32 St Paul Street

Introducing a remarkable opportunity for investors, this stunning Multi-Family Home for sale in Collingwood is situated at 32 St Paul Street, Collingwood. Nestled in the heart of downtown Collingwood, this beautifully renovated multiplex boasts an impressive three self-contained units, each thoughtfully designed to provide both comfort and functionality. With its prime location and modern amenities, this property is an exceptional addition to any investment portfolio.

The building, a charming two-storey structure with a robust metal/steel siding exterior, offers a total of nine well-appointed rooms across its three units. Each unit features spacious living areas, good-sized kitchens, and five generously sized bedrooms in total, making it ideal for families or groups seeking a comfortable living environment. Additionally, there are three bathrooms, ensuring that residents have ample facilities to accommodate their needs. This Multi-Family Home for sale in Collingwood truly caters to modern living with its in-suite laundry facilities and individual heat pumps that provide efficient heating and cooling, ensuring a pleasant atmosphere year-round.

At 32 St Paul Street, Collingwood, you will find that each unit is unfurnished, allowing tenants the freedom to personalise their space. Although there is no central vacuum system or family room, the design of the units compensates with their spacious layouts and well-thought-out features. The property does not include a basement or garage space, but it does offer a private driveway with parking for two vehicles, ensuring convenience for residents and their guests.

Outside, the fully fenced backyard serves as a delightful private outdoor space, perfect for relaxation or entertaining. This feature is particularly appealing in a community like Collingwood, where outdoor activities are abundant. While there is no pool or fireplace, the serene outdoor environment and proximity to local attractions more than make up for it.

This Multi-Family Home for sale in Collingwood is not just a property; it is a gateway to a vibrant lifestyle. Located just a short stroll from the bustling downtown area, residents can enjoy a delightful mix of shops, restaurants, and cafés. The beautiful shores of Georgian Bay are merely minutes away, offering year-round recreational opportunities. This prime location enhances the rental appeal of the property, making it a lucrative investment for those looking to capitalise on the high demand in the area.

The property is serviced by municipal water and sewer, ensuring that all essential utilities are readily available. With a lot size of 50 x 81 feet, there is ample space for outdoor activities or future enhancements, should the new owner wish to expand. The lack of additional land may seem limiting, but the existing layout and design provide a perfect balance of space and functionality.

Investors looking for a turnkey addition to their portfolio will find this Multi-Family Home for sale in Collingwood an exceptional choice. The property has been meticulously maintained, offering peace of mind for any investor. Whether you wish to live in one unit and rent out the others or lease all three units, this is a rare opportunity in a high-demand market.

In conclusion, 32 St Paul Street, Collingwood, presents an unparalleled investment opportunity in one of Ontario's most sought-after four-season destinations. With its modern finishes, prime location, and potential for income generation, this Multi-Family Home for sale in Collingwood is not to be missed. Seize the chance to invest in the lifestyle and growth of Collingwood today!

Collingwood, nestled in the heart of the city of Collingwood, is a vibrant and diverse geographic area that offers a unique blend of urban convenience and natural beauty. Known for its charming streets lined with historic architecture, the community boasts an array of local shops, cafés, and cultural venues that reflect its rich heritage. Residents enjoy easy access to parks and green spaces, perfect for leisurely strolls or outdoor activities. The area is well-connected by public transport, making it easy to explore the wider city. With a strong sense of local pride and a welcoming atmosphere, Collingwood is an ideal place for those seeking a dynamic and engaging environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Connaught Public School, just 0.8 km away, offering elementary education (JK to 8) with a respectable school rating of 5.2. For older students, Collingwood Collegiate Institute is situated 1.7 km from the property, providing secondary education (grades 9 to 12) and boasting a higher rating of 6.5. Another nearby elementary school is Cameron Street Public School, located 1.5 km away, which teaches grades 1 to 4 in French and has a rating of 5.8. Admiral Collingwood Elementary School, also within a 2.1 km radius, offers French instruction for grades 5 to 8, although it has a lower rating of 4.8. Additionally, Our Lady of the Bay Catholic High School, 1.5 km from the property, caters to secondary students but currently has no rating available. Overall, the area is well-served by public and Catholic schools, providing a range of educational options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 619 residents, characterized by an average household size of 1.7 individuals. The demographic profile indicates a mature community, with an average age of 59.8 years. The average household income is relatively high at $108,400, although 13.2% of the population falls within the low-income bracket. The real estate market reflects this affluence, with an average property price of $970,000. A significant portion of the population, 39.17%, is single, and only 10% of households include children, suggesting a preference for smaller, more independent living arrangements. The community is also diverse, with 17.39% of residents being immigrants. Renters make up 40.91% of the population, and nearly half of the housing stock consists of condominiums (48.48%). Educational attainment is notable, with 60% of residents holding a college or university degree. However, it is worth mentioning that 60% of the population is not in the labor force, which may indicate a higher proportion of retirees or individuals engaged in non-traditional employment. Overall, this area presents a blend of affluence, education, and a mature demographic profile.