$725,000Asking Price
242 Simcoe Street, Collingwood, ON L9Y 1J3
Collingwood, 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!
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!
See MoreKey Info
- 2-Storey Duplex
- 4 Parking
- No Garage
- Simcoe/Napier
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- No A/C
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $2,910 in 2025
- Possession: Flexible
Details
- Vinyl Siding Exterior
- No Fireplace
- 2 Kitchens
- MLS #S12700380
- Royal LePage Locations North
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Upper | 14.90' x 9.91' | |
| 2 | Bathroom | Upper | 6.63' x 11.71' | 4-PieceBath |
| 3 | Laundry | Upper | 4.10' x 5.02' | |
| 4 | Kitchen | Ground | 12.37' x 13.45' | Combined with Dining |
| 5 | Bathroom | Ground | 8.20' x 8.60' | |
| 6 | Laundry | Ground | 8.92' x 3.15' | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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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% |
