591 Oak Street, Collingwood, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $599,999 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 52.5 x 121.5 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome Home to one of the nicest neighbourhoods in Collingwood! This lovely bungalow is located in the beautiful "Tree Streets" community. This 2 bedroom, 2 bathroom home is full of character and light, with original hardwood on the main level and new laminate in the large, lower level family/recreation room, with cozy gas fireplace. The beautiful corner lot is 121 feet deep, fully fenced with no sidewalks. Mature trees, perennial gardens and 2 garden sheds. Carport and circular driveway for convenience. Ideal for first time homebuyers and just steps away from Downtown Collingwood and minutes to all that Southern Georgian Bay's year round lifestyle has to offer!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 591 Oak Street, Collingwood, ON L9Y 2Z2
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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 $599,999 in Collingwood, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.
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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.