$595,000

For sale

#310 1 Hume Street South, Collingwood - Single Family for Sale

#310 1 Hume Street South, Collingwood, Ontario, L9Y0X3

1 bed1 bath1 parking850 ft²$682/mo condo feeListed 29 days ago

Overview

This 1-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 850 sq ft of space. Its $595,000 asking price sits right in line with the $569,900 median in Collingwood. It has been on the market 29 days, fresher than the Collingwood average of 73 days.

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Description

Live in luxury at The Monaco, downtown Collingwood's premier residence at 1 Hume Street. This 800 sq ft 1-bedroom + den suite is ideally located on the most desirable side of the building and comes complete with parking, an EV charger, double bike racks, a storage locker, and upgraded interior finishes. Whether you're looking for a new home, a smart investment, or a vacation getaway, this unit offers exceptional value in one of Canada's most sought-after destinations. Enjoy walkable access to Collingwood's vibrant downtown, with restaurants, boutiques, (and vital health services, like the hospital that's a block away with top physicians) in Ontario cultural spots just steps away, and adventure at Georgian Bay and the Blue Mountains minutes away from your door. Experience the perfect blend of comfort, convenience, and lifestyle. (id:66096)

Property Details

MLS®: S13873206
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $682/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,450/yr
Listed: 29 days ago

Rooms

Main level

Kitchen: 3 x 2.6 meters
Great room: 6.4 x 4.18 meters
Primary Bedroom: 5 x 3.29 meters
Den: 2.8 x 2.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Dryer, Microwave, Freezer
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Collingwood listings, avg age

73d

Price / ft²

$700

List price

$595K

Haho

This 1-bed single family in Collingwood has been listed for 29 days, which is 44 days fresher than the city average of 73. Act while there is still low competition.

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Listed by BOSLEY REAL ESTATE LTD. · KENNETH ALLAN JAMES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $595,000, about 7.0× the local median household income of $85,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$595,000· $700/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$204/mo

Condo fee$682/mo

Total monthly$3,994

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$8,375

Est. closing costs$4,285

Total cash needed$47,160

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