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Listed 8 days ago

340 Cedar Street

Collingwood, Collingwood

$1,749,000

Detached|Bungalow-Raised
2 | 3 | 8
About this home

A rare opportunity to own a newly custom-built home on one of Collingwood's coveted tree streets, combining contemporary design, exceptional living space and an outstanding downtown location. Set on an impressive 66' x 165' lot surrounded by the character and mature canopy that make this neighbourhood so desirable, this thoughtfully designed four-bedroom residence offers the comfort and quality of new construction in an established setting. At the heart of the home is a spectacular great room designed for both everyday living and entertaining, complemented by a beautifully appointed chef's kitchen with generous workspace, quality finishes and an inviting connection to the dining and living areas. Expansive windows fill the home with natural light and create a bright, welcoming atmosphere throughout. Four well-proportioned bedrooms provide excellent flexibility for family, guests and home office needs, while carefully considered finishes and a functional floor plan reflect the attention to detail expected in a custom-built residence. Adding tremendous value is the substantial 28' x 20' heated detached garage/workshop with 60-amp service-ideal for vehicles, recreational equipment, a workshop, studio or additional storage. The exceptionally deep lot provides plenty of room for outdoor entertaining, gardens and family enjoyment. Enjoy the best of Collingwood living from this exceptional location, within easy reach of downtown shops and restaurants, schools, trails and Georgian Bay, while Blue Mountain, private ski clubs and area golf courses are just a short drive away. A distinctive combination of new custom construction, a generous in-town property and one of Collingwood's most sought-after tree-lined neighbourhoods.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$6,215
Lot Size66 ft x 165 ft
mls© NumberS13882828
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%
$8,952
Property tax
$518
Heat allowance
$150
Housing costs
$9,620 / mo

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

Down payment20% · $349,800
25-yr amortization

Income needed

$296,000

gross annual household income

Payment at 4%
$7,360 / mo
Cash down
$349,800

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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