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Listed 5 months ago

314 - 5 SPOONER Crescent

Collingwood, Collingwood

$399,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Beautifully maintained newly-built two-bedroom two-bath condo overlooking the Cranberry Golf Course, featuring a bright open-concept layout in a prime location just minutes from Blue Mountain and downtown Collingwood. The kitchen offers granite countertops, stainless steel appliances, and a functional island that flows into the spacious living and dining areas. A large private balcony with a barbeque hook-up provides peaceful year-round golf-course views. The primary bedroom includes a well-appointed ensuite with granite countertops, while the second bedroom offers excellent flexibility for guests, family, or a home office. In-suite laundry adds everyday convenience. This unit includes one owned outdoor parking space and a dedicated storage unit. Most furniture is included, making this condo an ideal turnkey option for full-time living, a weekend retreat, or investment use. Residents enjoy access to community amenities including a recreation centre with a fitness room, outdoor pool and playground, all within a well-managed, family-friendly development surrounded by trails, golf, and four-season recreation. QUICK CLOSING AVAILABLE!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$490
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$2,599
mls© NumberS13110758
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Parking Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,042
Property tax
$217
Heat allowance
$150
Condo fees, half counted
$245
Housing costs
$2,654 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,800
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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