572 Spruce Street, Collingwood, ON

$699,000
MLS#:S12326533
4 beds
2 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 35 x 100 ft lot
  • Features a ["finished", "full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Carpet Free, In-Law Suite, Separate Heating Controls
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 572 Spruce Street, a beautifully maintained raised bungalow offering versatility and income potential ideal for first-time buyers or investors. Perfect for owner occupancy or renting out at $2,300/month. The fully furnished 1-bedroom, 1-bath in-law suite is move-in ready and can be rented for $1,800/month, providing instant cash flow to offset your mortgage or boost investment returns. Featuring stylish vinyl flooring, abundant natural light, and recent updates, both units are low-maintenance and equipped with separate heating, cooling, and laundry for privacy and convenience. Nestled on a quiet lot with open space to one side, you're just minutes from downtown Collingwood, a short drive to Blue Mountain, and steps from trails for skiing, hiking, and biking, perfect for an active lifestyle. Key Highlights: Income Opportunity: Main unit at $2,300/month; in-law suite at $1,800/month. Turnkey Ready: Fully furnished suite and updated main unit mean no upfront work. Prime Location: Close to outdoor adventures and urban amenities. Extras Included: Paved driveway, shed for extra storage, and parking for up to four vehicles. This Collingwood gem is a smart buy for first-time homeowners looking to live affordably or investors wanting steady returns. Schedule your showing today this opportunity wont last!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 23, 2025
Sold price information is available to members only
Listed Date8/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick Front, Vinyl Siding
Lot Size35 × 100 Feet
CountySimcoe
Annual Tax$2,937
Legal DescriptionPT LT 5 PL 1628 COLLINGWOOD PT 1 & 2, 51R15999; S/T RO396301; COLLINGWOOD

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Cul de Sac/Dead End, Golf, Hospital, Park, Skiing

Community Features

Location

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572 Spruce Street, Collingwood, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 572 Spruce Street, Collingwood, ON L9Y 4R2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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.
Financial Audit

Estimated Costs

Loan Amount$559,200
Monthly Mortgage$3,249
Property Tax (Est.)$245
Utilities & Maint.$350
Total Monthly Cost$3,844

Strategic Fiscal Clarity

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