396 Walnut Street, Collingwood, ON

$689,000
MLS#:S11916224
4 beds
2 baths
2000-2500 sqft
5.0 parking
Residential Freehold
396 Walnut Street, Collingwood, ON L9Y 4C7
⚠️

Property no longer active

This property was sold on April 23, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 60.59 x 116.53 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Primary Bedroom - Main Floor, Sump Pump
  • equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric

Description

Fantastic Opportunity! This spacious, well-maintained raised bungalow offers excellent income potential with a fully self-contained in-law suite with separate entrance. The upper level includes 2 bedrooms, a den and separate 4-piece bathroom, in-suite laundry, and sliding glass doors that open from the den to a deck and a private, treed fenced backyard. The recently renovated lower level boasts a self-contained 2-bedroom in-law suite with a separate entrance, split wall heating/cooling unit, open floor plan living/recreation room and a spacious eat-in kitchen and laundry room with laundry tub. Additional features include: Recent upgrades in the last 5 months include: new garage door, all 5 new basement windows, tree removal on side of driveway, repaint all the basement living areas and professionally cleaned the basement carpets. Other improvements in the last approx. 5 years or less are newer stacking clothes washer/dryer and refrigerator (in spring 2023) on the main floor, a new roof and eaves troughs (2021)and a sump pump with back-up battery installed. Featuring a large, private fully fenced yard with deck and parking for up to 4 cars on the private driveway and 1 in the garage. Centrally located in the west side of Collingwood for convenience to all shopping, banks, restaurants and services, schools, public pool, parks and public transportation . This home is perfect for first-time buyers, investors, or those seeking a dual-purpose property. Rent for the upper main floor $2073.31 including utilities. Speak to the municipality in regards to the opportunities for changing this property into a legal apartment in the basement. It is not a legal duplex at this time.

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Property Summary

This detached home located at 396 Walnut Street, Collingwood is currently for sale and has been available on SousaSells for 575 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 4 beds, 2 bathrooms, and is 2000-2500 square feet. 396 Walnut 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?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Collingwood, Collingwood.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Collingwood, Collingwood.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 23, 2025
Sold price information is available to members only
Listed Date1/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFinished, Separate Entrance
Lot Size60.59 × 116.53 Feet
CountySimcoe
Annual Tax$3,432.34
Legal DescriptionPT LT 33 S/S SEVENTH ST PL 45 COLLINGWOOD; PT LT 34 S/S SEVENTH ST PL 45 COLLINGWOOD PT 2, 51R14361; COLLINGWOOD

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

  • Golf
  • Hospital
  • Marina
  • Rec./Commun.Centre
  • School
  • Skiing

Interior Features

  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Sump Pump
  • Water Heater
  • Water Meter
  • Separate Heating Controls

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 396 Walnut Street, Collingwood, ON

Q.What is the asking price for 396 Walnut Street, Collingwood, ON ?

The current listing price for 396 Walnut Street, Collingwood, ON in Collingwood, Collingwood is $689,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 396 Walnut Street, Collingwood, ON ?

396 Walnut Street, Collingwood, ON is a Detached (Bungalow-Raised) featuring a Finished, Separate Entrance basement.

Q.What key property features does 396 Walnut Street, Collingwood, ON offer?

Key property features include: Golf, Hospital, Marina, Rec./Commun.Centre, School, Skiing.

Q.What interior features are included in this home?

Interior highlights include: In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Water Heater, Water Meter, Separate Heating Controls.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Wall Unit(s).

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396 Walnut Street, 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 396 Walnut Street, Collingwood, ON L9Y 4C7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$206,700 (30.0%)
* Minimum Canadian down payment required for this price is $43,900.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,300 over 30 years.
Purchase Price$689,000
Loan Amount$482,300
Provincial Land Transfer Tax:$10,255
Total Estimated Closing Taxes:$10,255

About Purchasing a Home in Collingwood, ON

For a property listed at $689,000 in Collingwood, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.

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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.