107 EIGHTH Street
Collingwood / Collingwood, ON L9Y 2C6
About This Property
Nestled on a generous 40 ft x 165 ft in-town lot, this property presents an exceptional opportunity for builders, investors, and those dreaming of a custom home. The existing dwelling has been substantially demolished and is being sold primarily as a land-value opportunity, offering a blank canvas for your next project. Whether you're envisioning a custom home or exploring the potential for a triplex or fourplex (buyer to complete their own due diligence regarding permitted uses and approvals), the possibilities are exciting. The lot is fully serviced, with utility disconnections already completed, helping reduce upfront preparation costs. An added bonus is the potential savings on development charges associated with the existing structure, subject to municipal policies and buyer verification. The NVCA regulated area extends across only a small portion of the rear of the property. Previous NVCA approval was granted for a 3,200 sq. ft. home (buyer to verify and complete their own due diligence). Existing renderings can be provided to the successful buyer, offering a valuable head start on the design process. A rare chance to secure a deep in-town lot at an attractive price and bring your vision to life.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® S13646606
Listed by Royal LePage Locations North
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,464
/month · $239,920 mortgage
Amortization
Total Interest
$199,415
Total Cost
$439,335
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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