1 Hume Street, Collingwood, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 2.0 total parking spaces available with a convenient other configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
SELLER TO COVER CONDO FEES FOR THE FIRST YEAR! Experience elevated penthouse living with sweeping views of Georgian Bay, showcased from both the living area and bedrooms. This exceptional residence offers soaring 13-foot ceilings and 8-foot doors, creating a sense of grandeur while maintaining an open, bright, and airy feel throughout. Designed for both comfort and style, the space flows seamlessly to an expansive private balcony-perfect for relaxing or entertaining against a stunning natural backdrop with it's own BBQ on patio. This penthouse unit comes with two uderground parking space, and a locker as well as ample guest parking available outside. Located in the prestigious Monaco building, residents enjoy access to premium amenities including a rooftop terrace, elegant function room, and a state-of-the-art fitness centre with inspiring views of the escarpment. A vibrant social atmosphere with curated resident events enhances the lifestyle offering.Situated in the heart of downtown Collingwood, you're steps to boutique shops, galleries, and top-rated restaurants, as well as the beautiful shoreline of Georgian Bay. Outdoor enthusiasts will appreciate being just minutes from ski hills, scenic trails, and renowned golf courses.This is turnkey, low-maintenance luxury living, ideal for the sophisticated buyer seeking convenience, community, and year-round recreation in one of Ontario's most sought-after destinations.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1 Hume Street PH 601, Collingwood, ON L9Y 0X3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Collingwood, ON
For a property listed at $999,000 in Collingwood, the legal minimum down payment is $74,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,455 for this transaction. As this listing is in Collingwood (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,455.
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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.