396 Walnut Street, Collingwood, ON

$689,000
MLS#:S11916224
4 beds
2 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 60.59 x 116.53 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Sump Pump
  • equipped with ["wall unit(s)"] central cooling and highly efficient baseboard heating via electric

Fantastic Opportunity! This spacious, well-maintained raised bungalow offers excellent income potential with a fully self-contained in-law suite with separate entrance. The upper level includes 2 bedrooms, a den and separate 4-piece bathroom, in-suite laundry, and sliding glass doors that open from the den to a deck and a private, treed fenced backyard. The recently renovated lower level boasts a self-contained 2-bedroom in-law suite with a separate entrance, split wall heating/cooling unit, open floor plan living/recreation room and a spacious eat-in kitchen and laundry room with laundry tub. Additional features include: Recent upgrades in the last 5 months include: new garage door, all 5 new basement windows, tree removal on side of driveway, repaint all the basement living areas and professionally cleaned the basement carpets. Other improvements in the last approx. 5 years or less are newer stacking clothes washer/dryer and refrigerator (in spring 2023) on the main floor, a new roof and eaves troughs (2021)and a sump pump with back-up battery installed. Featuring a large, private fully fenced yard with deck and parking for up to 4 cars on the private driveway and 1 in the garage. Centrally located in the west side of Collingwood for convenience to all shopping, banks, restaurants and services, schools, public pool, parks and public transportation . This home is perfect for first-time buyers, investors, or those seeking a dual-purpose property. Rent for the upper main floor $2073.31 including utilities. Speak to the municipality in regards to the opportunities for changing this property into a legal apartment in the basement. It is not a legal duplex at this time.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 23, 2025
Sold price information is available to members only
Listed Date1/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size60.59 × 116.53 Feet
CountySimcoe
Annual Tax$3,432.34
Legal DescriptionPT LT 33 S/S SEVENTH ST PL 45 COLLINGWOOD; PT LT 34 S/S SEVENTH ST PL 45 COLLINGWOOD PT 2, 51R14361; COLLINGWOOD

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Wall Unit(s)"]

Features

Property Features

Golf, Hospital, Marina, Rec./Commun.Centre, School, Skiing

Community Features

Location

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396 Walnut Street, Collingwood, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Collingwood, Collingwood.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$786,212

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mountain View
Public300 Spruce Street, Collingwood, Ontario, L9Y 3H1
7.5
Cameron Street
Public575 Cameron Street, Collingwood, Ontario, L9Y 2J4
5.6
Connaught
Public300 Peel Street, Collingwood, Ontario, L9Y 3W2
5.7
St Mary's
Public18 Saunders Street, Collingwood, Ontario, L9Y 0G2
6.0
Admiral Collingwood
Public15 Dey Drive, Collingwood, Ontario, L9Y 4N9
6.8

Secondary Schools

Collingwood
Public6 Cameron Street, Collingwood, Ontario, L9Y 2J2
6.5
Jean Vanier
Public160 Collins Street, Collingwood, Ontario, L9Y 4R1
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 396 Walnut Street, Collingwood, ON L9Y 4C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$551,200
Monthly Mortgage$3,203
Property Tax (Est.)$286
Utilities & Maint.$350
Total Monthly Cost$3,839

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Collingwood.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.