510 First Street
Collingwood / Collingwood, ON L9Y 1B8
About This Property
Prime Commercial Property in Collingwood - Exceptional Investment Opportunity. Highly visible property located on First Street, receiving approximately 25,000 vehicles daily, with increased traffic during summer and winter weekends. The location offers excellent visibility and accessibility, complemented by ample parking with 16 designated spots. Zoned C4, the property boasts approximately 2,560 square feet of main-level commercial space, currently occupied under a five-year lease with an option to extend for an additional five years. The second level features a spacious three-bedroom, one and a half-bathroom open-concept apartment, currently tenanted, offering a blend of residential and commercial investment potential.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® S13144210
Listed by Royal LePage Locations North
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,761
/month · $1,599,200 mortgage
Amortization
Total Interest
$1,329,214
Total Cost
$2,928,414
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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Royal LePage Locations North