1 HUME St 509
Collingwood, Collingwood, L9Y 0X3
FOR SALE
$595,000
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Property Description
**INCREDIBLE VALUE in Collingwood's Premier Luxury Condominium! Downtown convenience & breathtaking views from the 5th floor of MONACO. Enjoy living in Collingwood's historic downtown, steps from award winning dining, shopping & our gorgeous waterfront. This 800 sqft condo features uninterrupted views of Osler & Blue Mountains. With upgraded robust trim & 8ft doors throughout, this 1 Bedroom + Den unit is filled with penthouse level features and is bathed in natural light, easily modified with remote control window coverings. Overlooking Hume St., this condo is located with peace in mind, far from the parking lot, delivery trucks and tenant comings & goings. Enjoy coffee on the quaint balcony while the sun rises. Gorgeous hardwood floors, investment pendant lights & exceptional selections in all the finishes come together to create an ideal space. Residents enjoy a stunning rooftop terrace with spaces to gather around the oversized fire pit, new water feature, or lounge areas, surrounded by Georgian Bay & Escarpment views. Entertain guests over a game of bocce ball and dine in a private BBQ area. A state-of-the-art 7th floor gym overlooks ski hills with floor-to-ceiling windows. Monaco is Collingwood's exclusive residence for those looking for sophistication in Ontario's 4-Season Playground. *Exclusive underground parking spot & assigned locker included.
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Property Features
Golf, Hospital
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
800-899
Taxes
$2,381 (2023)
Exterior
Other
Heat Type
Other
Heat Source
Other
Air Conditioning
Central Air
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.74' x 10.99' | |
Den | Main | 7.74' x 8.83' | |
Foyer | Main | 6.43' x 5.41' | |
Living | Main | 13.09' x 18.24' | |
Br | Main | 11.09' x 15.85' | |
Bathroom | Main | 6.27' x 9.09' | |
Other | Main | 4.66' x 10.24' |
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Collingwood Market Statistics
Collingwood Price Trend
1 HUME St 509 is a 1-bedroom 1-bathroom condo listed for sale at $595,000, which is $349,250 (142.1%) 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 Royal Lepage Locations North (Collingwood), Brokerage
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