$999,000Asking Price
256 Ontario Street, Collingwood, ON L9Y 1M9
Collingwood, Collingwood
Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you're launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included; stock is excluded. This sale includes building and land only, not the business. Don't miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today!
Incredible Opportunity in the Heart of Collingwood! Own a rare, detached commercial building with an updated residential apartment above, perfectly situated at the high-visibility corner of Ontario & Napier Streets in a mature downtown neighborhood. This well-maintained, mixed-use property has been a local landmark for over 50 years and now offers endless potential for investors, entrepreneurs, or live/work owners. The main level offers approx. 1,400 sq. ft. of commercial/retail space, complete with a 2-piece washroom, ample storage, and cooler space, ideal for a variety of business ventures. Whether you're launching a new enterprise or relocating to a more strategic location, this corner lot offers high traffic, great exposure, and a large partially fenced yard with generous parking. A detached garage adds even more flexibility and utility. Above the commercial space, enjoy a well-designed 3-bedroom residential apartment. The unit features an eat-in kitchen, bright living area, laundry and 2 full bathrooms, perfect for an owner-occupier, tenant rental, or short-term rental potential. Bonus: a full attic is ready for your vision, create a loft, office, or extra storage. Recent upgrades by the current owners add value throughout, and zoning supports both commercial and residential uses. Apartment chattels are included; stock is excluded. This sale includes building and land only, not the business. Don't miss this unique opportunity to invest in a character-filled property with built-in income potential and a location that can not be beat. Explore the possibilities and secure your piece of Collingwood history today!
See MoreKey Info
- 2-Storey Other
- 4+ Parking
- Detached Garage
- Ontario St / Napier St
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,648 in 2024
Details
- Brick Exterior
- No Fireplace
- 1 Kitchen
- MLS #S12173393
- Royal LePage Locations North
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Collingwood, Collingwood is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Singles
43%
of residents are
single and loving it.
43% singles
Collingwood (43%)Renters
26%
of residents
are renters.
26% renters
Collingwood (26%)Education
27%
of residents are
university grads.
27% university grads
Collingwood (27%)Income
Average Household Income
$99K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 18% |
| Government | 7% |
| Trades | 7% |
| Business | 7% |
| Management | 6% |
Immigrants
11%
of residents were
born outside of Canada.
11% immigrants
Collingwood (11%)Birthplace - All
3.8% from UK
All-time
Birthplace - Recent
0.6% from UK
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| German | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 68% |
| Buddhist | 1% |
