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 $349,900 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.
UNDERGROUND PARKING FOR UNDER $350K! You will not find a cheaper unit in Collingwood with underground parking. Next winter could be so much easier here at the Galleries, no shoveling a warm clean car in the underground parking and many friends right here in the building. Affordable Elegance at The Galleries Collingwood's Hidden Gem. Step into comfort and convenience in one of Collingwood's most desirable addresses. The Galleries. This spacious 2-bedroom, 1-bath condo offers breathtaking views of the escarpment and unforgettable sunsets, all from the warmth of your own home. Features you'll love. Generously sized rooms, including a versatile laundry/storage space, Underground parking spot #82 and ground-level locker #505, Pet-friendly building (size restrictions apply). Condo fees Include covering water, sewer, heat, and A/C. New concierge service for added ease, rentable guest suite for visiting friends and family Library/community room for quiet moments or social gatherings. Fitness centre and sauna to keep you refreshed year-round. This is the most affordable unit in the building perfect for down-sizers or anyone seeking a low-maintenance lifestyle in a vibrant community. Ready for occupancy before the snow flies, so you can settle in just in time for winter coziness. location, lifestyle, and value all in one. Don't miss your chance to own at The Galleries. Schedule your viewing today!
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Data-driven valuation for 172 Eighth Street 505, Collingwood, ON L9Y 4T2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Collingwood.
About Purchasing a Home in Collingwood, ON
For a property listed at $349,900 in Collingwood, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.