Salehian.com 647-325-5000

72 Third Street

Collingwood, Collingwood, L9Y 1K5

$2,650,000

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  • 7 bedrooms
  • 7 bathrooms
  • 9 parking
  • 3500-5000 sq ft

Listed 21 days ago · MLS® S13834742

About this home

A rare investment opportunity in the heart of downtown Collingwood. This beautifully updated property offers six extensively renovated residential rental units, thoughtfully updated with quality finishes, modern conveniences and attention to detail throughout. Large windows bring an abundance of natural light into each residence, complementing the updated flooring and carefully considered interiors. Generous ceiling heights of approximately 10 feet on the main floor and 9 feet on the second floor create an open, airy feel rarely found in comparable rental properties. The exterior has received equally thoughtful attention, with improvements including the roof, decks, wrought iron fencing and gate, soffits, eaves and downspouts. Professionally landscaped grounds, complete with an irrigation system, further enhance the property's curb appeal while supporting ease of maintenance. With significant capital improvements already completed, this is an attractive opportunity for investors seeking a quality residential income property with manageable operating requirements. Detailed financial information is available upon request. Ideally situated just steps from Collingwood's vibrant downtown, residents enjoy convenient access to restaurants, cafés, boutiques, shopping and everyday amenities, with Blue Mountain, private ski clubs, Georgian Bay and the region's four-season recreational offerings all within easy reach. An opportunity to acquire a well-established residential investment in one of Southern Georgian Bay's most desirable communities.

Details

Type
Multiplex
Style
3-Storey
Age
51-99 years
Size
3500-5000 sq ft
Lot
75 × 132 ft
Basement
Finished
Garage
None
Kitchens
6
Property tax
$9,406 (2025)
Neighbourhood
Collingwood
Municipality
Collingwood

Interior

Bedrooms
7 above ground
Bathrooms
2 × 3-piece (ground), 2 × 3-piece (second), 1 × 3-piece (third), 2 × 3-piece (lower)
Rooms
24 above ground
Family room or den
No
Fireplace
Natural Gas
Features
Separate Hydro Meter, Upgraded Insulation, Water Meter

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick, Board & Batten
Roof
Slate
Age
51-99 years
Faces
North

Parking

Total parking
9
Driveway and parking
Private

Lot

Size
75 × 132 ft

More

Possession
Flexible
Nearby
Golf, Hospital, Lake/Pond, Public Transit, Skiing, School
Cross street
Third Street & Pine Street

History of this address

3 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: 4 grocery stores, 29 cafés and restaurants, 2 parks, 3 pharmacies. Nearest grocery: Gordon's Market & Café (400 m). Nearest park: Friendship Gardens (650 m).

Schools nearby

Elementary

  • Connaught Public School
    EQAO: Gr 6 reading 53%, math 21%    15 min walk
  • Mountain View Public School
    EQAO: Gr 6 reading 91%, math 66%    16 min walk
  • Cameron Street Public School
    EQAO: Gr 6 reading 77%, math 29%    18 min walk
  • École élémentaire catholique Notre-Dame-de-la-Huronie French
    EQAO: Gr 6 reading 100%, math 62%    1.7 km

Secondary

  • Collingwood Collegiate Institute
    EQAO: Gr 9 math 49%, literacy test 84%    1.3 km
  • Our Lady of the Bay Catholic High School Catholic
    EQAO: Gr 9 math 52%, literacy test 90%    1.4 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 Forest Hill Real Estate Inc..

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

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