162-180 FIRST STREET, Collingwood

$1,799,000

For sale: Other

Other at 162-180 FIRST STREET, Collingwood
Property type
Commercial Retail
MLS®
MLS® S13503104
Neighbourhood
Collingwood

Power of Sale Prime Redevelopment Opportunity in the Heart of Collingwood. An exceptional chance to secure five adjoining properties 162, 170, 172 & 180 First Street offering nearly 160 ft. of high-visibility frontage on bustling First Street, with traffic counts of approximately 25,000 vehicles per day. This rare, high-traffic corner location provides outstanding exposure and long-term redevelopment potential under C-4 mixed- use zoning. C-4 mixed-use commercial zoning allows a wide variety of redevelopment possibilities. 162 First Street Approx. 1,000 sq. ft. of ground-floor commercial space with one bathroom and a Commercial tenant in place. 170 First Street Duplex with: 2-bedroom, 1-bath unit 3-bedroom, 1-bath unit and has 2 tenants. 172 First Street Detached home with 2 bedrooms and 1 bathroom and is vacant. 180 First Street Five plex featuring: Two 1-bed/1-bath units One 2-bed/1-bath unit Two bachelor units (each with 1 bath) Three units are tenanted and two units are vacant. There is immediate rental income as you plan your redevelopment vision. (SEVERANCE REQUIRED FOR INDIVIDUAL SALES). This is a rare offering of prime commercial land and income properties in sought-after Collingwood, ideal for investors, developers, or businesses seeking a flagship location. For additional phots go to FOR 162 https://otido.com/162first/ FOR 170 https://otido.com/170first/ FOR 172 https://otido.com/172first/ FOR 180 https://otido.com/180first/

Sold data

Homes in Collingwood — recent sold market

Homes in Collingwood took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 61, across 149 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.

The median sale price was $650,000.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 3% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$650,000
Sale-to-list ratio
96.5%
Sold above asking
3%

Based on 149 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Collingwood

Collingwood has 9 Fraser Institute–rated schools (7 elementary and 2 secondary), averaging 5.8/10.

Rated schools
9
Elementary
7
Secondary
2
Average rating
5.8 / 10

Top-rated schools in Collingwood

  • Mountain View — elementaryFraser rating 7.5/10
  • Admiral Collingwood — elementaryFraser rating 6.8/10
  • Collingwood — secondaryFraser rating 6.5/10
  • Jean Vanier — secondaryFraser rating 6.5/10
  • St Mary's — elementaryFraser rating 6.0/10
  • Connaught — elementaryFraser rating 5.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 162-180 FIRST STREET