$499,000
For sale: Detached

Top 5 Reasons You Will Love This Home: 1) Rare opportunity to secure an oversized approximately 66'x132' lot in the heart of Collingwood, where you can build your dream home or transform the existing three bedroom, one bathroom bungalow, with opportunities like this becoming increasingly scarce within walking distance of downtown, making this an exceptional chance to invest in both lifestyle and long-term value 2) Desirable R-2 zoning creates exciting possibilities, whether you envision expanding the existing home, completing a full renovation, or designing a custom residence, subject to municipal approvals, all surrounded by established homes and impressive newer builds that continue to showcase the appeal of this neighbourhood 3) Enjoy one of Collingwood's most walkable locations, directly across from the arena, parks, ball diamonds, and recreational facilities, with the YMCA just steps away, downtown cafés, restaurants, boutiques, and entertainment within walking distance, and Georgian Bay, marinas, trails, schools, and Blue Mountain only minutes from your doorstep 4) Lovingly maintained by the same family for generations, this bungalow offers a functional layout with a bright living room, spacious kitchen with adjoining dining area, dedicated laundry room, and comfortable living spaces throughout, with important updates including a roof replaced approximately 11 years ago, furnace replaced in 2011, hot water tank replaced in 2012, municipal water and sewer services, mature hedging, private driveway, and an expansive backyard 5) Oversized in-town lots with R-2 zoning, walkability, and redevelopment potential are becoming increasingly difficult to find in Collingwood, making this an exceptional opportunity for first-time buyers, renovators, investors, or anyone dreaming of building a future custom home in an established neighbourhood at this price point. 937 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.
Sold data
Detached homes in Collingwood took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 68, across 53 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.
The median sale price was $859,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Collingwood has 9 Fraser Institute–rated schools (7 elementary and 2 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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