Archive for the 'Condominiums' Category

How much extra would you pay for a garage or basement in your Collingwood condo?

The average sale price of a condo in Collingwood this year has run on average, at about $390,000 but not all condos are created equal: The average sale price of a condo without a garage was actually $279,277. With a garage, that number rises to $544,979! Condos with a basement sold for an average of […]

Top 7 Most Popular Collingwood Condos, past 6 months

In the past six months, 165 condominiums have been reported sold in Collingwood, according to statistics available through our local Southern Georgian Bay Association of REALTORS®. Here are the most popular condo developments, by number of sales, during that time period.  Cranberry Village:  53 Sales – representing 32% of the total Collingwood condos sold in […]

Déjà vu: Admiral Collingwood Condo Development Gets a New Owner

The beleaguered former Admiral School site at Hume and Hurontario St in Collingwood has been the subject of so much controversy since the old school was torn down in 2005. Much of the anger has centered around the process and about the height of the building located at the gateway to the downtown heritage district. Over […]

Look at what happened to prices in this Blue Mountain condo development in just two years!

Look at this chart.  These are the sale prices of units that have sold in Mountain Springs Resort near Blue Mountain over the last two years.  All are the same size (737 square feet) although there are some variances in condition of a unit or the views they may have.  Nonetheless, they are pretty similar. […]

How much does an extra bedroom cost you in a condo at Blue?

Before you decide to buy a unit with an extra bedroom for the kids who come and visit twice a year, you may want to see if it makes financial sense. Here is a look at the 2016 condo prices In Collingwood and Blue Mountain.  (Good conversation starters at your next Apres Ski soiree too!) […]

Buying an Investment Condo at Blue Mountain

So many people suddenly seem to be interested in buying an investment condo at Blue. Most people I talk to are looking for something they can rent out as a recreational unit in or around the Village at Blue Mountain. I’ve written a number of blog posts on this topic such as this 4 part […]

Condo Buying: Consider the 3 Ps.

While completing an educational course on Condominiums recently, the lawyer conducting the webinar said that in addition to the usual concerns and characteristics of a condo purchase (the unit, common elements, amenities, lifestyle, restrictions, etc.), there are “3 Ps” that should be taken into consideration when purchasing one: The Three Ps of Condos P #1 […]

The Shipyards in Collingwood Development Is Underway Again

After sitting idle for the last 4 years, it is exciting to see development at The Shipyards in Collingwood underway again.  This award winning project started sales back in 2010 but stalled in 2012 due to the need for financial restructuring.  By that time, all of the product had been sold but demand continued to […]

Attention Collingwood Real Estate Investors and Home Owners: Here’s is what’s happening with local house prices

People ask this question all the time and really, it is very challenging to answer how much the market has gone up or down at any given time.  Statistics are a tricky thing as there are too many ways to interpret them.  But I’ve noticed something interesting. Our real estate board reports 12-month average sale […]

Mountain Springs Resort: A Blue Mountain Investment Condo Option and How It Works

Mountain Springs Resort is a 144 unit, slope side development at Blue Mountain that is located next to the Toronto Ski club with direct access to the north chair.  It’s still possible to buy units for under $100,000 here so I do get a number of enquiries about this project as you can imagine. Units […]

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