396 Walnut St
Collingwood, Collingwood, L9Y 4C7
FOR SALE
$689,000
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSS11916224
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Property Description
Fantastic Opportunity! This spacious, well-maintained raised bungalow offers excellent income potential with a fully self-contained in-law suite with separate entrance. The upper level includes 2 bedrooms, a den and separate 4-piece bathroom, in-suite laundry, and sliding glass doors that open from the den to a deck and a private, treed fenced backyard. The recently renovated lower level boasts a self-contained 2-bedroom in-law suite with a separate entrance, split wall heating/cooling unit, open floor plan living/recreation room and a spacious eat-in kitchen and laundry room with laundry tub. Additional features include: Recent upgrades in the last 5 months include: new garage door, all 5 new basement windows, tree removal on side of driveway, repaint all the basement living areas and professionally cleaned the basement carpets. Other improvements in the last approx. 5 years or less are newer stacking clothes washer/dryer and refrigerator (in spring 2023) on the main floor, a new roof and eaves troughs (2021)and a sump pump with back-up battery installed. Featuring a large, private fully fenced yard with deck and parking for up to 4 cars on the private driveway and 1 in the garage. Centrally located in the west side of Collingwood for convenience to all shopping, banks, restaurants and services, schools, public pool, parks and public transportation . This home is perfect for first-time buyers, investors, or those seeking a dual-purpose property. Rent for the upper main floor $2073.31 including utilities. Speak to the municipality in regards to the opportunities for changing this property into a legal apartment in the basement.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-13 | 2024-07-17 | 65 | $689,000 | - | Terminated |
2023-05-26 | 2023-08-26 | 92 | $729,900 | - | Expired |
2022-10-25 | 2023-04-26 | 183 | $800,000 | - | Terminated |
2021-04-22 | 2021-05-03 | 12 | $649,000 | $750,000 | Sold |
2019-04-18 | 2019-08-17 | 121 | $489,900 | - | Expired |
Property Features
Golf, Hospital, Marina, Rec Centre, School, Skiing
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
61' x 117'
Acreage
< .50
Lot Irregularities
60.59' x 116.53' x 60.59' x 123.03'
Fronting
West
Taxes
$3,432 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 3.48' x 5.25' | Tile Floor |
Living | Main | 14.07' x 19.00' | Combined W/Dining, Fireplace |
Kitchen | Main | 10.24' x 14.73' | Combined W/Laundry, Laminate |
Prim Bdrm | Main | 13.39' x 9.97' | Laminate |
Den | Main | 9.91' x 9.81' | Laminate |
Bathroom | Main | 6.56' x 11.58' | Tile Floor, 4 Pc Bath |
2nd Br | Main | 13.32' x 11.58' | Laminate |
Living | Bsmt | 12.83' x 22.74' | Broadloom, Combined W/Rec |
3rd Br | Bsmt | 12.73' x 10.66' | Laminate |
4th Br | Bsmt | 13.65' x 8.89' | Laminate |
Kitchen | Bsmt | 13.65' x 13.39' | Laminate, Eat-In Kitchen |
Bathroom | Bsmt | 13.65' x 7.05' | Laminate, 4 Pc Bath |
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Collingwood Market Statistics
Collingwood Price Trend
396 Walnut St is a 2-bedroom 2-bathroom home listed for sale at $689,000, which is $280,059 (68.5%) higher than the average sold price of $408,941 in the last 30 days (December 15 - January 13). During the last 30 days the average sold price for a 2 bedroom home in Collingwood declined by $266,059 (39.4%) compared to the previous 30 day period (November 15 - December 14) and down $306,059 (42.8%) from the same time one year ago.Inventory Change
There were 4 2-bedroom homes listed in Collingwood over the last 30 days (December 15 - January 13), which is down 84.0% compared with the previous 30 day period (November 15 - December 14) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Collingwood typically sold ($6,344) (1.6%) below asking price over the last 30 days (December 15 - January 13), which represents a $12,656 increase compared to the previous 30 day period (November 15 - December 14) and $16,000 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 (December 15 - January 13) stood at 850.0%, up from 76.0% over the previous 30 days (November 15 - December 14) and up from 25.0% 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 46 days when successfully sold over the last 30 days (December 15 - January 13), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate
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