$1,980,000
For sale: Vacant Land

ATTENTION BUILDERS & DEVELOPERS! Rare opportunity to acquire approximately 2.51 acres of residential development land in the Town of Collingwood. Ideally situated on Sixth Street adjacent to the established Georgian Meadows neighbourhood, this property represents one of the last remaining large vacant residential development parcels in the area. The lands are currently designated Medium Density Residential and zoned R3 (Residential Third Density). A current development concept contemplates approximately 36 townhome and semi-detached dwelling units within a private road condominium development, subject to all required municipal approvals. Preliminary planning, engineering, servicing, stormwater management and floodplain studies have been completed, and pre-consultation with the Town has previously been undertaken, providing purchasers with a significant head start in the development approval process. Municipal servicing requirements have been identified through the preliminary planning process, with further approvals, engineering and technical studies to be completed by the purchaser. Conveniently located just minutes from downtown Collingwood, Georgian Bay, Blue Mountain Resort, ski hills, golf courses, trails and a full range of amenities. An exceptional opportunity to acquire a strategically located development parcel in one of Ontario's premier four-season communities.
Sold data
Homes in Collingwood took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 73, across 145 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $649,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 145 recorded sales in the last 90 days. 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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