It’s that time year when people are again beginning to look for land to buy in our area. The dream of building a home is very much alive and well.
Lots within the town are very far and few between as Collingwood is an established community and most new land released for sale in recent years has been picked up by developers building subdivisions. Some people have been buying up older homes just to acquire the land and the houses on them are demolished. In some areas, the fees for water service have been substantial and generally speaking, it’s quite difficult to find anything under $100,000 when all is said and done.
Every community has development charges. These are the fees that are paid when a building permit is applied for and they are used by the Town toward infrastructure for community growth. As areas grow, so do the costs for new roads, sewers, water, policing, fire service and so on. In Collingwood, development charges will be climbing dramatically as new fees are phased in over the coming years with the next hike due this September.
Recently, I listed the BEST-PRICED lots for sale in Collingwood today. Each measures 60 feet wide by 200 feet deep and they are nicely treed on a street serviced with municipal water. They are located in the eastern part of the town toward Wasaga Beach where the lots are large, there are more trees and quieter streets compared to living in the core. According to the existing by-law, lots are supposed to have 90 feet of frontage so a minor variance has been granted to other home-builders however, the new zoning by-law due this spring, changes the zoning to permit permits as they are.
These lots are listed for sale for only $39,900 and even after paying for development charges and the costs to connect to Town water, the tab would come in at about $60,000 – a fantastic price for a lot that is over a ¼ acre in size!
If you’ve been looking at lots for sale in Collingwood, you won’t want to miss these. They are located on Braeside Street and just look for my sign.
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