$ 790.000

491 Minnesota Street, Collingwood

  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 2500 square feet
  • Type: Residential
  • Added: 24 days ago
  • Updated: 19 days ago
  • Last Checked: 13 hours ago
Charming raised bungalow in a mature tree lined community, this home is close to everything that makes Collingwood such great place to live and invest. This lovely home sits on an huge corner lot that allows for 2 separate outdoor areas and patios. Originally built as a single family home, the house is currently set up as a duplex, but can easily be converted back. Lower level, which is vacant, is perfect for an in-law suite or apartment for adult children living at home and features full height ceilings. The upper level is currently being used by the seller who is prepared to vacate for a quick close. The home sits directly across from the Train Trail and walking distance to the YMCA, Parks & main street shopping and amenities. The property is made up of 2 units, each with separate entrance and private patio / garden. Upstairs is a 3 bedroom apt with Master Bed walk out to deck and front entrance from Minnesota Street, and in the lower level a 2 bedroom unit which has a separate entrance from the south side of the house through the private single car garage and outer door leading to private deck and side yard. The home could also easily be converted back into a single family home that it was originally built as, current owners purchased it as a duplex. Each unit has laundry, kitchen and all appliances are owned and included. NEW ROOF 2015-16 NEW EAVES 2020 NEW WINDOWS 2022. Move into one unit and rent the other or add this to your income property portfolio, fantastic opportunity to acquire a great rental in a great part of town. Or convert into a 5 bedroom home for your family to enjoy! (id:1945)
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Property DetailsKey information about 491 Minnesota Street

  • Cooling: Central air conditioning
  • Heating: Baseboard heaters
  • Stories: 1
  • Structure Type: House
  • Exterior Features: Brick, Aluminum siding
  • Foundation Details: Poured Concrete
  • Architectural Style: Raised bungalow
  • Type: Raised Bungalow
  • Current Setup: Duplex
  • Original Setup: Single Family Home
  • Corner Lot: true
  • Number Of Units: 2
  • Total Bedrooms: 5

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Appliances: All appliances are owned and included
  • Living Area: 2500
  • Bedrooms Total: 4
  • Above Grade Finished Area: 1250
  • Below Grade Finished Area: 1250
  • Above Grade Finished Area Units: square feet
  • Below Grade Finished Area Units: square feet
  • Above Grade Finished Area Source: Listing Brokerage
  • Below Grade Finished Area Source: Listing Brokerage
  • Upper Level Bedrooms: 3
  • Lower Level Bedrooms: 2
  • Master Bedroom: Walk Out to Deck: true
  • Laundry: Each unit has laundry
  • Kitchens: Each unit has a kitchen

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 491 Minnesota Street

  • Lot Features: In-Law Suite
  • Water Source: Municipal water
  • Parking Total: 5
  • Parking Features: Attached Garage
  • Lot Size: Huge Corner Lot
  • Outdoor Areas: 2 Separate Outdoor Areas and Patios
  • Private Patio Garden: Each unit has a private patio/garden
  • Single Car Garage: true
  • New Roof: 2015-16
  • New Eaves: 2020
  • New Windows: 2022

Location & CommunityUnderstand the neighborhood and community

  • Directions: Follow Minnesota Street south from Hume Street property is on the left had side across from the trail
  • Common Interest: Freehold
  • Subdivision Name: CW01-Collingwood
  • Community Features: Quiet Area, School Bus, Community Centre
  • Neighborhood: Mature Tree Lined Community
  • Proximity To Train Trail: Directly Across
  • Walking Distance To YMCA: true
  • Walking Distance To Parks: true
  • Walking Distance To Main Street Shopping: true
  • Amenities: Close to amenities and services

Business & Leasing InformationCheck business and leasing options available at 491 Minnesota Street

  • Rental Opportunity: Move into one unit and rent the other
  • Potential For In Law Suite: true
  • Investment Potential: Great rental opportunity

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 491 Minnesota Street

  • Tax Annual Amount: 3287.32
  • Zoning Description: R2

Additional FeaturesExplore extra features and benefits

  • Current Occupant: Seller is prepared to vacate for a quick close
  • Conversion Potential: Easily converted back into a single family home
Room Dimensions
Type Level Dimensions
3pc Bathroom Lower level 4'11'' x 7'10''
Bedroom Lower level 11'10'' x 12'2''
Laundry room Lower level 4'11'' x 7'10''
Kitchen Lower level 6'3'' x 3'3''
Living room Lower level 12'3'' x 27'10''
4pc Bathroom Main level 4'10'' x 7'9''
Bedroom Main level 8'9'' x 13'5''
Bedroom Main level 9'10'' x 10'9''
Primary Bedroom Main level 9'11'' x 20'11''
Kitchen Main level 9'11'' x 20'11''
Living room Main level 14'11'' x 21'4''
Foyer Main level 3'7'' x 5'10''
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
45
Min Price
$47,500
Max Price
$1,195,000
Avg Price
$603,473
Days on Market
43 days
Sold listings
11
Min Sold Price
$399,000
Max Sold Price
$1,224,990
Avg Sold Price
$822,890
Days until Sold
62 days

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Type
Address
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Additional Information about 491 Minnesota Street

This House at 491 Minnesota Street Collingwood, ON with MLS Number 40670322 which includes 4 beds, 2 baths and approximately 2500 sq.ft. of living area listed on Collingwood market by MATTHEW WEBB-SMITH - CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound) at $790,000 24 days ago.

We have found 6 Houses that closely match the specifications of the property located at 491 Minnesota Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 769,900 and 924,000.

The current price of the property is $790,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $663,600. This would result in a monthly mortgage payment of $3,694 over a 25-year amortization period.

More Details?
  • MATTHEW WEBB-SMITH
  • CENTURY 21 IN-STUDIO REALTY INC., Brokerage (Owen Sound)
  • 416-891-9566