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57 Elgin Street
Collingwood Collingwood L9Y 3L6

$1,600,000
Residential Freehold beds: 10 baths: 4.0

Main Photo: 57 Elgin Street: Collingwood House for sale : MLS®# S13226720
Photo 1: 57 Elgin Street: Collingwood House for sale : MLS®# S13226720
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Photo 27: 57 Elgin Street: Collingwood House for sale : MLS®# S13226720
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
S13226720
Bedrooms:
10
Bathrooms:
4
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
Property Type:
Residential Freehold
Property Sub Type:
Fourplex
Home Style:
2 1/2 Storey
Approx. Age:
100+
Total Approx Floor Area:
3500-5000
Lot Depth:
140'
Lot Frontage:
53'
Direction Faces:
East
Bedrooms:
10
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
10
Kitchens Above Grade:
4
Rooms Above Grade:
20
Zoning:
C1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete, Brick
Roof:
Asphalt Shingle
Basement:
Unfinished
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
2.0
Parking Spaces:
4
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$6,777 / 2025
Assessment:
$- / 2025
Simcoe
Collingwood
Collingwood
Fenced Yard, Library, Marina, Public Transit, Hospital, Skiing
Other
Carbon Monoxide Detectors, Smoke Detector
Refrigerator, Stove
Brick, Concrete
None
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Hydro:
Available
Utilities Water:
Available
Sewers:
Yes
Special Designation:
Heritage
Sewers:
Sewer
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
Yes
Physically Handicapped-Equipped:
No
Laundry Level:
Main Level
Date Listed:
Jun 02, 2026
Original Price:
Previous Price:
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Listed by RE/MAX Four Seasons Doug Gillis & Associates Realty and RE/MAX Four Seasons Realty Limited
Data was last updated June 2, 2026 at 02:15 PM (UTC)
Andrea Mendes - Collingwood Real Estate Agent
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.