$995,000
363-361 CEDAR STREET
Beds
—
Baths
4
Sqft
2,280
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Collingwood. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
363 & 361 Cedar is an exceptional opportunity, right in the heart of Collingwood. This beautifully renovated duplex lives more like two semi-detached homes, offering flexibility for investors, multi-generational living, or those looking to offset their mortgage with rental income. Set on a generous 70 x 165 ft lot, each 2 bedroom, 2 bathroom unit enjoys its own private, fully fenced yard, creating two distinct and functional living spaces. The units are both bright and open on the main floor and walk out to their respective private backyard each with a Napoleon barbecue, outdoor patio sets, and large fenced in yards. Fantastic Collingwood location with a 15 minute walk to downtown, with vibrant shops, restaurants, galleries, farmers market, and year round events. 15 minute walk to the waterfront, and 5 minutes to one of Collingwood's top elementary schools, along with aquatic centre, baseball diamonds, skate park, and dog park. A short drive connects you to Blue Mountain Village, private ski clubs, golf courses. Some of the region's best mountain, road, and gravel cycling is right outside your door. The property also presents future upside. With the potential for severance (subject to town approvals and servicing requirements), there is an opportunity here for those looking to add value over time. Whether you're seeking strong income potential or a versatile property in a prime lifestyle location, this is a rare offering in today's market. 361 Cedar (Left Side) is currently tenanted with a reliable long-term tenant paying $2,400/month + hydro & gas, providing immediate, stable income. 363 Cedar (Right Side) is vacant and ready for occupancy, previously rented for $2,600/month + hydro & gas, offering strong income potential or the option to move in and enjoy. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Collingwood
- Living area
- 2,280 square feet
- Lot dimensions
- Bldg=70 x 165 FT
- Parking
- 4 total
- On market
- Apr 20, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $5,832 (2026)
- Zoning
- R2
- Photos
- 47
- MLS#
- S13022376
- Area
- COLLINGWOOD
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.55%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,119
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.