



$299,900
Collingwood
107 EIGHTH Street, Collingwood, Ontario, L9Y2C6
This lot in Collingwood is for sale.
Nestled on a generous 40 ft x 165 ft in-town lot, this property presents an exceptional opportunity for builders, investors, and those dreaming of a custom home. The existing dwelling has been substantially demolished and is being sold primarily as a land-value opportunity, offering a blank canvas for your next project. Whether you're envisioning a custom home or exploring the potential for a triplex or fourplex (buyer to complete their own due diligence regarding permitted uses and approvals), the possibilities are exciting. The lot is fully serviced, with utility disconnections already completed, helping reduce upfront preparation costs. An added bonus is the potential savings on development charges associated with the existing structure, subject to municipal policies and buyer verification. The NVCA regulated area extends across only a small portion of the rear of the property. Previous NVCA approval was granted for a 3,200 sq. ft. home (buyer to verify and complete their own due diligence). Existing renderings can be provided to the successful buyer, offering a valuable head start on the design process. A rare chance to secure a deep in-town lot at an attractive price and bring your vision to life. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 90 days on market, against an average age of 73 days across the listings currently for sale in this city
This vacant land in Collingwood is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $299,900, about 3.5× the local median household income of $85,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L9Y)
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