107 EIGHTH Street, Collingwood, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Collingwood. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $299,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 40 x 165 ft lot size
- 2.0 total parking spaces available
Description
Nestled on a generous 40 ft x 165 ft in-town lot, this property presents an exceptional opportunity for builders, investors, and those dreaming of a custom home. The existing dwelling has been substantially demolished and is being sold primarily as a land-value opportunity, offering a blank canvas for your next project. Whether you're envisioning a custom home or exploring the potential for a triplex or fourplex (buyer to complete their own due diligence regarding permitted uses and approvals), the possibilities are exciting. The lot is fully serviced, with utility disconnections already completed, helping reduce upfront preparation costs. An added bonus is the potential savings on development charges associated with the existing structure, subject to municipal policies and buyer verification. The NVCA regulated area extends across only a small portion of the rear of the property. Previous NVCA approval was granted for a 3,200 sq. ft. home (buyer to verify and complete their own due diligence). Existing renderings can be provided to the successful buyer, offering a valuable head start on the design process. A rare chance to secure a deep in-town lot at an attractive price and bring your vision to life.
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Property Summary
This vacant land located at 107 EIGHTH Street, Collingwood is currently for sale and has been available on SousaSells for 4 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 107 EIGHTH Street, Collingwood is in the Collingwood neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Collingwood, Collingwood.
- •Desirable Vacant Land architecture in Collingwood, Collingwood
- •Convenient parking space for 2.0 vehicles
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Fenced Yard
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 107 EIGHTH Street, Collingwood, ON
Q.What is the asking price for 107 EIGHTH Street, Collingwood, ON ?
The current listing price for 107 EIGHTH Street, Collingwood, ON in Collingwood, Collingwood is $299,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 107 EIGHTH Street, Collingwood, ON ?
107 EIGHTH Street, Collingwood, ON is a Vacant Land () featuring a basement.
Q.What key property features does 107 EIGHTH Street, Collingwood, ON offer?
Key property features include: Fenced Yard.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 107 EIGHTH Street, Collingwood, ON L9Y 2C6
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 $299,900 in Collingwood, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.
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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.