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Listed 4 months ago

23 Silver Creek Drive

Collingwood, Collingwood

$1,099,000

Detached|3-Storey
2 | 2 | 6
About this home

Tucked into the trees of Collingwood's coveted "Forest" neighbourhood, this one-of-a-kind custom home is a private retreat that lives just minutes from everything. Inside, cathedral ceilings and oversized windows flood the open-concept main level with natural light. A modern kitchen with breakfast bar and granite counters flows to a dining walk-out and sunken living room warmed by a wood-burning fireplace. Solid wide-plank floors, barn doors and stainless appliances run throughout, with two renovated baths featuring glass showers. The spacious primary offers a walk-out balcony and cedar-lined walk-in closet. Three walk-outs, three decks and two balconies connect you to the outdoors at every turn, while a private sauna and tree-lined backyard set the tone for chalet nights after the hill or lazy summer days by the beach. A fully finished lower level adds an oversized rec room, third bedroom, bath and laundry. Metal roof, municipal water, forced-air gas heat and central air. Steps to area ski hills, private clubs, Scandinave Spa, trails, beaches and the village. Rare bonus: the adjacent, fully severed half-acre lot - with detached garage and separate Forest Drive entrance - is available on its own or in conjunction. Build a guest home, create a family compound, or simply keep the privacy.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$6,180
Lot Size95.34 ft x 253.2 ft
mls© NumberS13519508
Listed ByForest Hill Real Estate Inc.

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%
$5,625
Property tax
$515
Heat allowance
$150
Housing costs
$6,290 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

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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