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Listed 26 days ago

291 Third Street

Collingwood, Collingwood

$2,499,000

Detached|3-Storey
5 | 3 | 12
About this home

**A Rare Collingwood Masterpiece - Historic Character, Modern Luxury & Unparalleled Potential!** This extraordinary 1894 red brick estate is set on a spectacular **92 x 200 ft lot** on one of Collingwood's most coveted streets, steps to downtown, restaurants, shops and the waterfront. With approximately **3,500 sq ft of beautifully finished living space**, this truly irreplaceable residence blends grand historic architecture with exceptional modern upgrades. The new custom kitchen features bespoke cabinetry and **Bosch appliances**, complemented by original millwork, refinished hardwood floors, custom finishes, soaring ceilings, original stain glass and timeless detailing throughout. Five bedrooms include a magnificent primary suite with dressing room and luxurious 5-piece ensuite. Three bathrooms feature heated floors, while extensive updates include 200-amp electrical service, updated wiring and plumbing, new sewer and water lines, and more. A **new oversized detached garage** adds tremendous utility, storage and future flexibility. Lots of space for private backyard oasis. The expansive attic offers the potential to bring the home to **over 5,000 sq ft**, A once-in-a-generation opportunity to own one of Collingwood's most distinctive estates - **a property of this character, scale and provenance could never be recreated today.**

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$7,225
Lot Size92.49 ft x 199.64 ft
mls© NumberS13811550
Listed ByRoyal LePage Locations North

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%
$12,791
Property tax
$602
Heat allowance
$150
Housing costs
$13,543 / mo

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

Down payment20% · $499,800
25-yr amortization

Income needed

$417,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

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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