642 Oak Street, Collingwood, ON
Property no longer active
This property was sold on September 25, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 70 x 102 ft lot
- Features a walk-up, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: In-Law Capability, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Lots of potential in this raised bungalow at 642 Oak Street in Collingwood, located steps to Cameron Elementary School, CCI High School and the Trail system right around the corner. The home sits on a 70 X 102 foot lot and features separate hydro bills and offers great potential for an in-law suite or accessory apartment with the walk-up from the basement to the backyard. The main floor is highlighted with 3 bedrooms, 4pc bath and lots of natural light. The basement features an additional two bedrooms, rec room space with gas fireplace, dining area, kitchen, 4pc bath and lots of storage space. Don't miss your chance to jump on this opportunity.
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Property Summary
This detached home located at 642 Oak Street, Collingwood is currently for sale and has been available on SousaSells for 689 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 642 Oak Street, Collingwood is in the Collingwood neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Collingwood, Collingwood.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Collingwood, Collingwood.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Level
- Public Transit
Interior Features
- In-Law Capability
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 642 Oak Street, Collingwood, ON
Q.What is the asking price for 642 Oak Street, Collingwood, ON ?
The current listing price for 642 Oak Street, Collingwood, ON in Collingwood, Collingwood is $499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 642 Oak Street, Collingwood, ON ?
642 Oak Street, Collingwood, ON is a Detached (Bungalow-Raised) featuring a Walk-Up, Full basement.
Q.What key property features does 642 Oak Street, Collingwood, ON offer?
Key property features include: Level, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 642 Oak Street, Collingwood, ON L9Y 2Z8
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 $499,900 in Collingwood, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.