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$ 995,000
Est. payment | /mo
4 Baths
2,280 SqFt
$ 995,000
Est. payment | /mo
4 Baths
2,280 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $436
Subdivision Collingwood
MLS Listing ID S13022376
Annual Tax Amount $5,832
Tax Year 2025
Property Sub-Type Investment
Property Description
363 & 361 Cedar is an exceptional opportunity, right in the heart of Collingwood. This beautifully renovated duplex lives more like two semi-detached homes, offering flexibility for investors, multi-generational living, or those looking to offset their mortgage with rental income. Set on a generous 70 x 165 ft lot, each 2 bedroom, 2 bathroom unit enjoys its own private, fully fenced yard, creating two distinct and functional living spaces. The units are both bright and open on the main floor and walk out to their respective private backyard each with a Napoleon barbecue, outdoor patio sets, and large fenced in yards. Fantastic Collingwood location with a 15 minute walk to downtown, with vibrant shops, restaurants, galleries, farmers market, and year round events. 15 minute walk to the waterfront, and 5 minutes to one of Collingwood's top elementary schools, along with aquatic centre, baseball diamonds, skate park, and dog park. A short drive connects you to Blue Mountain Village, private ski clubs, golf courses. Some of the region's best mountain, road, and gravel cycling is right outside your door. The property also presents future upside. With the potential for severance (subject to town approvals and servicing requirements), there is an opportunity here for those looking to add value over time. Whether you're seeking strong income potential or a versatile property in a prime lifestyle location, this is a rare offering in today's market. 361 Cedar (Left Side) is currently tenanted with a reliable long-term tenant paying $2,400/month + hydro & gas, providing immediate, stable income. 363 Cedar (Right Side) is vacant and ready for occupancy, previously rented for $2,600/month + hydro & gas, offering strong income potential or the option to move in and enjoy.
Location
Province ON
County Simcoe
Area Simcoe
Interior
Cooling Yes
Exterior
Community Features Recreation/Community Centre, Skiing
Utilities Available Yes
Lot Frontage 70.0
Lot Depth 165.0
Building
Building Age 100+
Others
ParcelsYN No
Virtual Tour https://listings.wylieford.com/videos/019db1ea-0344-719b-a6a5-9c6cdfcfc154
Listed by Royal LePage Locations North
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