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Listed 1 month ago

825 - 34 Dawson Drive

Collingwood, Collingwood

$399,000

Condo Townhouse |
2 | 2 | 1 | 1
About this home

Exceptional Value in Collingwood! Offered at just $399,000, this unique upper-level condo at 34 Dawson Drive, Unit 825 offers a versatile layout and an exciting opportunity for first-time home buyers or investors. Originally designed as a two-bedroom unit, the space has been divided into two distinct living areas, creating plenty of possibilities-including the option to live in one side and rent the other to help offset your monthly expenses.The spacious main suite features one bedroom, a full kitchen, bright living and dining area, cozy fireplace, in-suite laundry and a private balcony surrounded by mature trees. An enclosed interior staircase leads to the second living area, a bright studio-style space complete with its own kitchenette and 4-piece bathroom.Whether you're looking to get into the Collingwood real estate market, accommodate extended family, or add an investment property to your portfolio, this flexible layout offers plenty of potential. Ideally located just minutes from downtown Collingwood, Georgian Bay, golf, trails and Blue Mountain. At $399,000, this is an affordable opportunity to own a versatile property in the heart of Collingwood's four-season playground.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Townhouse
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$777
LockerExclusive
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,287
mls© NumberS13793238
Listed ByCentury 21 Millennium Inc.
Building Insurance Included
Parking Included

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%
$2,042
Property tax
$191
Heat allowance
$150
Condo fees, half counted
$389
Housing costs
$2,771 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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