240 FIFTH STREET Collingwood

240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
  • 240 FIFTH STREET
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$449,000

  • Listed Since: February 14th 2020

Fabulous large private ravine lot in an ideal central location walking distance to Collingwood town. Good size 3 bed 1 bath bungalow with new roof (2019) & newer furnace. Enjoy your partially treed backyard oasis with gazebo & your very own creek, running along the west side of the lot. Addition completed in 2013. Bonus large detached garage. Outstanding potential!! Current owners have paid for a new design of existing bungalow, plans available for the right buyer. Permit from town approved, NVCA approved, build your dream home! Property is currently rented out for the season at $1600 a month plus utilities until March 31st of this year, or longer if desired. Trails, shopping, golf, skiing, restaurants, the waterfront are all on your doorstep, come live the 4 season lifestyle in Collingwood at 240 Fifth St!! Furnace, electronic air cleaner & water purifier system are leased-to-own. Contacts for further details, book your viewing now! (id:23309)

  • Address: 240 FIFTH STREET
  • Location: COLLINGWOOD
  • Ownership: FREEHOLD
  • MLS: 244707

This home is located in Collingwood Ontario. To learn more about how to purchase this property contact us today -- we would be more than happy to assist you.

KitchenGround level17' 5'' x 7' 10''
Master bedroomGround level19' x 9'
BedroomGround level14' 3'' x 11' 8''
BedroomGround level11' 11'' x 8' 10''
Laundry roomGround level9' x 4' 11''
4pc BathroomGround level 
FoyerGround level11' 8'' x 11' 6''
Dining roomGround level12' 4'' x 8'
Living roomGround level19' 15'' x 11' 3''
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,320 Square Feet
  • $1,680 / month (estimated mortgage)

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Listing provided by Royal LePage Locations North (Collingwood), Brokerage

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The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.

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  • Mortgage Insurance

Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.

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The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.

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