172 Eighth Street, Unit 507, Collingwood, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $385,000 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 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
The Galleries is one of Collingwood's most popular condo developments. Quiet, comfortable living awaits you in this amenity rich building. A concierage representative meets you in the spacious entrance hall and a building manager is on-site weekdays to assist in the maintenance of the building and property. A common room/library offers a setting to many social activities that occur for the residents. The Galleries also has a fitness room, sauna, overnight guest suite, underground parking for residents and a large outdoor parking lot for guests and visitors. Unit 507 has a southwest facing balcony, ideal for morning coffee and late afternoon relaxation. This two bed/one bathroom unit has large bedrooms and an open concept kitchen/dining and living room area. The sale includes all appliances. The condo fees cover the cost of heating, air conditioning, water and underground parking, as well as the use of the common room and fitness areas. Mail service is conveniently located inside the condo building. Public transit is available close to the building. The Galleries is a wonderful place to call home!
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Property Summary
This condo apartment located at 172 Eighth Street, Collingwood is currently for sale and has been available on SousaSells for 380 days. This property is listed at $385,000 with an estimated mortgage of $1,282* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 172 Eighth Street, Collingwood is in the Collingwood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Collingwood, Collingwood.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Collingwood.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- School
Interior Features
- Water Heater
Security Features
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 172 Eighth Street, Unit 507, Collingwood, ON
Q.What is the asking price for 172 Eighth Street, Unit 507, Collingwood, ON ?
The current listing price for 172 Eighth Street, Unit 507, Collingwood, ON in Collingwood, Collingwood is $385,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1000-1199 sqft.
Q.What property type and architectural style is 172 Eighth Street, Unit 507, Collingwood, ON ?
172 Eighth Street, Unit 507, Collingwood, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 172 Eighth Street, Unit 507, Collingwood, ON offer?
Key property features include: Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.What security features are installed at 172 Eighth Street, Unit 507, Collingwood, ON ?
Security features include: Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 172 Eighth Street 507, Collingwood, ON L9Y 4T2
Based on 0 recent similar sales in the pocket.
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 $385,000 in Collingwood, the legal minimum down payment is $19,250 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 $4,250 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 $4,250.
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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.