594 Oak Street, Collingwood, ON
Property Highlights
Welcome to this remarkable Sidesplit detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $779,000 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 700-1100 sqft on a premium 82.5 x 132 ft lot
- Features a finished 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 Capability, In-Law Suite, Water Heater Owned
- equipped with central air, wall unit(s) central cooling and highly efficient baseboard heating via gas
Description
Prime Investment Opportunity with Incredible Upside! Whether you're an investor, developer, or buyer looking for future potential, this property checks every box. Renovate, redevelop, sever and build, or simply enjoy the oversized lot-this is a rare opportunity with exceptional flexibility and long-term value. The home offers 3 bedrooms on the upper level plus a lower-level suite with a separate bedroom, making it ideal for multi-generational living, extended family, or additional income potential. Additional features include an attached garage, on-demand hot water, and efficient hot water radiant heating throughout. Situated on a substantial 82' x 132' fully fenced lot, there's plenty of room to explore future development possibilities, create your dream backyard with a pool and outdoor entertaining space, or pursue the property's exciting severance potential. Ideally located close to schools, parks, trails, and just minutes from the vibrant downtown core with its shops, restaurants, and everyday amenities. Attention developers and savvy investors-opportunities like this on a premium lot in such a desirable, family-friendly neighbourhood are becoming increasingly rare!
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In-Law Capability, In-Law Suite, Water Heater Owned
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Pricing & Value Insights
Data-driven valuation for 594 Oak Street, Collingwood, ON L9Y 2Z1
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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 $779,000 in Collingwood, the legal minimum down payment is $52,900 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 $12,055 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 $12,055.
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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.