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New4 days ago

3 Portland Street

Collingwood, Collingwood

$879,900

Detached|Bungaloft
3 | 4 | 4
About this home

This well-located home sits in Pretty River Estates in Collingwood's sought-after south end! Minutes to the new Costco, Casino, and Blue Mountain! Enjoy the vibrant lifestyle in a destination town offering great shopping, upscale restaurants, beaches, skiing, plus so much more. Built by Sunvale Homes, this previous model home is finished throughout! With an open layout with 2-storey ceilings, entertaining is a breeze. This bungaloft boasts a main floor primary bedroom with ensuite, main floor laundry with garage access, 2nd and 3rd bedrooms on 2nd level with 4-piece bathroom and loft area. Great kitchen with island, quartz counters, stainless steel appliances, including a gas range! Moving downstairs, buyers will find a fully self-contained in-law suite with separate entrance, complete with stainless steel appliances and granite counters! Ideal for extended families or investors. Buying a home in Collingwood is a smart move! Short walk for the kids to Admiral Public School! New park/pickleball courts being built beside school.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,583
Lot Size15.04 metres x 30.12 metres
mls© NumberS14028630
Listed ByRE/MAX HALLMARK CHAY REALTY

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%
$4,504
Property tax
$465
Heat allowance
$150
Housing costs
$5,119 / mo

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

Down payment20% · $175,980
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,703 / mo
Cash down
$175,980

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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