Developers, Investors, or First Time Home Buyers! Central Collingwood, 3 bedrooms, updated bathroom, large kitchen with island, main floor laundry, fenced yard, and close to most amenities! Renovations have been started with most of the heavy lifting already done. New roof, Board and Batten, new trim. Upper floor has been stripped back to the studs, new electrical, drywalled, ready for paint and flooring. Main level is open concept living area with economical wood stove, fresh paint. Large den or Costco sized storage room. Oversized detached garage for is great for a shop setup. Great potential for a handyman to build equity by completing the renovations and personalizing the space. Seller is motivated for a quick closing.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $317 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 116 Spruce St
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
44.00 x 165.00
Parking
4 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
None
Lot & land
Lot dimensions
44.00 x 165.00
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
116 Spruce St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S14123304$475,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 116 Spruce St Compares to the Collingwood Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,334
/mo
based on the purchase price of $475,000
$95,000 cash
$380,000 financed
$320,060 total interest
Principal54%$380,000
Interest46%$320,060
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Collingwood
Other 2–5 bed homes for sale in Collingwood around $475K.
Average days on market50Homes sold in about 50 days on average.
Sale-to-list ratio95.8%On average, homes sold below asking.
Active listings383Homes for sale here right now.
Median vs prior 90 days−10.8%Compared with May 1 – Jul 30, 2026: prices down.
Based on 216 sales from Jul 30 – Oct 28, 2026 (146 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 116 Spruce St
How much is 116 Spruce St listed for?
116 Spruce St is listed at $475,000 (MLS® S14123304). Summitly updates the price as soon as the MLS® record changes.
Is $475,000 a good price for 116 Spruce St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Collingwood. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 116 Spruce St changed?
No — 116 Spruce St is still listed at its original asking price of $475,000.
How many bedrooms and bathrooms does 116 Spruce St have?
116 Spruce St has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Collingwood.
How much would the monthly mortgage be on 116 Spruce St?
About $2,334 a month — principal and interest on $475,000 with 20% down ($95,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 116 Spruce St compare with other homes in Collingwood?
Its asking price of $475,000 is about 27% below the median sold price in Collingwood over the last 90 days, $646,500, across 216 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 116 Spruce St been sold before?
Summitly has no earlier MLS® sale or lease of 116 Spruce St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 116 Spruce St?
116 Spruce St is in Collingwood, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 116 Spruce St been on the market?
1 day — 116 Spruce St was listed on October 27, 2026.
What is the price per square foot of 116 Spruce St?
About $238 to $317 per square foot: the asking price of $475,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 116 Spruce St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 116 Spruce St have a basement, and is it finished?
