47 Market Street, Collingwood, ON
Property Highlights
Welcome to this remarkable 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 $689,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 66.66 x 145.2 ft lot
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Literal steps from downtown Collingwood, this C1-zoned property presents a rare opportunity in one of the area's most desirable locations.Currently used as a three-bedroom, one-and-a-half-bath residence, the property offers flexibility for a variety of future residential or commercial uses. Set on a generous 66' x 145' lot, the home is ready for its next chapter and offers excellent potential for renovation or redevelopment. A detached 24x32 triple-car garage with an unfinished studio space provides additional space for storage, a workshop, studio, office, or future expansion, subject to applicable approvals.Whether you're searching for a home, a business location, or an investment with long-term potential, this is an opportunity to secure a versatile property within walking distance of everything downtown Collingwood has to offer.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 47 Market Street, Collingwood, ON L9Y 3M5
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 $689,000 in Collingwood, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.
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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.