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Listed 4 months ago

5109/5111 - 9 Harbour Street E

Collingwood, Collingwood

$35,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to Unit 5109/5111 at Living Water Resort & Spa, an opportunity to own a fraction of Collingwood's premier waterfront resort on the shores of Georgian Bay. This fully furnished 2-bedroom, 2-bathroom suite features a versatile lock-off design, allowing the property to function as a spacious two-bedroom vacation retreat or as separate one-bedroom and studio-style accommodations for added flexibility and rental potential. The main suite offers an open-concept living and dining area, full kitchen, electric fireplace, in-suite laundry, and a spacious primary bedroom, while the adjoining suite includes two queen beds, a kitchenette, private bathroom, and separate entrance. Enjoy three weeks of ownership annually with the option to use, rent, exchange, or trade your weeks through Interval International. Resort amenities include an indoor pool, fitness centre, rooftop patio and walking track, spa, restaurant, marina access, and year-round recreation. Just minutes from Blue Mountain, downtown Collingwood, golf courses, beaches, trails, and skiing, this is an affordable way to enjoy the Southern Georgian Bay lifestyle without the responsibilities of full-time ownership. Fractional ownership means you are registered on title, offering a true ownership interest. This unit includes weeks 21, 22 and 41.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$240
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface, Unreserved
Property Tax$543
mls© NumberS13442150
Listed ByRE/MAX Four Seasons Realty Limited
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Parking Included
Common Elements Included

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%
$179
Property tax
$45
Heat allowance
$150
Condo fees, half counted
$120
Housing costs
$494 / mo

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

Down payment20% · $7,000
25-yr amortization

Income needed

$15,000

gross annual household income

Payment at 4%
$147 / mo
Cash down
$7,000

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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