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Price Change$689,000

47 Market Street

Collingwood, Collingwood

$599,000

Detached|2-Storey
3 | 2 | 9
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,532
Lot Size66.66 ft x 145.2 ft
mls© NumberS13538642
Listed ByCentury 21 Millennium Inc.

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%
$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.

Down payment20% · $119,800
25-yr amortization

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 check

Investment Analysis

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

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