$394,999

For sale

#502 24 Ramblings Way, Collingwood - Single Family for Sale

#502 24 Ramblings Way, Collingwood, Ontario, L9Y5S7

1 bed2 baths1 parking1,100 ft²$971/mo condo feeListed 45 days ago

Overview

This 1-bedroom, 2-bathroom condo in Collingwood is for sale offering roughly 1,100 sq ft of space. Listed at $394,999, it is attractively priced about 30% below the $562,500 median asking price in Collingwood. It has been on the market 45 days, fresher than the Collingwood average of 73 days.

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Description

An exceptional opportunity to enjoy the Georgian Bay lifestyle at an incredible price! Offered at just $394,999, this spacious condo at Rupert's Landing combines comfortable, low-maintenance living with an outstanding four-season recreational setting right on Georgian Bay. Relax on the enclosed three-sided balcony and take in the panoramic views, or step outside and enjoy a community designed for an active lifestyle, with an indoor pool, tennis, pickle ball, recreation facilities and marina. Beyond your doorstep, Blue Mountain skiing, golf, cycling, mountain biking, the Bruce Trail, Georgian Trail and beautiful Georgian Bay beaches are all within easy reach. Shopping, dining, entertainment and hospital services are also just minutes away. Whether you're looking for a full-time home or a carefree four-season retreat, this is a wonderful opportunity to embrace everything the Collingwood and Blue Mountain area has to offer-without the luxury price tag. Originally configured as a two-bedroom, this unit offers the potential to be converted back to a two-bedroom if desired. (id:66096)

Property Details

MLS®: S13807064
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Central air conditioning
Garage: Garage
Waterfront: Yes
Condo Fee: $971/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,515.8/yr

Rooms

Main level

Living room: 3.54 x 2.99 meters
Dining room: 3.57 x 2.77 meters
Kitchen: 3.05 x 2.13 meters
Bedroom: 5.18 x 3.54 meters
Utility room: 1.7 x 1.22 meters
Den: 3.51 x 3.51 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, Window Coverings, Water Heater
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick
Lot Features: Wooded area, Flat site, Lighting, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Collingwood listings, avg age

73d

Price / ft²

$359

List price

$395K

Haho

This 1-bed single family in Collingwood has been listed for 45 days, which is 28 days fresher than the city average of 73. Act while there is still low competition.

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Listed by RE/MAX By The Bay Brokerage · IDA WARREN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Y)

This home lists at $394,999, about 4.6× the local median household income of $85,000.

Carrying it typically needs a household income of about $77,157 (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)

$394,999· $359/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,749.95

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$210/mo

Condo fee$971/mo

Total monthly$3,262

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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