$685,000

For sale

40 Market Street, Collingwood - Single Family for Sale

40 Market Street, Collingwood, Ontario, L9Y3M6

3 beds2 baths1 parking1,300 ft²28 × 145 ft (4,066 sq ft) lot sizeListed 38 days ago

Overview

This 3-bedroom, 2-bathroom home in Collingwood is for sale offering roughly 1,300 sq ft of space. Listed at $685,000, it is attractively priced about 18% below the $839,900 median asking price in Collingwood. It has been on the market 38 days, fresher than the Collingwood average of 74 days.

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Description

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! (id:66096)

Property Details

MLS®: S13839448
Property Type: Single Family
Zoning: C1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 28 × 145 ft (4,066 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.06 x 4.76 meters
Dining room: 2.45 x 4.59 meters
Kitchen: 6.52 x 4.27 meters
Family room: 3.97 x 4.18 meters
Bathroom: 2.26 x 1.73 meters
Laundry room: 1.85 x 4.18 meters

Second level

Bedroom: 2.21 x 3.53 meters
Bedroom 2: 3.3 x 4.07 meters
Primary Bedroom: 2.23 x 4.67 meters
Bathroom: 2.44 x 2.05 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Foundation: Stone, Block
Exterior: Steel, Wood

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Collingwood listings, avg age

74d

Price / ft²

$527

List price

$685K

Haho

This 3-bed single family in Collingwood has been listed for 38 days, which is 36 days fresher than the city average of 74. Act while there is still low competition.

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Listed by Royal LePage Locations North · ABBEY WESTLAKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $685,000, about 8.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $133,804 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.

Median household income: $85,000
Population: 28,925
Median age: 52
Owner / renter: 75% / 25%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L9Y)

$685,000· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment6.35% · $43,500.00

Min 6.35%50%

Mortgage payment$3,557/mo

↳ CMHC premium ($25,660 capitalized)

Property tax (est.)$169/mo

Total monthly$3,725

Cash Needed to Close

Down payment (6.35%)$43,500

Land transfer tax$10,175

Est. closing costs$4,555

Total cash needed$58,230

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