$374,000

For sale

#102 172 Eighth Street, Collingwood - Single Family for Sale

#102 172 Eighth Street, Collingwood, Ontario, L9Y4T2

2 beds1 bath1 parking1,100 ft²$958/mo condo feeListed 26 days ago

Overview

This 2-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 1,100 sq ft of space. Listed at $374,000, it is attractively priced about 34% below the $562,500 median asking price in Collingwood. It has been on the market 26 days, fresher than the Collingwood average of 74 days.

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Description

Bright and light 2 bedroom condo on the main floor in The Galleries. This west facing unit boasts ample space with over 1100 sqft; newly installed vinyl plank flooring; and freshly painted. Easy access to the secure front entrance with concierge service or keyless fob side entry to the building, no elevator is needed! Enjoy the convenience of main floor living, easy access to the sauna/fitness/games room, the social room/library, the guest suite (rental rates apply), and your locker. Your heated underground parking space #27 is conveniently located near your unit, access it using the stairs closest to your unit or the elevator just down the hall. Your condominium fees conveniently include heating, air conditioning, water and parking. The building is pet friendly for small pets. Located on the town bus route, giving you access to all in town amenities ~ downtown, shoppes, grocery stores, Georgian Bay, and a short drive to Blue Mountain Resort. This move in ready condominium offers something for everyone, comfort, convenience, and camaraderie! Enjoy the westerly sunshine and escarpment views from your new home. (id:66096)

Property Details

MLS®: S13882662
Property Type: Single Family
Zoning: R4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $958/mo
Fee Includes: Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,878.9/yr
Listed: 26 days ago

Rooms

Main level

Kitchen: 2.44 x 2.65 meters
Dining room: 3.54 x 3.61 meters
Living room: 4.26 x 5.06 meters
Primary Bedroom: 3.72 x 4.22 meters
Bedroom 2: 3.02 x 3.91 meters
Bathroom: 1.53 x 2.57 meters
Laundry room: 2.36 x 2.66 meters
Foyer: 1.17 x 2.71 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, Microwave, Window Coverings
Exterior: Stucco
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Collingwood listings, avg age

74d

Price / ft²

$340

List price

$374K

Haho

This 2-bed single family in Collingwood has been listed for 26 days, which is 48 days fresher than the city average of 74. Act while there is still low competition.

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Listed by Chestnut Park Real Estate · MICHELLE KINGSBURY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $374,000, about 4.4× the local median household income of $85,000.

Carrying it typically needs a household income of about $73,055 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$374,000· $340/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,700

Min 5%50%

Mortgage payment$1,970/mo

↳ CMHC premium ($14,212 capitalized)

Property tax (est.)$240/mo

Condo fee$958/mo

Total monthly$3,167

Cash Needed to Close

Down payment (5%)$18,700

Land transfer tax$4,085

Est. closing costs$3,622

Total cash needed$26,407

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