$1,100,000

For sale

#212 1 Hume Street, Collingwood - Single Family for Sale

#212 1 Hume Street, Collingwood, Ontario, L9Y0X3

2 beds2 baths1 parking1,100 ft²$969/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Collingwood is for sale offering roughly 1,100 sq ft of space. It has been on the market 35 days, fresher than the Collingwood average of 74 days.

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Description

Stunning condominium development situated in the heart of historic downtown Collingwood at the intersection of Hurontario and Hume Streets. Stroll to fashionable shopping and fabulous dining in a burgeoning city on the south shore of Georgian Bay renowned for its many cultural, recreational and outdoor pleasures. Luxuriously appointed 2-bedroom signature residence features 2 spa-inspired bathrooms, gourmet kitchen and open concept living/dining room with walk-out to the balcony. Retreat to the primary bedroom that boasts a walk-in closet and ensuite bathroom. One parking space and one locker are also included! Designed by renowned architectural firm, AJT Architects, the building is eloquently designed in the grand tradition evocative of early 20th century buildings, with the façade hinting at the Beaux-Arts style architecture of the surrounding properties. Located on the only lands designated for condominium development in Collingwood's downtown Heritage Conservation District, MONACO was masterfully crafted to evoke a sense of timelessness and grandeur, while honouring the culture, character and history of the downtown area and preserving its undeniable charm. Welcome Home! (id:66096)

Property Details

MLS®: S13848166
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $969/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,430.64/yr
Listed: 35 days ago

Rooms

Flat

Living room: 6.11 x 3.8 meters
Dining room: 4.45 x 2.78 meters
Kitchen: 4.46 x 3.9 meters
Primary Bedroom: 6.36 x 3.3 meters
Bedroom: 4.13 x 3.03 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
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Collingwood listings, avg age

74d

Price / ft²

$1,000

List price

$1.10M

Haho

This 2-bed single family in Collingwood has been listed for 35 days, which is 39 days fresher than the city average of 74. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · LUISA PICCIRILLI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $1,100,000, about 12.9× the local median household income of $85,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 153% 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)

$1,100,000· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$286/mo

Condo fee$969/mo

Total monthly$6,883

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$18,475

Est. closing costs$5,800

Total cash needed$109,275

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