Welcome to beautiful 251 St. Paul Street in prestigious Collingwood. An excellent investment opportunity in the Heart of Collingwood. Discover the perfect blend of lifestyle and income potential with this rarely offered property featuring two legal, fully self-contained units in one of Ontario's most sought-after rental markets. Upper level is currently tenanted with a triple A tenant. The lower level can used to generate more rental income or use as your own place to call home. This property located just steps to vibrant downtown Collingwood and only minutes from the waterfront and ski hills of Blue Mountain, this property offers year-round appeal for tenants and owners alike. The bright and spacious upper front unit features 2 bedrooms, a full bath, and an inviting open-concept living and kitchen area- ideal for comfortable everyday living. The lower unit offers a similar open-concept layout with 1 bedroom and a modern 3-piece bath, making it perfect for additional rental income, extended family, or guests. Whether you're an investor looking to capitalize on Collingwood's thriving rental demand or a homeowner seeking mortgage-helping income, this versatile property delivers location, flexibility, and strong earning potential.