1 HUME St 402

FOR SALE
$499,000
1 HUME St 402, Collingwood
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1
BEDROOMS
1
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1
KITCHENS
4
ROOMS
S10440380
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Property Description
Get in now before it's gone. Best Value in the building .. 4th floor great views and smart upgrades. Walk everywhere no car needed. If you haven't seen this exceptional building, view the video tour! Welcome to the epitome of luxurious living right at the heart of downtown Collingwood! Situated within the prestigious Monaco building on Hume St, this recently built condo offers a contemporary oasis with an array of in building amenities, You are just steps away from shopping, dining, and the picturesque Georgian Bay. Step into this immaculate never lived in 1-bedroom "Ercole" model unit with 645 Sq ft plus a 124 sq. ft balcony unit. The bright living/dining area floods with natural light and opens onto the balcony, as does the primary suite. Perfect for enjoying your morning coffee or dining alfresco! Being mere steps from boutique shopping, cozy cafes, the serene harbour, and top-notch restaurants, every day becomes an adventure in the vibrant Collingwood lifestyle. For outdoor enthusiasts, the proximity to the trail system, private ski and golf clubs, ensures year-round entertainment and leisure opportunities. You are also 15 minutes from the largest fresh water beach in Wasaga Beach and 7 Minutes to the Blue Mountain Village. The Monaco building elevates your living experience with amenities like a state-of the-art fitness centre, a rooftop garden boasting breathtaking bay views to one side, and mountain views on the other. This indoor / outdoor entertainment lounge hosts many resident events and it's an ideal space for entertaining your friends and family , with a private kitchen/bar area and seating throughout. Additionally there is Wi-Fi enabled common areas, and indoor/outdoor bicycle parking racks. Plus, a dedicated concierge adds an extra layer of convenience. In addition to the unit, enjoy the exclusivity of a locker with plenty of extra storage on level A and one underground parking spot.
Property Features
Golf, Hospital
Property Details
Street
Community
Property Type
Condo Apt, Other
Approximate Sq.Ft.
600-699
Taxes
$2,079 (2024)
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
OtherMain10.76' x 21.65'
KitchenMain7.74' x 10.01'
Prim BdrmMain10.17' x 10.99'
Collingwood Market Statistics
Collingwood Price Trend
1 HUME St 402 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $253,250 (103.1%) higher than the average sold price of $245,750 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Collingwood declined by $284,250 (53.6%) compared to the previous 30 day period (October 22 - November 20) and down $200,000 (44.9%) from the same time one year ago.
Inventory Change
There were 27 1-bedroom condos listed in Collingwood over the last 30 days (November 21 - December 20), which is up 800.0% compared with the previous 30 day period (October 22 - November 20) and up 800.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Collingwood typically sold ($6,650) (2.7%) below asking price over the last 30 days (November 21 - December 20), which represents a $12,350 increase compared to the previous 30 day period (October 22 - November 20) and ($9,249) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Collingwood over the last 30 days (November 21 - December 20) stood at 22.2%, down from 100.0% over the previous 30 days (October 22 - November 20) and down from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Collingwood stood at 85 days when successfully sold over the last 30 days (November 21 - December 20), compared to 111 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Four Seasons Realty Limited, Brokerage
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