5 Spooner Crescent 215, Collingwood

$399,998
5 Spooner Crescent 215

$399,998

New
18d
Condo ApartmentApartment

5 Spooner Crescent 215, Collingwood

Total Monthly Obligation $2,538

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
18d
Score
43
Yield
9.6%
Cash on Cash
11.4%
Cap Rate
7.0%
5Y IRR
24.8%
10Y IRR
22.3%
Property Type-Condo Apartment
MLS® Number-S13862962
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$2,808.03 (2026)
Maintenance-$490.2/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-Collingwood
Title-Residential Condo & Other

No agent assigned

Discover Your Dream Home at Blue Fairview Development! Welcome to your stunning new oasis in the heart of Collingwood, nestled on Cranberry Trail and just min from the breathtaking Georgian Bay! The "Ambrose" is a limited model and was sold at a builder's premium, offering only 1 unit per floor compared to other models. The exquisite, never-lived-in, 2-bedroom, 2-bathroom condo offers 887 sqft (as per the builder's floor plan) of thoughtfully designed living space that perfectly blends luxury and comfort. Step inside to a sunlit, open-concept layout where the living, dining, and kitchen areas flow seamlessly together. The modern gas stove, sleek stainless steel appliances, and gorgeous granite countertops create a culinary haven for the aspiring chef. Enjoy your morning coffee or sunsets from your spacious, oversized balcony, complete with a gas hookup for your BBQ. Overlooking the lush Cranberry golf course and majestic mountains, this outdoor haven is perfect for entertaining or simply unwinding in nature's beauty. The primary suite boasts a luxurious walk-in closet and a private 4-piece ensuite, while the second bedroom features access to a convenient semi-ensuite bathroom. Each room offers ample space & natural light, creating a peaceful retreat. With in-suite laundry & underground parking, every detail has been considered for your convenience. Plus, you'll have access to a fabulous recreation center featuring a state-of-the-art gym and an outdoor pool, perfect for staying active and socializing with neighbours. This is more than just a home; it's a lifestyle! Imagine weekend adventures at the nearby Blue Mountain ski resort, waterfront activities minutes away on Georgian Bay, or exploring charming downtown Collingwood with its vibrant shops and restaurants. Don't miss your chance to own this slice of paradise. **EXTRAS** Builder floor plan is 886 sqft + 136 sqft balcony. and perfectly adjoined to the living room. Priced to move!!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,998
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,538/mo
Mortgage $1,613
Monthly Loss $2,113
Principal$425
Interest$1,189
Property Tax$234
Condo Fees$490
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.9%49
Cash-on-Cash
5.0%22
5-Year IRR
19.9%91
10-Year IRR
18.8%
Returns Index
55.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
43/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,568/yr
NOI
$23,621/yr
Net Cash Flow
$355/mo
Cash Margin
11.0%31
Cash Flow Index
31.2/ 100
Risk Profile
Weight: 20%
DSCR
1.2247
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
43.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5 Spooner Crescent 215

Time

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