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Investment signal

$635,000

11 VICTORY DRIVE

Save this home

Beds

2

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Collingwood. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Nestled on the edge of downtown Collingwood, this charming bungalow offers the perfect blend of comfort, convenience, and opportunity. Just under 1,000 square feet, this bright and inviting home features 2 bedrooms, 1 bathroom, and a cozy office space-ideal for working from home or creating a quiet retreat.Thoughtfully updated, the interior boasts modern touches including pot lights and a warm, welcoming atmosphere throughout. Natural light fills the home, enhancing its airy feel and cozy vibe. At the back, a practical mudroom with in-home laundry provides the perfect drop zone for all your outdoor gear. Step outside to a spacious yard ready for your personal vision-whether it's a lush garden, entertaining space, or your own private backyard oasis. A detached garage adds extra storage and functionality. Located on a quiet street with friendly neighbours, this home is just a 10-minute walk to downtown shops, restaurants, and waterfront amenities. Families will appreciate the proximity to local schools including CCI, Our Lady of the Bay, Admiral Collingwood, and Cameron Street. Commuters will love the easy access out of town, making trips south a breeze.Whether you're a first-time buyer, looking to downsize, or seeking a smart investment opportunity, this property checks all the boxes. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Collingwood
Common interest
Freehold
Lot dimensions
40 x 100 FT
Bedrooms
2 above grade
Parking
3 total
Stories
1
On market
Apr 20, 2026
Status changed
Apr 26, 2026
Annual tax
$2,375 (2025)
Photos
26
MLS#
S13021980
Area
COLLINGWOOD

Features and systems

Parking

Detached GarageGarage

Basement

None

Appliances

WasherRefrigeratorStoveDryerWater Heater

Heating

Forced airNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

Block
Negative cash flow ~$723/mo at these assumptions

Cash on cash

-6.83%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,936

Financing

Down payment$127,000
Loan amount$508,000
Mortgage$2,574/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$291
Insurance$80
Maintenance$529
CapEx reserve$265
Vacancy loss$159

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,574/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

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