Sold for:Sold Sep 11, 2025
$385,000

Unit 507, 172 Eighth Street

Collingwood, ON L9Y 4T2

Condo Apartment SoldNot available
The Galleries exteriorThe GalleriesSee every listing here

Property not available for sale or for rent.

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Sale & Price History for Unit 507, 172 Eighth Street, Collingwood

2025-07-22
2025-09-12
Sold
Price
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MLS#
s12301640
2025-01-10
2025-05-31
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 507, 172 Eighth Street, Collingwood

The Galleries is one of Collingwood's most popular condo developments. Quiet, comfortable living awaits you in this amenity rich building. A concierage representative meets you in the spacious entrance hall and a building manager is on-site weekdays to assist in the maintenance of the building and property. A common room/library offers a setting to many social activities that occur for the residents. The Galleries also has a fitness room, sauna, overnight guest suite, underground parking for residents and a large outdoor parking lot for guests and visitors. Unit 507 has a southwest facing balcony, ideal for morning coffee and late afternoon relaxation. This two bed/one bathroom unit has large bedrooms and an open concept kitchen/dining and living room area. The sale includes all appliances. The condo fees cover the cost of heating, air conditioning, water and underground parking, as well as the use of the common room and fitness areas. Mail service is conveniently located inside the condo building. Public transit is available close to the building. The Galleries is a wonderful place to call home!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,816
Land Transfer Tax Fee
$4,250

Condo/Maintenance Fee

Maintenance Fee
$888 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • Building Insurance Included
  • Common Elements Included
  • Parking Included

Rental Items

Rental Equipment
hot water heater

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Laundry Level
Main Level
Interior Extras
Water Heater
View
Panoramic, Mountain
Security Features
Carbon Monoxide Detectors
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open
Exterior Extras
Lighting, Landscaped, Year Round Living, Recreational Area, Controlled Entry, Deck
Accessibility Features
Open Floor Plan, Wheelchair Access

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
158

Construction

Exposure
South
Exterior Finish
Stucco (Plaster)
Roof
Asphalt Rolled
Foundation Details
Poured Concrete
Special Designation
Unknown

Inclusions

Inclusions
disherwasher, dryer, washer, refrigerator, stove, garage door opener

Exclusions

Exclusions
none

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece, Main

Municipality
Collingwood
Neighbourhood
Collingwood
Main cross streets
oak, ninth
Zoning
R6
Directions
Hurontario Street to Eighth Street; between Oak and Walnut

MLS® number
S12301640
Data source
Toronto Regional Real Estate Board
Status change
2025-09-12
Listed on
2025-07-22
Days on market
52 days
Possession date
2025-08-31
Possession type
Immediate
Co-op commission
2%
Seller
Listed by
Engel & Volkers Toronto Central

Home Market Value

Current home valuation for Unit 507, 172 Eighth Street, Collingwood, Collingwood, ON. Listed for $385,000

HOMEH Estimate

?

$385,500

Estimated Sales Range

?

$328,490 - $442,510

HOMEH Estimate for Unit 507, 172 Eighth Street, Collingwood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$385,500High confidence
Based on 4 comparable properties
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Mortgage Payment Calculator

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Collingwood, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$19,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$14,630$10,742$9,163$0
=Total mortgage
$380,380$357,242$336,413$308,000
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$1,857monthly$1,744monthly$1,643monthly$1,504monthly
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Land Transfer Tax

Provincial

$4,250

Total Land Transfer Tax

$4,250

Around this home

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0/100Minimal Transit
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