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$948,000
Available - For Sale
Listing ID: S11996758
This beautiful legal duplex offers an excellent opportunity for both homeowners and investors, with the flexibility to live in one unit while renting out the other or using it as an income property. Located in a desirable area, its close to Collingwood's downtown core, the YMCA, Curling Club, and scenic trails. The main level unit of this duplex offers a functional living space, including a full kitchen, dining area, and living room. It features two bedrooms and a 3-piece bath. A mudroom leads to the deck and newly landscaped backyard - an inviting outdoor space perfect for relaxation. The basement adds an additional bedroom and 3-piece bath, along with a family room with fireplace, laundry area, and storage. The garage is currently used as a shed & storage space. On the upper level, the unit boasts a full kitchen, living and dining areas, and two bedrooms, as well as a 3-piece bathroom. There is private access to the basement to the laundry & storage. The custom-built shed is designed specifically for easy kayak & SUP storage. The upper-level unit is currently tenanted, providing steady rental income, while the main level has short-term income and expense details available. Each unit is equipped with its own separate laundry area, heating and cooling systems, and hot water tanks. Additionally, both units have their own gas and hydro meters, while the water is shared. The property has been meticulously maintained and upgraded, with improvements including a new roof, updated driveway, landscaping featuring Ontario native plants. The sale includes a variety of appliances, including two fridges, one stove, one cooktop, one built-in oven, two dishwashers, two washers, and two dryers. For outdoor living, there is a BBQ included, and the property offers ample parking with space for up to five vehicles. With these features and the prime location, this duplex offers great potential as either a primary residence with rental income or a long-term investment.
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    TDS: %
Percent Down:
Down Payment $71,850 $143,700 $215,550 $287,400
First Mortgage $1,365,150 $1,293,300 $1,221,450 $1,149,600
CMHC/GE $37,541.63 $25,866 $21,375.38 $0
Total Financing $1,402,691.63 $1,319,166 $1,242,825.38 $1,149,600
Monthly P&I $6,007.62 $5,649.89 $5,322.92 $4,923.65
Expenses $0 $0 $0 $0
Total Payment $6,007.62 $5,649.89 $5,322.92 $4,923.65
Income Required $225,285.73 $211,870.71 $199,609.68 $184,636.79

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Locations North

44 St Peter Stre , Collingwood, L9Y 3P8, Simcoe

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Duplex
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style: 1 1/2 Storey
Lot Size: x 81.77(Feet)
Approximate Age: 51-99
Tax: $3,600
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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