16 WELLINGTON Street, Collingwood, ON

$614,900
MLS#:S10438302
2 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Collingwood. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $614,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 80 x 150 ft lot
  • Features a unfinished, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Very Rarely does a unique, well maintained property like this become available. Situated on the edge of Collingwood, 1 minute away from Hwy 26, steps to the bay, this house is a hidden Gem! 80x150 ft lot, with a big circular driveway, and fully fenced private back yard. As soon as you step inside you can feel the relaxed lifestyle. Starting with the welcoming four season sunroom with big windows and gas fireplace. Each room invites you to stay. Love to garden? This yard is calling you. Like to tinker? There's an oversized garage with a bonus workshop. Worth mentioning is the back up generator, air conditioning, forced air gas furnace, new roof in 2023, and very few stairs. Completely renovated in 2000. Serviced by a septic system & municipal water. Hard to find a move in ready house, on a lot this big and beautiful, with a handy attached garage, in Collingwood, at this price point. Quick close is available.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementUnfinished, Crawl Space
Lot Size80 × 150 Feet
CountySimcoe
Annual Tax$2,596.01
Legal DescriptionLT 4 PL 969 NOTTAWASAGA; COLLINGWOOD

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Fenced Yard

Interior Features

Water Heater Owned

Security Features

Alarm System, Smoke Detector

Community Features

Location

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16 WELLINGTON Street, Collingwood, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 WELLINGTON Street, Collingwood, ON L9Y 0X2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Collingwood.

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Interest Rate5.25%
Down Payment$36,490 (5.9%)
* Minimum Canadian down payment required for this price is $36,490.
Amortization Period25 Years
Estimated Monthly Payment$3,447Based on a loan of $578,410 over 25 years.
Purchase Price$614,900
Loan Amount$578,410
Provincial Land Transfer Tax:$8,773
Total Estimated Closing Taxes:$8,773

About Purchasing a Home in Collingwood, ON

For a property listed at $614,900 in Collingwood, the legal minimum down payment is $36,490 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 $8,773 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 $8,773.

Nearby Listings

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No current listings found in Collingwood.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Collingwood, Collingwood.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$830,618

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Mountain View
Public300 Spruce Street, Collingwood, Ontario, L9Y 3H1
7.5
Cameron Street
Public575 Cameron Street, Collingwood, Ontario, L9Y 2J4
5.6
Connaught
Public300 Peel Street, Collingwood, Ontario, L9Y 3W2
5.7
St Mary's
Public18 Saunders Street, Collingwood, Ontario, L9Y 0G2
6.0
Admiral Collingwood
Public15 Dey Drive, Collingwood, Ontario, L9Y 4N9
6.8

Secondary Schools

Collingwood
Public6 Cameron Street, Collingwood, Ontario, L9Y 2J2
6.5
Jean Vanier
Public160 Collins Street, Collingwood, Ontario, L9Y 4R1
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.