Broker
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/georgianbaydreamteam
https://www.instagram.com/georgianbaydreamteam/
520a Cedar Point Road
Tiny, Ontario L9M 0H1
(705) 533-0303
(905) 357-1705
www.revelrealty.ca

Danielle Dorion
Broker
(905) 357-1705
www.georgianbaydreamteam.com/
www.facebook.com/pages/GeorgianBayDreamTeam/164358503581691
twitter.com/GBDreamTeam
520 Cedar Point Rd
Tiny, Ontario L9M 0H1
(705) 533-0303
(905) 357-1705
www.revelrealty.ca/