562 Simcoe St

FOR SALE
$1,224,990
562 Simcoe St, Collingwood
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
562 Simcoe St
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
S9230570
MLSID
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Property Description
Top 5 Reasons You Will Love This Home: 1) Distinctive opportunity to own a property in the highly coveted Sunset Point neighbourhood, mere steps away from the beach and Georgian Bay, offering front-row seats to breathtaking sunsets 2) Modern living highlighted by a thoughtfully updated home finished from top-to bottom with upgraded flooring, a stylish kitchen boasting sleek quartz countertops and a pantry, and unwind in the cozy family room complete with a vaulted ceiling and a wine bar, creating the ideal setting for entertaining 3) Enjoy the luxury of a second-level family room featuring built-in cabinetry, an electric fireplace, and a versatile layout awaiting your personal touches 4) Hosting three spacious bedrooms, making it ideal for a growing family and paired with a partially fenced backyard completed with a large back deck 5) Embrace the convenience of being minutes away from Downtown Collingwood, which offers an abundance of dining options, shopping opportunities, and much more. Age 40. Visit our website for more detailed information.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-23 2024-07-23 91 $1,224,990 - Expired
2024-02-14 2024-04-14 60 $1,224,990 - Expired
2023-08-30 2023-10-12 43 $1,299,990 - Terminated
2023-07-27 2023-08-30 34 $1,399,990 - Terminated
2023-07-13 2023-07-27 14 $1,399,990 - Terminated
Property Details
Street
Community
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
87' x 95'
Acreage
< .50
Lot Irregularities
Irreg.
Fronting
South
Taxes
$4,327 (2023)
Basement
Finished, Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.58' x 16.47'Eat-In Kitchen, Crown Moulding, Breakfast Bar
DiningMain11.58' x 11.68'Large Window, Open Concept, Hardwood Floor
FamilyMain14.70' x 14.83'W/O To Deck, Vaulted Ceiling, Hardwood Floor
LaundryMain5.84' x 7.19'Ceramic Floor, Window
Family2nd13.02' x 18.24'Electric Fireplace, Hardwood Floor, Window
Prim Bdrm3rd11.68' x 12.80'Semi Ensuite, W/I Closet, Window
Br3rd9.25' x 11.88'Closet, Large Window
Br3rd8.79' x 11.88'Closet, Large Window
SittingLower12.60' x 17.88'Vinyl Floor, Gas Fireplace, Window
Collingwood Market Statistics
Collingwood Price Trend
562 Simcoe St is a 3-bedroom 2-bathroom home listed for sale at $1,224,990, which is $601,815 (96.6%) higher than the average sold price of $623,175 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Collingwood declined by $156,825 (20.1%) compared to the previous 30 day period (July 22 - August 20) and down $269,325 (30.2%) from the same time one year ago.
Inventory Change
There were 22 3-bedroom homes listed in Collingwood over the last 30 days (August 21 - September 19), which is up 10.0% compared with the previous 30 day period (July 22 - August 20) and down 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Collingwood typically sold ($37,725) (6.1%) below asking price over the last 30 days (August 21 - September 19), which represents a $7,726 decrease compared to the previous 30 day period (July 22 - August 20) and ($6,000) 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 3-bedroom homes in Collingwood over the last 30 days (August 21 - September 19) stood at 18.2%, down from 45.0% over the previous 30 days (July 22 - August 20) and up from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Collingwood stood at 71 days when successfully sold over the last 30 days (August 21 - September 19), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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