1 Hume Street W 514, Collingwood

$849,000
1 Hume Street W 514

$849,000

New
3d
Condo ApartmentApartment

1 Hume Street W 514, Collingwood

Total Monthly Obligation $4,639

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
3d
Score
15
Yield
3.9%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.1%
Property Type-Condo Apartment
MLS® Number-S14097596
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,808.03 (2026)
Maintenance-$779.95/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Poured Concrete
Possession-flexible
Neighbourhood-Collingwood
Title-Residential Condo & Other

No agent assigned

Located in the heart of Downtown Collingwood, this fifth-level Monaco suite offers a contemporary urban feel with unobstructed west-facing views toward Osler and Blue Mountain. The single-level layout features two bedrooms, two full bathrooms and soaring 10-foot ceilings. A private balcony off the living area captures afternoon sunshine and showcases views of surrounding escarpment landscape. Wide-plank flooring and an open living and dining area create a bright, connected space. The kitchen features quartz counters, a tiled backsplash, under-cabinet lighting, a large stainless-steel sink, stainless-steel appliances and a breakfast bar. The bedrooms are set apart for added privacy, each with ensuite access. A full-size washer and dryer are conveniently located in the suite. Life here comes with a rooftop spot made for gathering any time of day with the added warmth of outdoor heat lamps. Take in the breathtaking views of the mountain and bay while sharing a summer meal at one of the many BBQs and dining tables, or sit around the fire pit beneath the evening sky. Waterfalls and colourful seasonal gardens add to the outdoor atmosphere. The indoor lounge includes a bar/kitchen area and seating along with a cozy fireplace and TV. Many building activities happen here, make it easy to meet neighbours and form new friendships. You also have a grocery store and coffee shop on the main floor, and the downtown shops, restaurants, parks and waterfront are just a stroll away. Secure building and garage access with underground parking and an oversized storage locker. The ambiance in this building is second to none, book your showing today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,639/mo
Mortgage $3,425
Monthly Loss $3,737
Principal$901
Interest$2,523
Property Tax$234
Condo Fees$780
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.7%10
10-Year IRR
6.6%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$33,288/yr
NOI
$15,392/yr
Net Cash Flow
-$2,142/mo
Cash Margin
-77.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
17.9/ 100

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

Comparables

Properties near 1 Hume Street W 514

Time

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