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$370,000

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#327 5 Dawson Drive, Collingwood - Single Family for Sale

#327 5 Dawson Drive, Collingwood, Ontario, L9Y5B4

2 beds1 bath parking

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Listed by Chestnut Park Real Estate

Investment analysis

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$370,000

Collingwood

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Overview

This 2-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 850 sq ft of space. Listed at $370,000, it is attractively priced about 34% below the $562,500 median asking price in Collingwood. It has been on the market 9 days, fresher than the Collingwood average of 73 days.

Condos for Sale in Collingwood →All real estate in Collingwood →

Description

Outstanding 2-Bed Collingwood Townhome Near Georgian Bay! Filled with natural light, this upgraded 2-level condo features an open-concept upper floor with vaulted ceilings, a cozy wood-burning fireplace, and a private deck walkout. The main floor offers 2 spacious bedrooms, in-suite laundry, and a 4-piece bath. Upgrades include ductless heating/cooling, an updated kitchen, and refreshed lighting throughout. Walk to Georgian Bay, Living Stone Golf Resort, and Balsam Plaza shops/dining. Minutes to ski hills, beaches, and downtown. (id:66096)

Property Details

MLS®: S14116898
Property Type: Single Family
Zoning: R3-32
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Storeys: 2
Basement: None
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Wall unit
Garage: No Garage
Fireplace: Yes
Condo Fee: $393/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $1,817/yr
Listed: 9 days ago

Area context

Neighbourhood profile (L9Y)

This home lists at $370,000, about 4.4× the local median household income of $85,000.

Carrying it typically needs a household income of about $72,274 (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)

$370,000· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,500

Min 5%50%

Mortgage payment$1,949/mo

↳ CMHC premium ($14,060 capitalized)

Property tax (est.)$151/mo

Condo fee$393/mo

Total monthly$2,493

Cash Needed to Close

Down payment (5%)$18,500

Land transfer tax$4,025

Est. closing costs$3,610

Total cash needed$26,135

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Open house

#327 5 Dawson Drive, Collingwood - Single Family for Sale

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