$999,000
Available - For Sale
Listing ID: S12173396
256 Ontario Stre , Collingwood, L9Y 1M9, Simcoe


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!
Price $999,000
Taxes: $5648.28
Tax Type: Annual
Occupancy: Owner
Address: 256 Ontario Stre , Collingwood, L9Y 1M9, Simcoe
Postal Code: L9Y 1M9
Province/State: Simcoe
Legal Description: LT 89 S/S ONTARIO ST PL 282 COLLINGWOOD;
Directions/Cross Streets: Ontario St / Napier St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 2342.00
Total Area Code:  Square Feet
Office/Appartment Area: 939
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Recreation/Comm   Skiing
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Sprinklers: No
Washrooms: 0
Outside Storage: T
Rail: N
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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RAY NILI
Broker
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(416) 837 7576
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(905) 731 2000
Fax:
(905) 886 7557
 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Simcoe
Municipality: Collingwood
Neighbourhood: Collingwood
Style:
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $5,648.28
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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