$549,900

$575,000For salePrice drop↓ $25,100 (4%)

9 Bailey Street, Collingwood - Single Family for Sale

9 Bailey Street, Collingwood, Ontario, L9Y3Y7

3 beds2 baths2 parking1,750 ft²28 × 105 ft (2,961 sq ft) lot sizeListed 14 days ago

Overview

This 3-bedroom, 2-bathroom home in Collingwood is for sale offering roughly 1,750 sq ft of space. Listed at $549,900, it is attractively priced about 35% below the $849,000 median asking price in Collingwood. It has been on the market 14 days, fresher than the Collingwood average of 74 days.

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Description

FREEHOLD END-UNIT TOWNHOME IN COLLINGWOOD-NO CONDO FEES!!! . Discover an exceptional opportunity to own a spacious, appox. 1,644 sqft. townhome in one of Ontario's most desirable four-season destinations. Only approx. 5 years old, this attractive 2-storey home offers 3 bedrooms, 3 bathrooms and the added appeal of an end-unit location. Enjoy the convenience of a private driveway, attached garage and your own backyard, with plenty of room to make this property your own. Ideally situated with an easy access to Collingwood's waterfront amenities, Georgian Bay, shopping, restaurants and the year-round attractions of Blue Mountain Resort. Whether you're a 1st-time buyer, down-sizer or looking for a weekend retreat, this property offers tremendous potential. Vacant and ready for it's next owner. EXPERIENCE THE BEST OF COLLINGWOOD LIVING. (id:66096)

Property Details

MLS®: S14103630
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 28 × 105 ft (2,961 sq ft)
Frontage: 28 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Ownership: Freehold
Property Tax: $4,788/yr
Listed

Features

Foundation: Poured Concrete
Exterior: Brick Veneer

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Collingwood listings, avg age

74d

Price / ft²

$314

List price

$550K

Haho

This 3-bed single family in Collingwood has been listed for 14 days, which is 60 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · ANDREA VYNER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $549,900, about 6.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$549,900· $314/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$399/mo

Total monthly$3,281

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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