What Will $500,000 Get You in Collingwood

You’ve heard the news: a detached home in the city of Toronto will cost you $1.28 million, with the average price of all homes (including condos and attached homes) is $728,051. Fleeing from the madness is probably your best bet. Getting away from the crazed real estate market in Toronto and buying in Collingwood, where the average buyer can actually afford a house is sure to pay off for you in the end. Let’s look at what you can get for $500,000 – $750,000 (under Toronto’s average for all homes) in Collingwood, with these great Collingwood properties for sale.

A waterfront “penthouse” condo

With views of the mountain and right on the water, this condo is 1279 square feet and gives you access to your own boat slip, yacht club, rec centre, inground pool, and tennis courts. The inside of the condo is gorgeous with a skylight vaulted ceiling, wraparound windows, marble counters and fireplace. The condo fees are also well under what you’ll pay in Toronto at only $608 a month.

An open concept chalet near the base of Blue Mountain

With a fairly large lot (109’ x 252’), your kids will be free to roam inside and out. Featuring three bedrooms, as well as a bonus room that makes the perfect home office, there is also a detached garage with a heated workshop. Recreation lovers will delight in this property that is close to hiking, biking, skiing, swimming and golf.

A three-bedroom home in a prestigious neighbourhood

Located in Mair Mills, this home is perfect for all sorts of families. With a main floor master and 1,800 sq. ft. of space just on the first floor, this home is spacious. The beautiful backyard is landscaped and has private spaces for reading or enjoying nature. The fully-finished lower level has a great room, storage and bathroom.

Five bedrooms on a 50-foot lot in a family friendly neighbourhood

Backing on to greenspace, this home has over 3,200 sq. ft. of living space. With an open concept, hardwood floors, plus a finished basement with lots of room for the kids to run around and make a mess, this home is perfect for a large family. The backyard has a large deck and a hot tub, for relaxing after the kids go to bed. A large mudroom/laundry room is accessed from the garage, making it simple to contain the mess the kids bring in.

Beautifully updated century home

The ultimate downtown tree street location on Maple between 2nd. & 3rd. only a block & a half from the downtown core. Large 66 x 165 full town lot with mature landscaping providing a very private backyard oasis. Over 3000 sq. feet of living space with large principal rooms with formal living, dining and family room to the rear yard. With up to six bedrooms there is lots of room to accommodate family and visiting friends. Good sized master bedroom with former nursery that could be converted to an ensuite. Loft with 2 possible bedrooms and bath. The home has been well maintained with newer shingles, bath, and insulation.

If you have been looking for that downtown location you will not find better and only one family can be the buyer, it might as well be you.

If you need any help finding your dream property in Collingwood, let me know how I can be of assistance.

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