128 Spruce St, Collingwood, Ontario L9Y 3G7

At nearly 4,000 sq.ft., this spacious raised bungalow offers amazing flexibility with a legal duplex status and triplex potential! The property features two 1,000 sq. ft. upper units, each with 2 bedrooms, 2 bathrooms, and rear deck access to a private, treed backyard. Perfect for investors or first-time buyers, the lower level is currently part of the right-side unit but can easily be transformed into a third unit--accessed via side stairs. The lower level already has plumbing roughed-in for a future kitchen, and currently includes 5 bedrooms and 2 full baths. Convert a bedroom into a kitchen to create a 4-bedroom apartment, or keep it as-is for additional space with 7 bedrooms, 4 bathrooms (right side upstairs + full lower level combined). The home currently has separate electricity meters, 1 water meter, and 1 gas meter. Outside, the front yard offers space for 4 vehicles, with plans to pave the gravel driveway in early May. The backyard will receive a makeover with fresh sod and a walk-out deck. This versatile property is perfect for seasoned investors, first-time buyers, or anyone looking to live in one unit while collecting rental income from others. Don't miss out on this incredible opportunity!

Inclusions: 2 sets of kitchen appliances (refrigerator, stove, microwave, dishwasher), 2 sets of washer & dryers, 2 furnaces, 2 air conditioners and 2 hot water tanks (owned, gas powered).