256 Ontario Street, Collingwood, Ontario

$999,000

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3

Beds

3

Baths

About 256 Ontario Street

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; stock is excluded. This sale includes building and land only, not the 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! (id:36535)

Features of 256 Ontario Street

Listing # S12173393
Price $999,000
Bedrooms 3
Bathrooms 3.00
Half Baths 1
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 256 Ontario Street
Subdivision Collingwood
City Collingwood
Province Ontario
Postal Code L9Y1M9

Amenities

Amenities Golf Nearby, Hospital, Public Transit, Schools, Ski area
Parking Spaces 6
Parking Detached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Crawl space

Exterior

Exterior Brick
Lot Description 58 x 120 FT
Foundation Stone

Listing Details

OfficeCourtesy Of CANDACE ARMSTRONG Of Royal LePage Locations North

Listing Map