R2 Zoning allowing for a Duplex, Single Family, Semi-Detached or potential to Sever this 85 ft X 132 ft lot. All future building/lot plans to be approved by the Town of Collingwood. The existing home features 3 bed (one has been converted to a laundry room), 1 bath, one level living and is perfect for someone who may want to downsize, retirees, investors or first time buyers. Shingles replaced in 2021, hot water tank is owned and was replaced 2-3 years ago. Don't miss out on your chance to capitalize on this property with Mountainview Elementary and Centennial Park (indoor swimming, baseball diamonds, basketball, community gardens) just steps away. You are also only blocks away from all the great restaurants on First Street. Buyer to do own due diligence regarding R2 Zoning, allowable uses and any severance potential.