4 Cove Court 207, Collingwood

$769,900
4 Cove Court 207

$769,900

New
24d
Common Element CondoApartment

4 Cove Court 207, Collingwood

Total Monthly Obligation $4,297

Beds
3
Baths
3
Park
2
Sqft
1200-1399
DOM
24d
Score
16
Yield
4.4%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Common Element Condo
MLS® Number-S13838334
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Common Element Condo
Taxes-$4,155 (2026)
Maintenance-$645.37/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Stone, Vinyl Siding
Possession-Flexible
Neighbourhood-Collingwood
Title-Residential Condo & Other

No agent assigned

Welcome to this beautiful 3-bedroom, 3-bathroom condo in Collingwood, offering a perfect blend of comfort, relaxation, and breathtaking views. Enjoy stunning views of Georgian Bay from your private balcony, the perfect spot to unwind and take in the scenery. This quiet and comfortable home features a cozy gas fireplace, creating a warm and inviting atmosphere throughout the living space. Residents can also enjoy the convenience of a pool that is open year-round, providing a great place to relax or stay active in every season. The condo also includes two parking spots for added convenience. Whether you're looking for a peaceful full-time residence, weekend get away, or investment opportunity, this Collingwood condo offers an ideal combination of comfort, amenities, and beautiful surroundings.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$4,297/mo
Mortgage $3,106
Monthly Loss $3,480
Principal$817
Interest$2,288
Property Tax$346
Condo Fees$645
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$33,816/yr
NOI
$16,135/yr
Net Cash Flow
-$1,761/mo
Cash Margin
-62.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo35
Risk Index
19.1/ 100

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

Comparables

Properties near 4 Cove Court 207

Time

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Data last updated within the past 24 hours.