172 Eighth Street, Unit 316, Collingwood, ON

$494,500
MLS#:S12378828
2 beds
1 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
172 Eighth Street 316, Collingwood, ON L9Y 4T2
⚠️

Property no longer active

This property was sold on September 24, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $494,500 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 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This unit is now ready for occupancy. Beautifully updated 2 bedroom unit in The Galleries building. Looking to simplify without giving up the things you love? Carefree Living in the Heart of Collingwood. Welcome to this well-managed building offers exceptional amenities, including a welcoming on-site concierge, underground parking with your own storage locker, fitness room, sauna, games room, library, and a newly renovated party room. Have overnight guests? Book them into the convenient guest suite. A beautifully maintained home, just minutes from downtown Collingwood. Enjoy easy access to local shops, restaurants, walking trails and when you're in the mood for some fun, the beach is just 5 minutes away, and Blue Mountain is only 10. Forget about shoveling snow or scraping ice, your car stays warm and dry with underground parking. The building offers a relaxed, friendly atmosphere. After a day out, head to your private balcony and take in the beautiful sunset, it is the perfect place to unwind. In the winter, enjoy clear views of Blue Mountain through the trees with the evening lights shining bright, truly beautiful in every season. Whether you're downsizing or just looking for low-maintenance living, The Galleries is a perfect choice with easy, no-stress living in a community that feels like home. Such a great place to call home. Heating, central air, water, parking, amenities all included in the monthly maintenance fee.

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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 337 days. This property is listed at $494,500 with an estimated mortgage of $1,646* per month. It has 2 beds, 1 bathroom, and is 1200-1399 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.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Collingwood, Collingwood.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Collingwood.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 24, 2025
Sold price information is available to members only
Listed Date9/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionStucco (Plaster)
BasementNone
CountySimcoe
Annual Tax$2,937

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 172 Eighth Street, Unit 316, Collingwood, ON

Q.What is the asking price for 172 Eighth Street, Unit 316, Collingwood, ON ?

The current listing price for 172 Eighth Street, Unit 316, Collingwood, ON in Collingwood, Collingwood is $494,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 1200-1399 sqft.

Q.What property type and architectural style is 172 Eighth Street, Unit 316, Collingwood, ON ?

172 Eighth Street, Unit 316, Collingwood, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

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 Gas and cooling via Central Air.

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172 Eighth Street, Unit 316, 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 172 Eighth Street 316, Collingwood, ON L9Y 4T2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Collingwood.

Configure Loan Settings

Interest Rate4.00%
Down Payment$148,350 (30.0%)
* Minimum Canadian down payment required for this price is $24,725.
Amortization Period30 Years
Estimated Monthly Payment$1,646Based on a loan of $346,150 over 30 years.
Purchase Price$494,500
Loan Amount$346,150
Provincial Land Transfer Tax:$6,365
Total Estimated Closing Taxes:$6,365

About Purchasing a Home in Collingwood, ON

For a property listed at $494,500 in Collingwood, the legal minimum down payment is $24,725 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 $6,365 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 $6,365.

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Collingwood, Collingwood 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$927,003

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%

Best Schools in Collingwood, Collingwood

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

Collingwood, Collingwood Demographic Home information

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.