$558,000

For sale

#422 1 Hume Street, Collingwood - Single Family for Sale

#422 1 Hume Street, Collingwood, Ontario, L9Y2M4

2 beds1 bath1 parking750 ft²$657/mo condo feeListed 80 days ago

Overview

This 2-bedroom, 1-bathroom condo in Collingwood is for sale offering roughly 750 sq ft of space. Its $558,000 asking price sits right in line with the $569,900 median in Collingwood.

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Description

Welcome to The Bright East Facing 4th Floor, Edward Suite, a 1 Bedroom Plus Den with 10ft Ceilings, Upgraded 8ft Interior Doors, an Open Concept Layout and A Large Balcony (142 SF) with Space to Lounge and Dine. The Kitchen includes Quartz Countertops with Upgraded Edges, Extended 42 Inch Upper Cabinets, a Tile Backsplash, Under Cabinet Lighting, Stainless Steel Appliances and a Breakfast Bar, a Walk-In Closet in the Bedroom and In Suite Full Sized Laundry Units. The Condo comes with One Parking Space equipped with Bike Rack for 2, a Storage Locker in Heated Locker Room. Come Experience Luxurious Living at Monaco Condo in Downtown Collingwood where you will delight in a Wealth of Exclusive Amenities. Relax or Entertain on the magnificent Rooftop Terrace with Secluded BBQ areas, Fire Pit, Water Feature and Al Fresco Dining while taking in the Breathtaking Panoramic views of Downtown Collingwood, Blue Mountain and Georgian Bay. Other Amenities include a Rooftop Fitness Centre with Mountainview a Gorgeous Party Room. Enjoy an Easy Lifestyle with Shops, Restaurants and the Georgian Bay Waterfront all within walking distance. (id:66096)

Property Details

MLS®: S13686644
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $657/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,376.04/yr
Listed: 80 days ago

Rooms

Flat

Living room: 3.45 x 3.28 meters
Dining room: 3.45 x 3.28 meters
Kitchen: 3.12 x 2.16 meters
Bedroom: 3.25 x 3.1 meters
Den: 2.6 x 2.56 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, Garage door opener remote(s)
Exterior: Brick
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

80d

Collingwood listings, avg age

74d

Price / ft²

$744

List price

$558K

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 iCloud Realty Ltd. · CONNIE ARRUDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $558,000, about 6.6× the local median household income of $85,000.

Carrying it typically needs a household income of about $108,997 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$558,000· $744/ft²

For sale

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Full Cost Breakdown

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Down Payment5.52% · $30,800

Min 5.52%50%

Mortgage payment$2,923/mo

↳ CMHC premium ($21,088 capitalized)

Property tax (est.)$198/mo

Condo fee$657/mo

Total monthly$3,778

Cash Needed to Close

Down payment (5.52%)$30,800

Land transfer tax$7,635

Est. closing costs$4,174

Total cash needed$42,609

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