$384,900

$389,900For salePrice drop↓ $5,000 (1%)

#409 172 Eighth Street, Collingwood - Single Family for Sale

#409 172 Eighth Street, Collingwood, Ontario, L9Y4T2

2 beds1 bath1 parking1,100 ft²$1,004/mo condo feeListed 250 days ago

Overview

This 2-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 1,100 sq ft of space. Listed at $384,900, it is attractively priced about 32% below the $562,500 median asking price in Collingwood.

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Description

Welcome to The Galleries! This bright, spacious and freshly painted fourth floor 2-bedroom, 1-bathroom condo located in a sought after building which is perfect for the retiree lifestyle. Nestled in the heart of Collingwood, this unit offers Easterly views of town providing the perfect place to enjoy your morning coffee from the large, covered balcony. No more snow to brush off your vehicle during the winter months with the convenience of one owned underground parking space (#80) in addition to a generously sized main floor locker (#409) for extra storage space. On-site amenities abound including a fully equipped fitness & games room, saunas, and a communal event room which is also available for private bookings to host your family gatherings and celebrations. In addition, the monthly condo fees include heat, air conditioning, and water, providing hassle free monthly budgeting. Other notable features include secure building access, concierge service, convenient mailboxes in lobby, additional ground floor guest suite available at a nominal fee for visiting friends and family, small pets permitted, convenient access to public transit as well as ample visitor parking. Call today to book your viewing in one's of Collingwood's most desirable mature lifestyle developments! (id:66096)

Property Details

MLS®: S12828326
Property Type: Single Family
Zoning: R6
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: $1,004/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,960/yr
Listed: 250 days ago

Rooms

Main level

Primary Bedroom: 5.32 x 4.02 meters
Bedroom: 4.36 x 3.95 meters
Kitchen: 2.68 x 2.7 meters
Living room: 5.54 x 3.9 meters
Dining room: 3.45 x 3.59 meters
Laundry room: 1.64 x 1.58 meters
Bathroom: 2.64 x 1.5 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, Stove, Dryer, Window Coverings, Garage door opener remote(s)
Exterior: Stucco
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

250d

Collingwood listings, avg age

74d

Price / ft²

$350

List price

$385K

Haho

This 2-bed single family in Collingwood is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX Four Seasons Realty Limited · DEREK CRESPY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $384,900, about 4.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $75,184 (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)

$384,900· $350/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,245

Min 5%50%

Mortgage payment$2,027/mo

↳ CMHC premium ($14,626 capitalized)

Property tax (est.)$247/mo

Condo fee$1,004/mo

Total monthly$3,278

Cash Needed to Close

Down payment (5%)$19,245

Land transfer tax$4,249

Est. closing costs$3,655

Total cash needed$27,149

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