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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,149,000 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.
Monaco - Spectacular panoramic views of Georgian Bay, the Collingwood Terminals and Downtown core.This stunning Penthouse Suite, located on the 6th Floor of the Elegant Monaco building, features 2bedrooms, 2 bathrooms and a Den totalling approx. 1,207 sq. ft. Enjoy the views from your private terrace with convenient water and gas connections, only available to select units. With approx. $63,000 in upgrades including porcelain and marble tile, quarts counters, engineered hardwood flooring and premium porcelain slab fireplace. One Underground parking space with option to purchase a second. Premium storage locker. Relax or entertain on the magnificent rooftop terrace with secluded BBQ areas, fire pit and water feature. A state-of-the-art rooftop fitness centre and multi-purpose lounge with kitchen, the list of features goes on - a must see. 2024-2025 Budget to be determined, condo fees subject to change and being recalculated.
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Data-driven valuation for 1 HUME Street PH 603, Collingwood, ON L9Y 0X3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Collingwood.
About Purchasing a Home in Collingwood, ON
For a property listed at $1,149,000 in Collingwood, the legal minimum down payment is $229,800 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 $19,455 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 $19,455.
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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.