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Listed 12 days ago

39 Forest Drive

Collingwood, Collingwood

$1,399,000

Detached|Bungalow
3 | 3 | 6
About this home

Private 3-Bedroom Bungalow on an Incredible 3/4 Acre Lot in Sought After Collingwood! Set on an exceptional 3/4 acre property, this well looked after 3 bedroom, 2 bathroom bungalow offers a rare combination of space, privacy, mature surroundings and year-round recreation. The fully private backyard is a true showstopper, featuring a spectacular 36' x 16' pool with an L-shaped wading area, extensive landscaping and fencing-all completed in 2022. Inside, the home is filled with natural light and features a bright, open-concept layout connecting the kitchen and family room. New vinyl flooring has been installed throughout much of the home, while the family room offers a cozy gas fireplace. Enjoy direct access to the Georgian Trail from the backyard, providing year-round opportunities for walking, cycling, snowshoeing and more. The area's renowned ski clubs including The Blue Mountains are just minutes away, making this an ideal four-season location. Practical upgrades include a partial new septic system installed in 2022 and sized to accommodate a future addition, plus a rear-yard irrigation system with new lines and sprinkler heads installed in 2022.Year-round comfort is provided by radiant in-floor heating throughout the home and garage, central air conditioning, hot water on demand and an electric furnace. Natural gas and existing ductwork are available, making it an easy option to install a natural gas forced-air furnace in the future. A mature, private setting with a resort-style backyard, Georgian Trail access and nearby ski clubs-this is a rare opportunity to enjoy Collingwood's four-season lifestyle with room to enjoy now and potential to grow.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,376
Lot Size143.56 ft x 237.46 ft
mls© NumberS13862322
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%
$7,161
Property tax
$448
Heat allowance
$150
Housing costs
$7,759 / mo

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

Down payment20% · $279,800
25-yr amortization

Income needed

$239,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

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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