420 Third Street, Collingwood, ON

$549,900
MLS#:S12225563
3 beds
1 baths
700-1100 sqft
3.0 parking
Residential Freehold
420 Third Street, Collingwood, ON L9Y 1M1
⚠️

Property no longer active

This property was sold on September 29, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 85 x 132 ft lot
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned
  • Efficient forced air heating via gas

Description

R2 Zoning allowing for a Duplex, Single Family, Semi-Detached or potential to Sever this 85 ft X 132 ft lot. All future building/lot plans to be approved by the Town of Collingwood. The existing home features 3 bed (one has been converted to a laundry room), 1 bath, one level living and is perfect for someone who may want to downsize, retirees, investors or first time buyers. Shingles replaced in 2021, hot water tank is owned and was replaced 2-3 years ago. Don't miss out on your chance to capitalize on this property with Mountainview Elementary and Centennial Park (indoor swimming, baseball diamonds, basketball, community gardens) just steps away. You are also only blocks away from all the great restaurants on First Street. Buyer to do own due diligence regarding R2 Zoning, allowable uses and any severance potential.

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Property Summary

This detached home located at 420 Third Street, Collingwood is currently for sale and has been available on SousaSells for 416 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 420 Third 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 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Collingwood, Collingwood.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-1100 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Collingwood.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 29, 2025
Sold price information is available to members only
Listed Date6/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size85 × 132 Feet
CountySimcoe
Annual Tax$2,453
Legal DescriptionPT LT 31 E/S SPRUCE ST PL 73 COLLINGWOOD; PT LT 32 E/S SPRUCE ST PL 73 COLLINGWOOD AS IN RO612103; S/T EXECUTION 79-02239, IF ENFORCEABLE; S/T EXECUTION 80-01054, IF ENFORCEABLE; COLLINGWOOD

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Level
  • Public Transit
  • Rec./Commun.Centre
  • School
  • Skiing

Interior Features

  • Primary Bedroom - Main Floor
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 420 Third Street, Collingwood, ON

Q.What is the asking price for 420 Third Street, Collingwood, ON ?

The current listing price for 420 Third Street, Collingwood, ON in Collingwood, Collingwood is $549,900.

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

This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.

Q.What property type and architectural style is 420 Third Street, Collingwood, ON ?

420 Third Street, Collingwood, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 420 Third Street, Collingwood, ON offer?

Key property features include: Level, Public Transit, Rec./Commun.Centre, School, Skiing.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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420 Third 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 420 Third Street, Collingwood, ON L9Y 1M1

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$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Collingwood, ON

For a property listed at $549,900 in Collingwood, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

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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.