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Listed 28 days ago

502 - 24 Ramblings Way

Collingwood, Collingwood

$394,999

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

An exceptional opportunity to enjoy the Georgian Bay lifestyle at an incredible price! Offered at just $394,999, this spacious condo at Rupert's Landing combines comfortable, low-maintenance living with an outstanding four-season recreational setting right on Georgian Bay. Relax on the enclosed three-sided balcony and take in the panoramic views, or step outside and enjoy a community designed for an active lifestyle, with an indoor pool, tennis, pickle ball, recreation facilities and marina. Beyond your doorstep, Blue Mountain skiing, golf, cycling, mountain biking, the Bruce Trail, Georgian Trail and beautiful Georgian Bay beaches are all within easy reach. Shopping, dining, entertainment and hospital services are also just minutes away. Whether you're looking for a full-time home or a carefree four-season retreat, this is a wonderful opportunity to embrace everything the Collingwood and Blue Mountain area has to offer-without the luxury price tag. Originally configured as a two-bedroom, this unit offers the potential to be converted back to a two-bedroom if desired.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$971
LockerOwned
BalconyEnclosed
ExposureWest
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesNone
Property Tax$2,516
mls© NumberS13807064
Listed ByRE/MAX By The Bay Brokerage
Water Included
Cable TV Included
Building Insurance 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%
$2,022
Property tax
$210
Heat allowance
$150
Condo fees, half counted
$486
Housing costs
$2,867 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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