23 Albany Street, Collingwood

$579,900
23 Albany Street

$579,900

New
7d
Att/Row/Townhouse2-Storey

23 Albany Street, Collingwood

Total Monthly Obligation $3,169

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Score
80
Yield
14.0%
Cash on Cash
36.4%
Cap Rate
12.4%
5Y IRR
46.2%
10Y IRR
42.2%
Property Type-Att/Row/Townhouse
MLS® Number-S14087986
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-23.62 × 104.99 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,457.98 (2026)
Parking-3 - Attached
Basement-Full, Unfinished
Heating-Other (Gas)
Brokerage-RE/MAX CROSSTOWN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Collingwood
Title-Residential Freehold

No agent assigned

Built in 2021, this 3-bedroom, 2.5-bath freehold townhome offers bright, open-concept living with decorative wall moulding and a welcoming covered porch. A tiled foyer and wood staircase lead to a spacious main floor with laminate flooring and large windows. The white kitchen features stainless steel appliances, ample counter space and a breakfast bar, opening to the dining area and great room. Sliding doors provide access to the backyard for outdoor dining and relaxing. Upstairs, the primary bedroom includes a walk-in closet and private ensuite with a separate tub and glass-enclosed shower. Two additional bedrooms and a full bathroom offer space for family, guests or a home office. The full unfinished basement provides laundry, storage and future finishing potential, while the attached single-car garage adds everyday convenience. The furnace and air conditioner are owned. Nearby schools include Admiral Collingwood Elementary School and Collingwood Collegiate Institute. Kinsmen Park, Bell Park and Pawplar Park "Dog Town" offer playgrounds, tennis courts, basketball, trails and a dog park. Enjoy Collingwood living close to Georgian Bay, local shops and restaurants, and the year-round recreation of Blue Mountain Resort. Some photos have been virtually staged or digitally enhanced.

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

Closing Costs

Mortgage Amount
$463,920
Land Transfer Taxes$8,073
Legal Fees (Est.)
$
Total cash required for closing$125,553

Total Monthly Obligation

$3,169/mo
Mortgage $2,339
Monthly Loss $2,553
Principal$616
Interest$1,724
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
10.9%92
Cash-on-Cash
28.3%99
5-Year IRR
39.4%100
10-Year IRR
36.2%
Returns Index
98.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$81,396/yr
NOI
$63,298/yr
Net Cash Flow
$2,936/mo
Cash Margin
43.3%100
Cash Flow Index
99.7/ 100
Risk Profile
Weight: 20%
DSCR
2.2698
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
54.5/ 100

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

Comparables

Properties near 23 Albany Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.