23 Silver Creek Drive, Collingwood, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Collingwood. Offering a sublime balance of structural integrity and modern aesthetic appeal, 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 100 x 273 ft lot size
Description
A rare offering in Collingwood's sought-after "Forest" neighbourhood: a severed half-acre building lot with an existing detached garage and its own separate entrance off Forest Drive. Set among mature trees on a quiet, prestigious street, it's a blank canvas to build your dream home or four-season getaway - just minutes to ski hills, private clubs, the Scandinave Spa, beaches, trails and the village. Municipal water services the neighbourhood. Buyers to complete their own due diligence with the Town of Collingwood regarding servicing, permits and building requirements (existing garage likely to be removed to build). Available on its own, or purchase in conjunction with the custom home next door at 23 Silver Creek Drive - a unique chance to secure both parcels together. Peaceful, private and full of potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Silver Creek Drive, Collingwood, ON L9Y 4W8
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 $699,000 in Collingwood, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.