572 Spruce Street, Collingwood, ON

$699,000
MLS#:S12326533
4 beds
2 baths
700-1100 sqft
4.0 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 front and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 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 700-1100 sqft on a premium 35 x 100 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free, In-Law Suite, Separate Heating Controls
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 572 Spruce Street, a beautifully maintained raised bungalow offering versatility and income potential ideal for first-time buyers or investors. Perfect for owner occupancy or renting out at $2,300/month. The fully furnished 1-bedroom, 1-bath in-law suite is move-in ready and can be rented for $1,800/month, providing instant cash flow to offset your mortgage or boost investment returns. Featuring stylish vinyl flooring, abundant natural light, and recent updates, both units are low-maintenance and equipped with separate heating, cooling, and laundry for privacy and convenience. Nestled on a quiet lot with open space to one side, you're just minutes from downtown Collingwood, a short drive to Blue Mountain, and steps from trails for skiing, hiking, and biking, perfect for an active lifestyle. Key Highlights: Income Opportunity: Main unit at $2,300/month; in-law suite at $1,800/month. Turnkey Ready: Fully furnished suite and updated main unit mean no upfront work. Prime Location: Close to outdoor adventures and urban amenities. Extras Included: Paved driveway, shed for extra storage, and parking for up to four vehicles. This Collingwood gem is a smart buy for first-time homeowners looking to live affordably or investors wanting steady returns. Schedule your showing today this opportunity wont last!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 23, 2025
Sold price information is available to members only
Listed Date8/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick Front, Vinyl Siding
Lot Size35 × 100 Feet
CountySimcoe
Annual Tax$2,937
Legal DescriptionPT LT 5 PL 1628 COLLINGWOOD PT 1 & 2, 51R15999; S/T RO396301; COLLINGWOOD

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Cul de Sac/Dead End, Golf, Hospital, Park, Skiing

Community Features

Location

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572 Spruce 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 572 Spruce Street, Collingwood, ON L9Y 4R2

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$559,200
Monthly Mortgage$3,249
Property Tax (Est.)$245
Utilities & Maint.$350
Total Monthly Cost$3,844

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$837,109

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.