Gurvinder Nokwal REALTOR®
For Sale Multiplex 20 days on market

$2,650,000

Est. payment $11,734/moCalculate yours

72 Third Street, Collingwood, ON L9Y 1K5

Collingwood, Collingwood, ON L9Y 1K5

  • 7 Beds
  • 7 Baths
  • 3,500 Sq Ft
Map

Listing courtesy of Forest Hill Real Estate Inc. MLS® S13834742

About this home

A rare investment opportunity in the heart of downtown Collingwood. This beautifully updated property offers six extensively renovated residential rental units, thoughtfully updated with quality finishes, modern conveniences and attention to detail throughout. Large windows bring an abundance of natural light into each residence, complementing the updated flooring and carefully considered interiors. Generous ceiling heights of approximately 10 feet on the main floor and 9 feet on the second floor create an open, airy feel rarely found in comparable rental properties. The exterior has received equally thoughtful attention, with improvements including the roof, decks, wrought iron fencing and gate, soffits, eaves and downspouts. Professionally landscaped grounds, complete with an irrigation system, further enhance the property’s curb appeal while supporting ease of maintenance. With significant capital improvements already completed, this is an attractive opportunity for investors seeking a quality residential income property with manageable operating requirements. Detailed financial information is available upon request. Ideally situated just steps from Collingwood’s vibrant downtown, residents enjoy convenient access to restaurants, cafés, boutiques, shopping and everyday amenities, with Blue Mountain, private ski clubs, Georgian Bay and the region’s four-season recreational offerings all within easy reach. An opportunity to acquire a well-established residential investment in one of Southern Georgian Bay’s most desirable communities.

Property details

Overview

Property Type
Multiplex
Style
3-Storey
For
For Sale
Status
New
Approximate Age
51-99
Size
3,500 sqft

Interior

Bedrooms
7
Bathrooms
7
Kitchens
6
Basement
Finished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Wall Unit(s)
Exterior
Brick, Board & Batten
Foundation
Unknown
Roof
Slate
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
75 x 132 Feet
Parking
None garage · 9 total
Zoning
R6

Financial

Property Taxes
$9,406 (2025)

Location

Neighbourhood
Collingwood
Cross Street
Third Street & Pine Street
Direction Faces
North

Listing

MLS® Number
S13834742
Days on Market
20
Listed On
2026-09-28
Listed By
Forest Hill Real Estate Inc.

Features

Interior

  • Separate Hydro Meter
  • Upgraded Insulation
  • Water Meter

Property

  • Golf
  • Hospital
  • Lake/Pond
  • Public Transit
  • Skiing
  • School

Pool

  • None
Included
6xWasher, 6xDryer, 6xRange, 6xDishwasher, 6xFridge/Freezer, All light fixtures, All window coverings
Excluded
All tenant possessions

Mortgage calculator

Minimum for this price: $530,000 (20%)

Amortization, years

Estimated mortgage payment

$11,734 per month

Principal and interest
$11,734
Property tax
$784
Estimated monthly cost
$12,517

Your mortgage

Mortgage amount
$2,120,000
Mortgage insurance
Not needed
Interest over 25 years
$1,400,088

Cash to close

Down payment
$530,000
Land transfer tax
$52,725
Total, before legal fees
$582,725
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

72 Third Street, Collingwood, ON L9Y 1K5 Collingwood, Collingwood, ON L9Y 1K5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,650,000 72 Third Street, Collingwood, ON L9Y 1K5
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