Collingwood ON, L9Y 3B2
Property Information:
363 & 361 Cedar is an exceptional opportunity, right in the heart of Collingwood. This beautifully renovated duplex lives more like two semi-detached homes, offering flexibility for investors, multi-generational living, or those looking to offset their mortgage with rental income. Set on a generous 70 x 165 ft lot, each 2 bedroom, 2 bathroom unit enjoys its own private, fully fenced yard, creating two distinct and functional living spaces. The units are both bright and open on the main floor and walk out to their respective private backyard each with a Napoleon barbecue, outdoor patio sets, and large fenced in yards. Fantastic Collingwood location with a 15 minute walk to downtown, with vibrant shops, restaurants, galleries, farmers market, and year round events. 15 minute walk to the waterfront, and 5 minutes to one of Collingwood's top elementary schools, along with aquatic centre, baseball diamonds, skate park, and dog park. A short drive connects you to Blue Mountain Village, private ski clubs, golf courses. Some of the region's best mountain, road, and gravel cycling is right outside your door. The property also presents future upside. With the potential for severance (subject to town approvals and servicing requirements), there is an opportunity here for those looking to add value over time. Whether you're seeking strong income potential or a versatile property in a prime lifestyle location, this is a rare offering in today's market. 361 Cedar (Left Side) is currently tenanted with a reliable long-term tenant paying $2,400/month + hydro & gas, providing immediate, stable income. 363 Cedar (Right Side) is vacant and ready for occupancy, previously rented for $2,600/month + hydro & gas, offering strong income potential or the option to move in and enjoy. (id:7525)
Building Features:
- Style: Duplex
- Building Type: Duplex
- Amenities: Separate Hydro Meters
- Basement Type: Crawl space
- Exterior Finish: Vinyl siding, Wood
- Floor Space: 2000 - 2500 sqft
- Flooring Type: Vinyl, Tile
- Foundation Type: Stone
- Heating Type: Forced air
- Heating Fuel: Natural gas
- Cooling Type: Central air conditioning
- Appliances: Water meter, Dishwasher, Dryer, Two stoves
Property Features:
- Property Type: Multi-family
- Bedrooms: 4
- Bathrooms: 4
- Half Bathrooms: 1
- Amenities Nearby: Hospital, Marina, Schools, Golf Nearby
- Community Features: Community Centre
- Features: Flat site
- Fence Type: Fenced yard
- Floor Space (approx): 2000 - 2500 Square Feet
- Irregular: Yes
- Lot Depth: 165 Feet
- Lot Frontage: 70 Feet
- Lot Size: 70 x 165 FT
- Structure Type: Deck, Shed
- Zoning: R2
- Sewer: Sanitary sewer
- Parking Type: No Garage
- No. of Parking Spaces: 4
Rooms:
- Bedroom 2nd Level 4.40 m x 3.08 m 14.44 ft x 10.10 ft
- Bathroom 2nd Level 3.07 m x 2.89 m 10.07 ft x 9.48 ft
- Bedroom 2nd Level 4.72 m x 2.76 m 15.49 ft x 9.06 ft
- Bathroom 2nd Level 2.26 m x 1.47 m 7.41 ft x 4.82 ft
- Bedroom 2nd Level 4.29 m x 3.20 m 14.07 ft x 10.50 ft
- Bathroom 2nd Level 1.85 m x 1.78 m 6.07 ft x 5.84 ft
- Bedroom 2nd Level 4.09 m x 3.53 m 13.42 ft x 11.58 ft
- Kitchen Main Level 4.70 m x 3.48 m 15.42 ft x 11.42 ft
- Laundry Main Level 1.80 m x 0.93 m 5.91 ft x 3.05 ft
- Living Main Level 6.12 m x 3.23 m 20.08 ft x 10.60 ft
- Laundry Main Level 1.80 m x 0.93 m 5.91 ft x 3.05 ft
- Living Main Level 6.16 m x 5.43 m 20.21 ft x 17.81 ft
- Kitchen Main Level 4.71 m x 2.74 m 15.45 ft x 8.99 ft
- Bathroom Main Level 1.48 m x 1.21 m 4.86 ft x 3.97 ft
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⚠ Potential Investment Performance
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Market Price Trends
Location of 363 & 361 CEDAR STREET, Collingwood, Ontario, L9Y 3B2
Demographic Information of 363 & 361 CEDAR STREET, Collingwood, Ontario, L9Y 3B2
Life Stage
Midlife FamiliesEmployment Type
Blue Collar/Primary, Blue Collar/Service SectorAverage Household Income
$95,210.49Average Number of Children
1.64Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
20.75 %High school certificate or equivalent
35.01 %Apprenticeship trade certificate/diploma
8.88 %College/non-university certificate
23.2 %University certificate (below bachelor)
0.74 %University Degree
11.41 %Commuter
Travel To Work
By Car
89.22 %By Public Transit
0.39 %By Walking
2.06 %By Bicycle
0.41 %By Other Methods
7.92 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
24.88 %Houses
75.12 %