72 Third Street, Collingwood

$2,650,000
72 Third Street

$2,650,000

New
25d
Multiplex3-Storey

72 Third Street, Collingwood

Total Monthly Obligation $11,848

Beds
7
Baths
7
Park
9
Sqft
3500-5000
DOM
25d
Property Type-Multiplex
MLS® Number-S13834742
Beds-7
Bathrooms-7
Size-3500-5000 sqft
Lot Size-75 × 132 ft
Listed on site-Sep 28, 2026
Style-3-Storey
Building Type-Multiplex
Age-51-99
Taxes-$9,406 (2025)
Parking-9 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Forest Hill Real Estate Inc.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Board & Batten
Roof-Slate
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Collingwood
Title-Residential Freehold

No agent assigned

A rare investment opportunity in the heart of downtown Collingwood. This beautifully updated property offers six extensively renovated residential rental units, thoughtfully updated with quality finishes, modern conveniences and attention to detail throughout. Large windows bring an abundance of natural light into each residence, complementing the updated flooring and carefully considered interiors. Generous ceiling heights of approximately 10 feet on the main floor and 9 feet on the second floor create an open, airy feel rarely found in comparable rental properties. The exterior has received equally thoughtful attention, with improvements including the roof, decks, wrought iron fencing and gate, soffits, eaves and downspouts. Professionally landscaped grounds, complete with an irrigation system, further enhance the property's curb appeal while supporting ease of maintenance. With significant capital improvements already completed, this is an attractive opportunity for investors seeking a quality residential income property with manageable operating requirements. Detailed financial information is available upon request. Ideally situated just steps from Collingwood's vibrant downtown, residents enjoy convenient access to restaurants, cafés, boutiques, shopping and everyday amenities, with Blue Mountain, private ski clubs, Georgian Bay and the region's four-season recreational offerings all within easy reach. An opportunity to acquire a well-established residential investment in one of Southern Georgian Bay's most desirable communities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$2,120,000
Land Transfer Taxes$52,725
Legal Fees (Est.)
$
Total cash required for closing$584,225

Total Monthly Obligation

$11,848/mo
Mortgage $10,689
Monthly Loss $9,035
Principal$2,813
Interest$7,876
Property Tax$784
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 72 Third Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.