Salehian.com 647-325-5000

256 Ontario Street

Collingwood, Collingwood, L9Y 1M9

$799,000

Reduced $48,000 from $847,000

Photo 1 of 50Photo 2 of 50Photo 3 of 50Photo 4 of 50Photo 5 of 50Photo 6 of 50Photo 7 of 50Photo 8 of 50Photo 9 of 50Photo 10 of 50Photo 11 of 50Photo 12 of 50Photo 13 of 50Photo 14 of 50Photo 15 of 50Photo 16 of 50Photo 17 of 50Photo 18 of 50Photo 19 of 50Photo 20 of 50Photo 21 of 50Photo 22 of 50Photo 23 of 50Photo 24 of 50Photo 25 of 50Photo 26 of 50Photo 27 of 50Photo 28 of 50Photo 29 of 50Photo 30 of 50Photo 31 of 50Photo 32 of 50Photo 33 of 50Photo 34 of 50Photo 35 of 50Photo 36 of 50Photo 37 of 50Photo 38 of 50Photo 39 of 50Photo 40 of 50Photo 41 of 50Photo 42 of 50Photo 43 of 50Photo 44 of 50Photo 45 of 50Photo 46 of 50Photo 47 of 50Photo 48 of 50Photo 49 of 50Photo 50 of 50
  • 3 bedrooms
  • 3 bathrooms
  • 6 parking
  • 2000-2500 sq ft

Listed 40 days ago · 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!

Details

Type
Detached
Style
2-Storey
Size
2000-2500 sq ft
Lot
58.01 × 120 ft
Basement
Crawl Space, None
Garage
Detached
Kitchens
1
Property tax
$5,648 (2025)
Neighbourhood
Collingwood
Municipality
Collingwood
Price per sq ft
$355 (34% below detached houses in Collingwood, $537)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 2-piece (main), 1 × 3-piece (second), 1 × 4-piece (second)
Rooms
10 above ground
Family room or den
No
Fireplace
No
Features
Storage, Water Heater, Accessory Apartment, In-Law Capability

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Stone
Faces
South
Outdoor
Recreational Area, Year Round Living, Privacy, Fence - Full

Parking

Garage spaces
1
Total parking
6
Driveway and parking
Private Double

Lot

Size
58.01 × 120 ft

More

Possession
Flexible
Nearby
Fenced Yard, Golf, Hospital, Public Transit, School, Skiing
Cross street
Ontario St / Napier St

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 3 grocery stores, 22 cafés and restaurants, 5 parks, 2 pharmacies. Nearest grocery: Farm Boy (500 m). Nearest park: Friendship Gardens (200 m).

Schools nearby

Elementary

  • Connaught Public School
    EQAO: Gr 6 reading 53%, math 21%    5 min walk
  • Cameron Street Public School
    EQAO: Gr 6 reading 77%, math 29%    1.6 km
  • Admiral Collingwood Elementary School
    EQAO: Gr 6 reading 89%, math 48%    1.8 km
  • Mountain View Public School
    EQAO: Gr 6 reading 91%, math 66%    1.8 km

Secondary

  • Our Lady of the Bay Catholic High School Catholic
    EQAO: Gr 9 math 52%, literacy test 90%    1.4 km
  • Collingwood Collegiate Institute
    EQAO: Gr 9 math 49%, literacy test 84%    1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L9Y

Owners / renters
75% / 25%
Median household income
$85,000
Average age
48
Children under 15
13%
Homes
60% detached, 3% high-rise
Commute by transit
1%
Population
28,925

Languages spoken most at home besides English: Polish 0.2%, Punjabi (Panjabi) 0.2%, Tagalog (Pilipino, Filipino) 0.1%, Kurdish 0.1%.

Safety

Crime Severity Index for Collingwood (OPP): 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Locations North.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Collingwood