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! (id:4069)
Address
242 SIMCOE STREET
List Price
$725,000
Property Type
Multi-family
Type of Dwelling
Duplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Collingwood
Bedrooms
3
Bathrooms
2
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
40 x 58 FT ; + 58' x 11' Sq. Ft.
MLS® Number
S12700380
Listing Brokerage
Royal LePage Locations North
Basement Area
Crawl space
Postal Code
L9Y1J3
Zoning
R2
Site Influences
Ski area, Golf Nearby, Beach
Features
Irregular lot size
Amenities
Separate Electricity Meters
