38 Sproule Avenue

Welcome to 38 Sproule Avenue, Collingwood, a remarkable Multi-Family Home for sale in Collingwood that presents an exceptional investment opportunity. This property is a fully legal, turn-key duplex, ideally situated in one of Collingwood's most desirable and family-friendly neighbourhoods. With both units currently tenanted, you can start generating rental income from day one, making this an attractive prospect for investors looking to expand their portfolio.

This Multi-Family Home for sale in Collingwood boasts two bright and spacious units, each designed with functionality and comfort in mind. The layout of the property is perfectly suited to modern living, featuring a total of eight rooms, which includes three bedrooms and two dens. The two bathrooms ensure convenience for tenants, while the main kitchen and an additional kitchen provide ample space for culinary pursuits. The property also features a family room, perfect for relaxation and social gatherings.

The exterior of 38 Sproule Avenue, Collingwood, is a charming combination of brick and shingle, giving it a classic yet contemporary appeal. The bungalow style of the building adds to its allure, making it an inviting home for families and tenants alike. The property sits on a generous lot measuring 49 X 97 feet, providing ample outdoor space for various activities, although it does not include a pool. Additionally, the absence of a garage is compensated by a private driveway that accommodates up to three parking spaces, ensuring convenience for residents and visitors.

As you explore this Multi-Family Home for sale in Collingwood, you will appreciate the thoughtful design and features that enhance its appeal. The property is equipped with forced air heating, ensuring a warm and comfortable environment during the colder months. Although there is no central vacuum system or air conditioning, the property's layout and ventilation contribute to a pleasant living experience. Furthermore, the presence of a fireplace adds a touch of warmth and charm, making the living spaces even more inviting.

The location of 38 Sproule Avenue, Collingwood, is another significant advantage. Situated just steps away from elementary and secondary schools, daycares, scenic trails, public transit, and local parks, this property offers a blend of convenience and community. Residents can enjoy the outdoors with easy access to walking and biking trails, while families will appreciate the proximity to educational facilities. Moreover, the bustling downtown area of Collingwood, along with the stunning Blue Mountain, shopping, dining, and the beautiful beaches of Georgian Bay, are all just minutes away.

This Multi-Family Home for sale in Collingwood is not just a property; it is a gateway to a lifestyle that combines comfort, stability, and exceptional long-term potential. Whether you are an experienced investor or a first-time buyer seeking a stress-free income property, 38 Sproule Avenue, Collingwood, offers the perfect solution. The stable tenancy and strong market rents in this high-demand area ensure that your investment is secure and poised for growth.

Please note that viewings of this property require a minimum of 24 hours' notice, allowing you to appreciate the unique features and benefits that 38 Sproule Avenue, Collingwood, has to offer. Don't miss out on the opportunity to own this exceptional Multi-Family Home for sale in Collingwood, where comfort meets investment potential in one of Southern Georgian Bay's fastest-growing markets. This is a chance to secure a property that not only meets your investment goals but also provides a welcoming environment for tenants and families alike.

Collingwood, nestled within the vibrant city of Collingwood, is a charming and diverse neighbourhood that seamlessly blends urban convenience with a touch of natural beauty. Characterised by its tree-lined streets and a mix of historic and contemporary architecture, the area boasts a rich cultural tapestry, with local shops, cafes, and parks that foster a welcoming atmosphere. Residents enjoy easy access to public transport and a variety of amenities, making it an ideal location for those seeking a lively yet relaxed lifestyle. The community's commitment to sustainability and inclusivity further enhances its appeal, making Collingwood a delightful place 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 school is Our Lady of the Bay Catholic High School, just 0.1 km away, offering a Catholic education for grades 9 to 12. For younger children, Admiral Collingwood Elementary School, located 0.6 km away, provides a strong foundation for grades JK to 8, with an impressive school rating of 4.8. Additionally, Cameron Street Public School, situated 1.1 km from the property, offers French language instruction for grades 1 to 4 and has a solid rating of 5.8. For secondary education, Collingwood Collegiate Institute is only 0.9 km away, catering to grades 9 to 12 and boasting a school rating of 6.5. Notably, Admiral Collingwood Elementary also offers French language instruction for grades 5 to 8, ensuring diverse educational opportunities. With a mix of public and Catholic schools nearby, this location is well-suited for families seeking quality education in both English and French. Overall, the proximity and variety of schools enhance the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 428 residents as of 2021. The average household consists of 2.7 individuals, with a median age of 41.2 years. The economic landscape is robust, characterized by an average household income of $125,000, and a relatively low percentage of low-income households at 7.2%. The average property price in the area is approximately $730,000, reflecting the community's affluence. A significant portion of the population, 35.82%, is single, while 52% of households include children, indicating a family-friendly environment. The area is also home to a diverse population, with 8.79% being immigrants. Rental properties are relatively scarce, with only 15.15% of residents renting their homes, and there are no condominiums available. Education levels are high, with 62.5% of residents holding a college or university degree. However, a notable 30.56% of the population is not in the labor force, suggesting a mix of retirees and other non-working individuals. Overall, this community offers a blend of stability, education, and family-oriented living.