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$739,000
Collingwood
491 Minnesota Street, Collingwood, Ontario, L9Y3S6
This 4-bedroom, 2-bathroom home in Collingwood is for sale offering roughly 1,300 sq ft of space. Listed at $739,000, it is attractively priced about 12% below the $839,900 median asking price in Collingwood. It has been on the market 16 days, fresher than the Collingwood average of 74 days.
Welcome to 491 Minnesota Street! Raised bungalow, in a great location directly across the street from the Minnesota Trail with close access to the YMCA, this home offers exceptional flexibility for multigenerational living, investors or those seeking income potential. Featuring 3 bedrooms and 1 bath on the main level, plus a self-contained lower-level suite with 1 bedroom, a den, 1 bath, kitchen, laundry, and private entrance through the garage. This home can easily function as two separate living spaces or be converted back into a spacious 5-bedroom, 2 bath, family home. The cozy main floor offers a welcoming living room, spacious kitchen, (easy to open from here to downstairs) convenient laundry, and a primary bedroom with access to a private deck overlooking the backyard. (The main level ensuite laundry can easily be converted back to 2 piece ensuite). Situated on a mature corner lot with a detached garage, separate driveways, and a few perennial garden areas, there is plenty of outdoor space to enjoy. Conveniently located within walking distance to downtown Collingwood, trails, Georgian Bay, schools, shops, and restaurants, with Blue Mountain and private ski clubs and golf clubs just minutes away. A rare opportunity to own a home that delivers comfort, flexibility, and exceptional value in a great location (id:66096)
Features and services as supplied by the listing brokerage.
Active: 16 days on market, against an average age of 74 days across the listings currently for sale in this city
This 4-bed single family in Collingwood has been listed for 16 days, which is 58 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $739,000, about 8.7× the local median household income of $85,000.
Carrying it typically needs a household income of about $144,353 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.