2 Cove Court 107, Collingwood

$525,000
2 Cove Court 107

$525,000

New
15d
Common Element CondoApartment

2 Cove Court 107, Collingwood

Total Monthly Obligation $3,008

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
20
Yield
5.8%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Common Element Condo
MLS® Number-S13877146
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Common Element Condo
Age-6-10
Taxes-$3,047 (2025)
Maintenance-$436.18/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Stone, Vinyl Siding
Possession-30-59 days
Neighbourhood-Collingwood
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 107 at 2 Cove Court, an exceptional main-floor residence offering refined living in theheart of Collingwood. This beautifully appointed 2-bedroom, 2-bathroom condo combines effortlesselegance with everyday comfort-perfect for those seeking a sophisticated full-time home or an upscaleweekend retreat. Designed with a seamless open-concept layout, the living and dining spaces are filled with natural light,creating an inviting atmosphere for both quiet relaxation and stylish entertaining. The well-designedkitchen offers both function and flow, complementing the home's modern aesthetic. The spacious primarysuite features a private ensuite, while the second bedroom provides versatility for guests or a home office. Enjoy the convenience of main-floor access and indulge in resort-style amenities, including a stunningyear-round outdoor pool and a fitness centre-delivering a lifestyle of leisure and wellness in everyseason. Ideally located just moments from Collingwood's vibrant downtown, waterfront, golf courses, and BlueMountain, this residence offers the perfect balance of tranquility and access to premier four-season recreation. One owned parking space #263 as well a a owned storage locker adjacent to the front enry door.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,008/mo
Mortgage $2,118
Monthly Loss $2,451
Principal$557
Interest$1,560
Property Tax$254
Condo Fees$436
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.6%32
10-Year IRR
10.3%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,240/yr
NOI
$16,535/yr
Net Cash Flow
-$740/mo
Cash Margin
-29.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.8/ 100

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

Comparables

Properties near 2 Cove Court 107

Time

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Data last updated within the past 24 hours.