$799,000
↓ $48,000 from $847,000
Est. payment $3,538/moCalculate yours
256 Ontario Street, Collingwood, ON L9Y 1M9
Collingwood, Collingwood, ON L9Y 1M9
- 3 Beds
- 3 Baths
- 1 Garage
- 2,000 Sq Ft
Listing courtesy of Royal LePage Locations North MLS® S13758728
About this home
Commercial building and land for sale! Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you’re launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included. This sale includes building and land only, no business. Don’t miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 2,000 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Total Rooms
- 0
- Basement
- Crawl Space, None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air, Other
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Other
Lot & Parking
- Lot Size
- 58.01 x 120 Feet
- Parking
- Detached garage · 6 total
- Zoning
- C6
Financial
- Property Taxes
- $5,648 (2025)
Location
- Neighbourhood
- Collingwood
- Cross Street
- Ontario St / Napier St
- Direction Faces
- South
Listing
- MLS® Number
- S13758728
- Days on Market
- 39
- Listed On
- 2026-09-09
- Possession
- Flexible
- Listed By
- Royal LePage Locations North
Features
Interior
- Storage
- Water Heater
- Accessory Apartment
- In-Law Capability
Property
- Fenced Yard
- Golf
- Hospital
- Public Transit
- School
- Skiing
Pool
- None
- Included
- Apartment Fridge, Stove, Light Fixtures, Window Coverings, Washer/Dryer, Light Fixtures
- Rental items
- HWT and Furnace at $107 a mth
Mortgage calculator
Estimated mortgage payment
$3,538 per month
- Principal and interest
- $3,538
- Property tax
- $471
- Condo fees
- $0
- Estimated monthly cost
- $4,008
Your mortgage
- Mortgage amount
- $639,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $422,140
Cash to close
- Down payment
- $159,800
- Land transfer tax
- $12,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $172,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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