216 Cedar Street, Collingwood, ON
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,575,000 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.
- 9 Bedrooms and 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 66.42 x 164.99 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Capability
- Efficient baseboard heating via electric
Description
Nestled on one of Collingwood's most desirable Tree Streets, this distinguished century home presents a rare opportunity to own a landmark property just steps from downtown, Georgian Bay, parks, and trails. Rich in character and timeless appeal, the home sits on an exceptional, private lot with mature trees, extensive outdoor space, and a detached two-car garage. Whether your vision is to restore this property into one of Collingwood's most prestigious single-family residences or explore the potential for other permitted uses, the possibilities are inspiring. The home has a history of operating as a bed and breakfast, and purchasers may wish to investigate the potential for a future bed and breakfast or other uses, subject to all municipal approvals, zoning requirements, licensing, and their own independent due diligence. With generous living spaces, classic architectural details, and an unbeatable location in one of the town's most sought-after neighbourhoods, this is a property where vision, creativity, and thoughtful restoration can create something truly extraordinary. Opportunities like this are increasingly rare in the heart of Collingwood.
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Accessory Apartment, In-Law Capability
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 216 Cedar Street, Collingwood, ON L9Y 3A8
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 $1,575,000 in Collingwood, the legal minimum down payment is $315,000 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 $27,975 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 $27,975.
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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.