$345,000

For sale

#300 1 Brandy Lane Drive, Collingwood - Single Family for Sale

#300 1 Brandy Lane Drive, Collingwood, Ontario, L9Y0X4

1 bed1 bath1 parking650 ft²$264/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 650 sq ft of space. Listed at $345,000, it is attractively priced about 39% below the $562,500 median asking price in Collingwood. It has been on the market 16 days, fresher than the Collingwood average of 73 days.

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Description

Welcome to relaxed, four-season living in Collingwood's highly sought-after Wyldewood community. This bright, corner-situated, 1-bedroom, 1-bathroom condo offers comfort and convenience as a first home, retirement home, investment or vacation property. The warm, open-concept layout features a kitchen with granite countertops and stainless steel appliances. The sun-filled living area is centred by a cozy gas fireplace. The double doors to your private covered balcony/patio-ideal for morning coffee, evening relaxation, and year-round outdoor barbecuing. Enjoy the community amenities, including a year-round heated outdoor saltwater pool and convenient access directly onto the Georgian Trail right outside your door for walking, jogging, cycling, and cross-country skiing. Monthly common expenses are only $264 (including water) making this an easy condo to afford! Perfect as a full-time residence, weekend ski getaway, or turnkey investment. Ideally situated in Collingwood's west end-just minutes to downtown dining and boutique shopping, the beautiful shores of Georgian Bay, golf courses, and only a short drive to the ski hills at Blue Mountain Resort. Move-in ready and waiting for your next four-season adventure! (id:66096)

Property Details

MLS®: S14094094
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Electric, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Condo Fee: $264/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,918.61/yr
Listed: 16 days ago

Rooms

Main level

Bedroom: 2.95 x 3.15 meters
Great room: 3.58 x 5.94 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, Hood Fan, Blinds
Exterior: Vinyl siding
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Collingwood listings, avg age

73d

Price / ft²

$531

List price

$345K

Haho

This 1-bed single family in Collingwood has been listed for 16 days, which is 57 days fresher than the city average of 73. Act while there is still low competition.

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Listed by Royal LePage Locations North · DONNA CRANE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $345,000, about 4.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $67,391 (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)

$345,000· $531/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,250

Min 5%50%

Mortgage payment$1,817/mo

↳ CMHC premium ($13,110 capitalized)

Property tax (est.)$160/mo

Condo fee$264/mo

Total monthly$2,241

Cash Needed to Close

Down payment (5%)$17,250

Land transfer tax$3,650

Est. closing costs$3,535

Total cash needed$24,435

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