57 Elgin Street

ActiveCollingwood · Collingwood65 days on marketMLS® S13226720

$1,499,000

$428 / sq ft

Bedrooms10

Bathrooms4

Interior3,500 sq ft

TypeMulti-Family

ListingFor Sale

Days on Market65

About this property

Excellent investment opportunity in the heart of Collingwood. This solid brick four-unit residential income property, located within a C1 Commercial Zone, offers strong rental appeal and long-term potential. The building is over 100 years old and situated within a designated Heritage area, adding character and historical charm while benefiting from recent capital improvements. The property comprises four spacious units, including two 2-bedroom units and two 3-bedroom units. Each unit is separately heated with its own furnace, providing efficiency and ease of management. The roof was replaced in 2025, and the plumbing has been updated, reducing near-term capital concerns. All units are rented on a net, net basis, with tenants responsible for hydro, gas, water, and sewage, except for common area utilities. The building is fully tenanted, offering stable income with strong rental demand in a desirable central location. Located in a high-demand rental area, the property may be of interest to investors seeking an established rental building with longer-term potential, subject to market conditions and tenancy. Each tenant is entitled to one parking space included in the rent, with additional parking available at $100/month per space, offering supplemental income potential. Centrally located and within walking distance to downtown amenities, shops, restaurants, and transit. While zoned C1 Commercial, the property is currently operated and tenanted as a residential rental building. Buyers are encouraged to review zoning provisions and heritage guidelines to confirm permitted future uses. A well-maintained, income-producing property in a prime Collingwood location-ideal for investors seeking stability with upside. Buyer to satisfy themselves with respect to zoning, permitted uses, and compliance with municipal requirements

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	S13226720
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	3,500 sq ft
Beds / Baths	10 bed · 4 bath
Neighbourhood	Collingwood
City	Collingwood
Postal Code	L9Y 3L6
Province	ON
Listed Date	June 2, 2026
Days on Market	65
Price per Sq Ft	$428
Brokerage	RE/MAX Four Seasons Doug Gillis & Associates Realty