Collingwood - Collingwood
Collingwood - Collingwood
Sold For$285,000
Listed For $319,900
Sold Feb 2017
With Collingwood experiencing a near 0% vacancy rate in the rental market, this Cranberry condominium represents an exceptional opportunity for investors. Consisting of 2 separate units, a Studio apartment and a 1 BR apartment with locked-off shared laundry facilities, this property is currently generating $2100 in total rent and netting over $1300 monthly after expenses. Both units have recently been renovated and feature soaring 12 vaulted ceilings, new laminate flooring, new kitchens with new appliances and paint throughout. The one bedroom unit has large sliding doors leading to a private deck. There s even a large, separate locked storage unit.Each unit has a full bath with separate Jacuzzi tub and glass shower. The A+ tenants have been thoroughly vetted and long-term leases are
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* Values are estimates only and not a guarantee of lending or affordability.