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Collingwood, Collingwood
$699,000
UNIQUE OPPORTUNITY to purchase a delightful 3 Bedroom Victorian heritage property with wrap around porch and ample parking in an excellent location and only a short walk to downtown Collingwood. Currently being rented as 2 separate units, front unit will be vacant with rear tenant open to staying on. Front unit consists of: Open Concept Kitchen/Dining area with tile floor, Family Room with wood floor & gas fireplace, 3 Bedrooms, oversized 4PC Bathroom. Rear unit consists of: Dining/Kitchen/Living Room, Primary Bedroom, Bedroom/Den and 4PC bathroom. Pretty sitting area on the porch to enjoy a morning coffee or afternoon tea and with use of the side garden. Large rear garden awaits your creation/design. Numerous & exciting future opportunities await the new owner with vision for a dream home of this well located Collingwood property. Walk to many local amenities, shopping, restaurants, theatre and library. Approx. 10 minute drive to Village at Blue Mountain. Hike/Cycle the trail and enjoy numerous festivals and events that take place in the area.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $2,935 |
| Lot Size | 66.53 ft x 144.1 ft |
| mls© Number | S13127624 |
| Listed By | Chestnut Park Real Estate |
Listing History
- No recent sale history for this listing.
- 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%
- $3,578
- Property tax
- $245
- Heat allowance
- $150
- Housing costs
- $3,972 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,942 / mo
- Cash down
- $139,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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