172 Eighth St 607
Collingwood, Collingwood, L9Y 4T2
FOR SALE
$449,000
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Property Description
Looking for a great accessible community building and not have to do any maintenance, stairs, clean snow off your car, drive to the gym or have multiple utility bills? The Galleries is Collingwood's most coveted condo building. It is centrally located so you can walk to shopping, restaurants, and trails. On a fixed income? No problem, condo fees include heat, AC, water, sewer, parking, storage and maintenance. The gym, sauna and games room are all newly renovated, the building has 2 elevators, underground parking, storage, a huge fellowship room, a fully equipped guest suite and a parking lot for extra parking. Unit 607 is move in ready with freshly painted walls and 5 appliances. It is an open concept layout with beautiful hardwood floors, freshly painted kitchen cabinets and views to the mountain from the covered balcony. The bedrooms are both spacious with large windows, double closets and have views to the mountain. The bathroom has a walk in shower and freshly painted cabinets.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-05 | 2023-12-29 | 85 | $479,900 | - | Expired |
Extras
Bedrooms, Living Room and Dining Room are virtually staged. Unit is vacant, quick close is preferred.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,856 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 11.52' x 21.00' | |
| Dining | Main | 10.99' x 12.01' | |
| Kitchen | Main | 10.99' x 12.01' | |
| Living | Main | 12.50' x 21.00' | |
| Prim Bdrm | Main | 11.52' x 18.01' | |
| Foyer | Main | 4.99' x 8.01' |
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Collingwood Market Statistics
Collingwood Price Trend
172 Eighth St 607 is a 2-bedroom 1-bathroom condo listed for sale at $449,000, which is $100,000 (18.2%) lower than the average sold price of $549,000 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 2 bedroom condo in Collingwood increased by $39,000 (7.6%) compared to the previous 30 day period (February 28 - March 28) and up $98,200 (21.8%) from the same time one year ago.Inventory Change
There were 11 2-bedroom condos listed in Collingwood over the last 30 days (March 29 - April 27), which is up 22.2% compared with the previous 30 day period (February 28 - March 28) and up 37.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Collingwood typically sold ($10,000) (1.8%) below asking price over the last 30 days (March 29 - April 27), which represents a $4,000 increase compared to the previous 30 day period (February 28 - March 28) and ($17,800) 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 2-bedroom condos in Collingwood over the last 30 days (March 29 - April 27) stood at 27.3%, down from 33.3% over the previous 30 days (February 28 - March 28) and down from 62.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Collingwood stood at 20 days when successfully sold over the last 30 days (March 29 - April 27), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Millennium Inc.
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