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$ 725,000
Est. payment /mo
New
242 Simcoe ST Collingwood, ON L9Y 1J3
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Collingwood
MLS Listing ID S12700380
Style 2-Storey
Bedrooms 3
Annual Tax Amount $2,910
Tax Year 2025
Property Sub-Type Duplex
Property Description
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!
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 58.0
Total Parking Spaces 4
Building
Unit Features Skiing,School Bus Route,Lake Access,Golf,Beach,Fenced Yard
Foundation Unknown
Others
ParcelsYN No
Virtual Tour https://vimeo.com/1154351847
Listed by Royal LePage Locations North