256 Ontario Street, Collingwood, ON L9Y 1M9
Collingwood · Near Ontario St / Napier St · View map
About this home
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!
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 10
- Basement
- Crawl Space, None
- Lot size
- 58 x 120 ft
- Faces
- South
- View
- Garden, Downtown
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $5,648/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Ontario St / Napier St
- Neighbourhood
- Collingwood
More
- Price per sq ft
- ~$355 (at 2,250 sq ft)
- MLS® number
- S13758728
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The home and its surroundings
- Storage
- Water Heater
- Accessory Apartment
- In-Law Capability
- Fenced Yard
- Golf
- Hospital
- Public Transit
- School
- Skiing
- Recreational Area
- Year Round Living
- Privacy
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
256 Ontario Street, Collingwood, ON L9Y 1M9
Collingwood · Near Ontario St / Napier St
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Listing history for 256 Ontario Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 256 Ontario Street
Answers come straight from this home’s MLS® listing.
How much is 256 Ontario Street listed for, and what would it cost each month?
256 Ontario Street is listed for $799,000. With 20% down ($159,800), the mortgage payment would be roughly $3,223 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,694 a month, all in. That figure is an illustration, not a quote.
Is 256 Ontario Street freehold or a condo, and is there a monthly fee?
256 Ontario Street is a 2-storey detached home in Collingwood. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 256 Ontario Street have?
256 Ontario Street has 3 bedrooms and 3 bathrooms.
Does 256 Ontario Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 256 Ontario Street have a finished basement?
The listing describes the basement as crawl space, none.
What style of home is 256 Ontario Street?
256 Ontario Street is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 256 Ontario Street, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 58 x 120 ft.
How is 256 Ontario Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 256 Ontario Street?
Property taxes are $5,648 a year (2025), or about $471 a month.
Where is 256 Ontario Street?
256 Ontario Street is in Collingwood. The nearest main intersection is Ontario St / Napier St. The postal code is L9Y 1M9.
Is 256 Ontario Street still for sale?
Yes. It is an active listing (MLS® S13758728). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 256 Ontario Street asking?
Similar detached homes for sale nearby right now include 33 Kerr Street at $799,000 (3 bed), 32 Davis Street at $795,000 (3+1 bed) and 58 Market Street at $795,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 256 Ontario Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 256 Ontario Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Collingwood, picked by style, size and price.
2-storey detached home$799,00033 Kerr Street, Collingwood3 bed · 3 bath · CollingwoodCourtesy of: RE/MAX Four Seasons Realty LimitedView home →
2-storey detached home$795,00032 Davis Street, Collingwood3+1 bed · 4 bath · CollingwoodCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
2-storey detached home$795,00058 Market Street, Collingwood3 bed · 2 bath · CollingwoodCourtesy of: Royal LePage Locations NorthView home →Courtesy of: Royal LePage Locations North
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.