420 Third Street, Collingwood, ON

$549,900
MLS#:S12225563
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 85 x 132 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

R2 Zoning allowing for a Duplex, Single Family, Semi-Detached or potential to Sever this 85 ft X 132 ft lot. All future building/lot plans to be approved by the Town of Collingwood. The existing home features 3 bed (one has been converted to a laundry room), 1 bath, one level living and is perfect for someone who may want to downsize, retirees, investors or first time buyers. Shingles replaced in 2021, hot water tank is owned and was replaced 2-3 years ago. Don't miss out on your chance to capitalize on this property with Mountainview Elementary and Centennial Park (indoor swimming, baseball diamonds, basketball, community gardens) just steps away. You are also only blocks away from all the great restaurants on First Street. Buyer to do own due diligence regarding R2 Zoning, allowable uses and any severance potential.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 29, 2025
Sold price information is available to members only
Listed Date6/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size85 × 132 Feet
CountySimcoe
Annual Tax$2,453
Legal DescriptionPT LT 31 E/S SPRUCE ST PL 73 COLLINGWOOD; PT LT 32 E/S SPRUCE ST PL 73 COLLINGWOOD AS IN RO612103; S/T EXECUTION 79-02239, IF ENFORCEABLE; S/T EXECUTION 80-01054, IF ENFORCEABLE; COLLINGWOOD

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Level, Public Transit, Rec./Commun.Centre, School, Skiing

Community Features

Location

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420 Third Street, Collingwood, ON
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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 420 Third Street, Collingwood, ON L9Y 1M1

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$439,920
Monthly Mortgage$2,556
Property Tax (Est.)$204
Utilities & Maint.$350
Total Monthly Cost$3,110

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Collingwood, Collingwood.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$836,820

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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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.