16 Theresa St

FOR SALE
$679,000
16 Theresa St, Collingwood
16 Theresa St
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
S8424718
MLSID
Contact Us
Property Description
This beautifully renovated and updated property is a perfect seasonal cottage, or full time home, steps away from Georgian Bay and a fantastic little public beach from which you can watch the sunsets or launch a kayak. The great room is a bright and open space featuring pine flooring and large skylights that provide plenty of light into the vaulted ceiling. You'll love the wood burning stove but appreciate that it's heated by a forced air, gas furnace and cooled by central air conditioning. With 2 full bathrooms and a laundry closet, you have all the conveniences. The detached garage has it's own electrical panel and has had an extension built onto it so it currently serves as a wood working shop but could easily be converted to other uses. More storage is available in the detached shed just put in place. It's not too late to get in for a summer of fun! A new septic system is being installed and will be completed by the end of July, 2024.
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 173'
Fronting
East
Taxes
$2,537 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Collingwood Market Statistics
Collingwood Price Trend
16 Theresa St is a 2-bedroom 2-bathroom home listed for sale at $679,000, which is $99,000 (17.1%) higher than the average sold price of $580,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Collingwood declined by $147,950 (20.3%) compared to the previous 30 day period (July 22 - August 20) and up $54,100 (10.3%) from the same time one year ago.
Inventory Change
There were 6 2-bedroom homes listed in Collingwood over the last 30 days (August 21 - September 19), which is up 50.0% compared with the previous 30 day period (July 22 - August 20) and down 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Collingwood typically sold ($39,900) (6.9%) below asking price over the last 30 days (August 21 - September 19), which represents a $7,950 decrease compared to the previous 30 day period (July 22 - August 20) and ($4,000) less 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 2-bedroom homes in Collingwood over the last 30 days (August 21 - September 19) stood at 16.7%, down from 100.0% over the previous 30 days (July 22 - August 20) and down from 30.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Collingwood stood at 35 days when successfully sold over the last 30 days (August 21 - September 19), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Locations North
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