572 Spruce Street

Welcome to the charming **house for sale in Collingwood **, located at 572 Spruce Street, Collingwood. This beautifully maintained raised bungalow is a true gem, offering versatility and income potential that is perfect for first-time buyers or savvy investors alike. With its prime location and thoughtful design, this property is an ideal opportunity for those looking to either occupy the home themselves or rent it out for a steady income.

As you step inside this delightful **house for sale in Collingwood**, you’ll find a well-appointed layout featuring four spacious bedrooms and two bathrooms, providing ample space for families or guests. The property boasts two kitchens, making it particularly advantageous for those considering rental options. The main unit can be rented out for approximately £2,300 per month, while the fully furnished in-law suite, which includes a comfortable one-bedroom and one-bathroom configuration, is ready to generate an additional £1,800 per month. This setup not only offers instant cash flow to help offset your mortgage but also presents a fantastic investment opportunity.

The interior of this **house for sale in Collingwood** is designed with modern living in mind. You’ll appreciate the stylish vinyl flooring that runs throughout, allowing for easy maintenance and a contemporary feel. Abundant natural light floods the rooms, creating a warm and inviting atmosphere. Both units are equipped with separate heating and cooling systems, ensuring comfort and privacy for all occupants. The property also features a finished full basement, which adds to the overall living space and can be used for various purposes, whether it be a recreation area, home office, or additional storage.

Situated on a quiet lot measuring 35 by 100 feet, the **house for sale in Collingwood** offers a peaceful retreat while still being conveniently located just minutes from downtown Collingwood. Residents will enjoy the proximity to a range of urban amenities, including shops, restaurants, and entertainment options. For those who love the outdoors, this property is a short drive from Blue Mountain and is just steps away from trails ideal for skiing, hiking, and biking. It’s perfect for anyone with an active lifestyle who appreciates the beauty of nature.

Parking is a breeze with a private double driveway that accommodates up to four vehicles, ensuring that you and your guests will never have to worry about finding a space. While there is no garage, the property includes a shed for extra storage, making it easy to keep your outdoor equipment and belongings organised.

In terms of utilities, this **house for sale in Collingwood** is connected to municipal water and sewer, and benefits from central air conditioning and forced air heating, providing comfort throughout the year. Although there is no central vacuum system, the unfurnished nature of the home allows new owners to personalise the space to their liking without the hassle of dealing with existing furnishings.

This property truly stands out as a smart buy for first-time homeowners looking to live affordably or investors seeking steady returns. With its income potential, prime location, and modern amenities, 572 Spruce Street, Collingwood is a fantastic opportunity that won’t last long on the market. Schedule your showing today and take the first step towards owning this wonderful **house for sale in Collingwood**. Don’t miss out on the chance to make this lovely bungalow your new home or investment property!

Collingwood, nestled within the vibrant city of Collingwood, is a charming and picturesque area that seamlessly blends natural beauty with urban convenience. Known for its stunning waterfront along the shores of Georgian Bay, the community boasts a rich tapestry of outdoor activities, from hiking and skiing to sailing and cycling. The quaint streets are lined with a mix of historic architecture and modern amenities, offering a delightful array of shops, cafes, and restaurants that cater to diverse tastes. With a strong sense of local pride and a welcoming atmosphere, Collingwood is not just a place to live, but a delightful environment to thrive in, making it an ideal choice for those seeking a balance of leisure and lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.7 km, you'll find Cameron Street Public School, offering elementary education (grades JK to 8) with a respectable school rating of 5.8, and it provides instruction in both English and French for various grade levels. For secondary education, Collingwood Collegiate Institute is located 1.0 km away, serving grades 9 to 12 with a school rating of 6.5. Additionally, Admiral Collingwood Elementary School is situated 2.1 km from the property, catering to grades 5 to 8 with a focus on French language studies, although it has a lower rating of 4.8. For those interested in Catholic education, Our Lady of the Bay Catholic High School is 1.8 km away, although it currently does not have a rating. Overall, the proximity to a variety of public and Catholic schools, along with their diverse language offerings, ensures that families have access to quality education options within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 505 residents, with an average household size of 2 individuals. The demographic profile indicates a mature community, with an average age of 44.9 years. The average household income stands at $62,400, with 12% of the population classified as low-income. The real estate market reflects an average property price of $420,000, appealing to a diverse range of buyers. A significant portion of the population, 60.71%, is single, while 28% of households include children. The community is also characterized by a notable immigrant presence, comprising 18.18% of the population. Renters make up 54.72% of the households, with condos representing 26.42% of the housing options available. Educational attainment is relatively high, with 46.51% of residents holding a college or university degree. However, a considerable segment, 31.4%, is not participating in the labor force, which may reflect various factors including retirement or other personal circumstances. Overall, this area offers a blend of demographics that may appeal to families, young professionals, and retirees alike, contributing to a vibrant community atmosphere.