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Listed 18 days ago

40 Market Street

Collingwood, Collingwood

$685,000

Detached|2-Storey
3 | 2 | 1
About this home

NEW PRICE - $685,000! Completely renovated from top to bottom and just steps from downtown Collingwood, 40 Market Street is truly move-in ready. Enjoy the convenience of walking to shops, restaurants, cafés, the waterfront and trails, when coming home to a beautifully updated space where all the work has already been done. The bright, functional layout offers separate living and dining areas, a spacious main-floor family room with walkout to the private backyard, plus main-floor laundry and a powder room. Upstairs, you'll find three generously sized bedrooms and a beautifully updated bathroom. With its combination of extensive renovations, comfortable living space and incredible proximity to downtown, this is a fantastic opportunity at its new price of $685,000. Move in and start enjoying everything downtown Collingwood has to offer!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,022
Lot Size27.95 ft x 145.2 ft
mls© NumberS13839448
Listed ByRoyal LePage Locations North

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%
$3,506
Property tax
$169
Heat allowance
$150
Housing costs
$3,825 / mo

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

Down payment20% · $137,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,883 / mo
Cash down
$137,000

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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