Fabulous starter home with rental income from a LEGAL accessory apartment with separate entrances to help with your expenses! Located in town on a private 158 foot deep lot with no neighbours behind and parking for 5 cars, this property is conveniently located in town, near public transit and within walking distance of trails and the charming shops and restaurants of downtown Collingwood. Just a short drive to ski hills, golf, and the sparkling waters of Georgian Bay too! There is a charming 3 bedroom living space upstairs (one bedroom being used as a den/office) with a wood burning fireplace, exposed brick walls and an open concept living/dining/kitchen area and 4-piece bath. A legal 2 bedroom apartment (accessed on ground floor and basement level (2 exit doors) has a renovated bathroom (2024), Kitchen (2019), is freshly painted, and filled with natural light. Each unit has its own laundry. Other upgrades within the past 6 years. The fully fenced, large yard offers peace and privacy, with mature trees, gardens, as well as a shed and no rear neighbours. Furnace and a/c 2014, panel 2013, roof 2012. Current tenant on main/upper level would be happy to stay. The secondary unit is vacant and clean and ready for occupancy.