87 THIRD Street, Collingwood, ON

$999,000
MLS#:S10895560
2 beds
4 baths
1500-2000 sqft
2.0 parking
Residential Freehold
87 THIRD Street, Collingwood, ON L9Y 1K6
⚠️

Property no longer active

This property was sold on September 18, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $999,000 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.

  • 2 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 61.68 x 133.03 ft lot
  • Features a partially finished, partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Meter, Water Heater, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fabulous prime location in downtown Collingwood on a much sought after street where you can walk to the Farmers Market, shops, restaurants, Collingwood marina/harbour, services and the many connecting walking/biking trails this area has to offer. The screened in porch and private back yard lets you think you are at the cottage. The home features a single car garage, 2 bedrooms, 2 full baths and 2 - 2pc bathrooms with the ability to create an in-law suite with a separate entrance. The main floor primary bedroom and ensuite make main floor living an easy choice. The cozy living room has expansive windows across the back with sliding doors to an oversized deck for entertaining or just sitting and enjoying reading and relaxing in a soft cushy chair. A large dining room adjoins the kitchen with a convenient door to the 3 season screened-in back porch for many hours of entertaining friends and family, playing cards and enjoying many meals together. Renovated in 2010 with permit (Closed). New A/C and furnace in 2016, new water heater in 2023, new roof in 2019. You are just a short drive to the many golf courses, ski hills and Blue Mountain Village with its many entertainment venues and activities.

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Property Summary

This detached home located at 87 THIRD Street, Collingwood is currently for sale and has been available on SousaSells for 773 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 2 beds, 4 bathrooms, and is 1500-2000 square feet. 87 THIRD Street, Collingwood is in the Collingwood neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Collingwood, Collingwood.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
4
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementPartially Finished, Partial Basement
Lot Size61.68 × 133.03 Feet
CountySimcoe
Annual Tax$4,327
Legal DescriptionLTS 7 & 8 N/S THIRD ST PL 222 COLLINGWOOD; PT LANE PL 222 COLLINGWOOD PT 2 51R28494; COLLINGWOOD

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf
  • Hospital

Interior Features

  • Water Meter
  • Water Heater
  • Sump Pump

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 87 THIRD Street, Collingwood, ON

Q.What is the asking price for 87 THIRD Street, Collingwood, ON ?

The current listing price for 87 THIRD Street, Collingwood, ON in Collingwood, Collingwood is $999,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 87 THIRD Street, Collingwood, ON ?

87 THIRD Street, Collingwood, ON is a Detached (1 1/2 Storey) featuring a Partially Finished, Partial Basement basement.

Q.What key property features does 87 THIRD Street, Collingwood, ON offer?

Key property features include: Golf, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Water Meter, Water Heater, Sump Pump.

Q.What security features are installed at 87 THIRD Street, Collingwood, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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87 THIRD Street, Collingwood, ON

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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 87 THIRD Street, Collingwood, ON L9Y 1K6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Collingwood.

Configure Loan Settings

Interest Rate4.00%
Down Payment$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Collingwood, ON

For a property listed at $999,000 in Collingwood, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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Collingwood, Collingwood Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Collingwood, Collingwood.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$927,003

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Collingwood, Collingwood

Elementary Schools

Mountain View
Public300 Spruce Street, Collingwood, Ontario, L9Y 3H1
7.5
Cameron Street
Public575 Cameron Street, Collingwood, Ontario, L9Y 2J4
5.6
Connaught
Public300 Peel Street, Collingwood, Ontario, L9Y 3W2
5.7
St Mary's
Public18 Saunders Street, Collingwood, Ontario, L9Y 0G2
6.0
Admiral Collingwood
Public15 Dey Drive, Collingwood, Ontario, L9Y 4N9
6.8

Secondary Schools

Collingwood
Public6 Cameron Street, Collingwood, Ontario, L9Y 2J2
6.5
Jean Vanier
Public160 Collins Street, Collingwood, Ontario, L9Y 4R1
6.5

Collingwood, Collingwood Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.