Listed by Royal Lepage Locations North.

242 Simcoe Street is a Duplex, 2-Storey and is currently for Sale @ $725,000. Taxes in 2025 were $2,910.00.

More homes for sale under 700k in 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. The 2-Storey on 242 Simcoe Street has 3 bedrooms, 2 bathrooms, and is located on a 58 x 40 ft lot in the community of Collingwood . 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!

Upper unit: washer, dryer, stove, refrigerator, window a/c unit, hooks at front door. Lower Unit: washer, dryer, stove, refrigerator, buffet cabinet in the kitchen, hooks at the front door. Both units: light fixtures, blinds and rods. Curtain on laundry area in apartment A.

The address 242 Simcoe Street was listed for sale (MLS# S12700380) on Thursday, January 15, 2026.