363-361 Cedar Street, Collingwood, ON

$995,000

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4

Baths

About 363-361 Cedar Street

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.

Features of 363-361 Cedar Street

MLS® # S13022376
Price $995,000
Bathrooms 4.00
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 363-361 Cedar Street
Area Simcoe
Subdivision Collingwood
City Collingwood
Province ON
Postal Code L9Y 3B2

Amenities

Parking Spaces 4
Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeRoyal LePage Locations North

Listing Map