Welcome to this remarkable Bungaloft condo apartment located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,179,000 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.
Experience premier penthouse living at its finest in this breathtaking 1894 sq.ft. condo offering panoramic views of the Escarpment, ski hills and the iconic Lighthouse Island. This is the tallest penthouse in this Southern Georgian Bay area - a home that truly makes a statement. Two deeded, covered parking spaces with inside entry to the building provide convenience during the rain or winter months. Here, the value of your monthly maintenance fees lies in what you gain. Water, cable, high-speed internet and premium amenities are all included, saving you thousands annually on outside services you'd pay for separately. Forget monthly gym memberships, court fees, or driving in town for recreation - everything is right here. Enjoy the marina, indoor pool, sauna, tennis, pickleball, squash, fitness centre plus social lounges and more. This is a home designed for those who value comfort and a worry-free lifestyle. Every season brings a new masterpiece outside your window; snow covered ski hills glowing at night, the fiery colors of autumn across the escarpment, and the shimmering blues of summer water. Inside the penthouse is just as impressive as the views. Floor-to-ceiling windows in the living room and bedrooms flood the space with natural light and frame the changing scenery like works of art. The open-concept kitchen, dining and living areas are perfect for entertaining, complete with a Napoleon gas fireplace and seamless access to one of two spacious decks. The primary suite feels like a retreat of its own, offering a private deck, gas fireplace in the office/sitting area, a spacious walk-in closet, and a beautifully updated 3 pc ensuite. The guest bedroom captures the western sunsets while a versatile loft space, reached by a circular staircase off the dining room is ideal as a home office, yoga studio or quiet hideaway. This is a rare opportunity to own a home that simplifies life, while offering the best of Collingwood living.
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Clear View, Lake Access, Marina, Public Transit, Rec./Commun.Centre, Waterfront
Air Exchanger, Built-In Oven, Countertop Range, Intercom, Floor Drain, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage Area Lockers, Water Heater, Ventilation System
Alarm System, Carbon Monoxide Detectors, Monitored, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 24 Ramblings Way 1001, Collingwood, ON L9Y 5C6
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 $1,179,000 in Collingwood, the legal minimum down payment is $235,800 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 $20,055 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 $20,055.
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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.