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!
About this home
Photos of 256 Ontario Street
Facts and features of 256 Ontario Street
| Type | Detached |
|---|---|
| Style | 2-Storey |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Size | 2000-2500 sq ft |
| Lot | 58.01 x 120 Feet |
| Parking | 6 |
| Garage | Detached |
| Heating | Forced Air |
| Cooling | Central Air, Other |
| Basement | Crawl Space, None |
| Exterior | Brick |
| Taxes | $5,648 (2025) |
| Days on market | 51 |
| Listing brokerage | Royal LePage Locations North |
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256 Ontario Street
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256 Ontario Street
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
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MLS® S13758728 Data source: PropTx Listed September 9, 2026