442 Hume Street, Collingwood, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $485,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 66.02 x 165.13 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Primary Bedroom - Main Floor
- Efficient forced air heating via gas
Description
Welcome to 442 Hume Street in Collingwood, a charming 1-bedroom, 1-bathroom detached home situated on a large in-town lot with plenty of potential. The home offers a functional layout with comfortable living space, while a loft provides a dedicated office or flexible bonus area. At the rear of the home, a large sunroom offers additional space to relax, entertain or enjoy the backyard throughout the seasons. A partially finished basement provides further living and storage space, while the attached single-car garage adds everyday convenience. Several important updates have already been completed, including updated electrical, plumbing, windows and a durable steel roof. Conveniently located close to downtown Collingwood, shopping, schools, parks, trails and Georgian Bay, this property is an appealing option for first-time buyers, investors or those looking for a home they can continue to improve over time. Adding to its long-term value is the property's C3-4 zoning, offering commercial and redevelopment potential, including uses such as a medical office and pharmacy. With a generous lot, established residential use and flexible zoning, 442 Hume Street offers the opportunity to enjoy the property today while exploring its future potential.
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Property Summary
This detached home located at 442 Hume Street, Collingwood is currently for sale and has been available on SousaSells for 1 day. This property is listed at $485,000 with an estimated mortgage of $1,614* per month. It has 1 bed, 1 bathroom, and is 1100-1500 square feet. 442 Hume Street, Collingwood is in the Collingwood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Collingwood, Collingwood.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1100-1500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Public Transit
- School
Interior Features
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 442 Hume Street, Collingwood, ON
Q.What is the asking price for 442 Hume Street, Collingwood, ON ?
The current listing price for 442 Hume Street, Collingwood, ON in Collingwood, Collingwood is $485,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 1100-1500 sqft.
Q.What property type and architectural style is 442 Hume Street, Collingwood, ON ?
442 Hume Street, Collingwood, ON is a Detached (1 1/2 Storey) featuring a Finished basement.
Q.What key property features does 442 Hume Street, Collingwood, ON offer?
Key property features include: Hospital, Library, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Primary Bedroom - Main Floor.
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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Pricing & Value Insights
Data-driven valuation for 442 Hume Street, Collingwood, ON L9Y 1W6
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 $485,000 in Collingwood, the legal minimum down payment is $24,250 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 $6,175 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 $6,175.
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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.