$3,499,000

For sale

43 Elgin Street, Collingwood - Retail for Sale

43 Elgin Street, Collingwood, Ontario, L9Y3L6

7,542 ft²97 × 140 ft (13,580 sq ft) lot sizeListed 34 days ago

Overview

This retail property in Collingwood is for sale offering roughly 7,542 sq ft of space. It has been on the market 34 days, fresher than the Collingwood average of 73 days.

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Description

Historic Downtown Collingwood Commercial Building. An exceptional opportunity to own a piece of Collingwood history in the heart of the downtown core. This prime commercial property offers over 4,800 sq. ft. of space on the main and upper levels, plus an additional 2,600 sq. ft. below grade leasable area, all set on a rare double town lot with ample parking (23 spots) and room for growth and C1 Downtown Core Commercial zoning. Just one block off the main street, the building enjoys excellent visibility and accessibility while being steps from shops, dining, and year-round pedestrian traffic. Inside, timeless character shines through with original stained-glass windows, pocket doors, wood trim, and a grand staircase. A unique blend of historic charm and commercial versatility, this property offers endless potential for retail, office, hospitality, or mixed-use development in one of Collingwood's most desirable locations. All tenants are on a month to month basis. Floor Plan, Survey and Schedule B in documents. Listing agent is the seller. (id:66096)

Property Details

MLS®: S13849686
Property Type: Retail
Zoning: C1 Heritage
Interior Size: 7,542 ft²
Lot Size: 97 × 140 ft (13,580 sq ft)
Frontage: 97 ft
Heating: Hot water radiator heat, Natural gas
Cooling: Fully air conditioned
Property Tax: $12,646.99/yr
Listed: 34 days ago

Features

Appliances: All

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Collingwood listings, avg age

73d

Price / ft²

$464

List price

$3.50M

Haho

This retail in Collingwood has been listed for 34 days, which is 39 days fresher than the city average of 73. Act while there is still low competition.

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Listed by Royal LePage Locations North · KEVIN GOUGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $3,499,000, about 41.2× the local median household income of $85,000.

Carrying it typically needs a household income of about $683,477 (20% down, 25-yr amortization, stress-tested) — roughly 704% above the area median.

Median household income: $85,000
Population: 28,925
Median age: 52
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L9Y)

$3,499,000· $464/ft²

For sale

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