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Collingwood, Collingwood
$599,000
Literal steps from downtown Collingwood, this C1-zoned property presents a rare opportunity in one of the area's most desirable locations.Currently used as a three-bedroom, one-and-a-half-bath residence, the property offers flexibility for a variety of future residential or commercial uses. Set on a generous 66' x 145' lot, the home is ready for its next chapter and offers excellent potential for renovation or redevelopment. A detached 24x32 triple-car garage with an unfinished studio space provides additional space for storage, a workshop, studio, office, or future expansion, subject to applicable approvals.Whether you're searching for a home, a business location, or an investment with long-term potential, this is an opportunity to secure a versatile property within walking distance of everything downtown Collingwood has to offer.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,532 |
| Lot Size | 66.66 ft x 145.2 ft |
| mls© Number | S13538642 |
| Listed By | Century 21 Millennium 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%
- $3,066
- Property tax
- $294
- Heat allowance
- $150
- Housing costs
- $3,510 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
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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