56 Lorne Avenue, Collingwood, ON
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 $599,000 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
- Generous living space spanning 700-1100 sqft on a premium 132 x 51 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls
- equipped with wall unit(s) central cooling and highly efficient other heating via gas
Description
Comfortable and well maintained four bedroom raised bungalow, with approximately 1700 square feet in Collingwood. The versatile layout of this home provides great functionality and in-law capability with two good sized bedrooms, bathroom AND living space on both levels. The thoughtful design caters to growing families, couples and guests. If you don't need four bedrooms, any of the rooms could also serve as an office, playroom, den or studio. The kitchen with its combined dining area features direct access to the outside deck for summer BBQs. Additional features include gas fireplaces on each level, large windows, lots of storage, spacious living areas and on-demand water heater. The exterior features a corner lot with fenced yard, providing a secure and private outdoor oasis ideal for families with children or pets, as well as a dedicated space for summer entertaining and gardening. For the active members of your household you will find skating, swimming, fitness and an assortment of recreational activities directly across the street at the community center and arena. It doesn't get more convenient than this! (Roof 2021)
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Rec./Commun.Centre, School, Level
Interior Features
In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Sump Pump
Security Features
Community Features
Location
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 56 Lorne Avenue, Collingwood, ON L9Y 2B7
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 $599,000 in Collingwood, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.