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For saleMLS® S13758818

256 Ontario Street, Collingwood, ON L9Y 1M9

Collingwood · L9Y 1M9

$799,000

$341 / sq ft

1 months on market

Total area
2,342 sf
Lot
58.01 × 120 ft

What's special

  • Single detached garage
  • Yes

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About this property

Commercial building and land for sale! 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. This sale includes building and land only, no 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!

Property details

Property

Property type
retail
Interior size
2,342 sq ft
Lot size
58.01 × 120 ft
Zoning
C6
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Single Detached
Sewer
Sanitary+Storm

Costs

List price
$799,000
Property taxes
$5,648 / year (2025)
Price per sq ft
$341
Rental items
HWT and Furnace at $107 a mth

Listing

MLS® number
S13758818
Status
For sale
Listed
September 9, 2026
Days on market
57
Last updated
September 11, 2026
Listing brokerage
Royal LePage Locations North

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment6.9% · minimum $54,900
$54,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,114.26
Property tax (est.)
$470.67
Estimated monthly
$4,585

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,455
Total due on closing
$12,455

An estimate on the asking price of $799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Royal LePage Locations North. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$799,000

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