$725,000
5.97 BTC
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242 Simcoe Street, Collingwood
$725,000
PRICE
3
BEDROOMS
2
BATHROOMS
S12700380
MLSID

242 Simcoe Street, Collingwood

Welcome to 242 Simcoe St: once a century home, the property is now two beautifully updated apartments (A & B) situated in a quiet neighbourhood. Perfect for either a buyer who wants to live in one apartment and rent the other out to generate income OR an investor who would like rental income from both apartments. Both apartments have retained their historic charm and have separate entrances. Unit A is an upper-level apartment with lots of natural wood details, with a large open-plan kitchen (renovated in 2022) and sitting room, one bedroom and one bathroom (renovated in 2023), plus in-suite laundry. Unit B is a ground-floor apartment with 2 bedrooms (one currently used as a sitting room), a kitchen/dining room, 1 bathroom, in-suite laundry, and a back door that provides access to the backyard. Both units enjoy access to a garden shed and fenced side and backyard areas, with the option to further separate the yard into two distinct spaces if desired. A shared drive provides parking for up to four vehicles. Recent updates include shingles, soffit, fascia, eaves, downspouts, all windows/doors, and appliances in both units in 2022 and furnace in 2024. In apartment A, carpets/flooring 2022. New shed, fencing and landscaping in 2023. This is a great location in easy walking distance of downtown Collingwood and Georgian Bay!
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Sold History

SOLD
2 February 2022
$620,000

Summary

Address
242 Simcoe Street
Community
MLSID
S12700380
Property Type
Duplex
Property Category
Bedrooms
3
Bathrooms
2
Kitchens
2
Zoning
R2
Taxes (Annual)
$2,910.00
Tax Year
2025
Published
January 15, 2026
Days on Market
10 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Upper unit: washer, dryer, stove, refrigerator, window a/c unit, hooks at front door. Lower Unit: washer, dryer, stove, refrigerator, buffet cabinet in the kitchen, hooks at the front door. Both units: light fixtures, blinds and rods. Curtain on laundry area in apartment A.

Exclusions

Drapes in both units. Upper unit: art and shelving attached to walls, bedroom side tables mounted to walls. Lower unit: 'woof' hook at front door.

Details

Property Features
Skiing, School Bus Route, Lake Access, Golf, Beach, Fenced Yard
Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Basement
Crawl Space
Interior Features
Separate Hydro Meter
Parking Spaces
4
Parking Total
4
Parking Features
Private
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
40 Feet
Lot Depth
58 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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