172 Eighth St #505 is a 2-bedroom, 1-bathroom condo in Collingwood, listed for $339,900. It has 1000-1199 sq ft of living space.
1There is still time to get in and settled before winter Underground parking for under $350k!
2You will not find a cheaper unit in Collingwood with underground parking.
3Next winter could be so much easier here at the Galleries, no shoveling a warm clean car in the underground parking and many friends right here in the building.
There is still time to get in and settled before winter Underground parking for under $350k! You will not find a cheaper unit in Collingwood with underground parking. Next winter could be so much easier here at the Galleries, no shoveling a warm clean car in the underground parking and many friends right here in the building. Affordable Elegance at The Galleries Collingwood's Hidden Gem. Step into comfort and convenience in one of Collingwood's most desirable addresses. The Galleries. This spacious 2-bedroom, 1-bath condo offers breathtaking views of the escarpment and unforgettable sunsets, all from the warmth of your own home. Features you'll love. Generously sized rooms, including a versatile laundry/storage space, Underground parking spot #82 and ground-level locker #505, Pet-friendly building (size restrictions apply). Condo fees Include covering water, sewer, heat, and A/C. New concierge service for added ease, rentable guest suite for visiting friends and family Library/community room for quiet moments or social gatherings. Fitness centre and sauna to keep you refreshed year-round. This is the most affordable unit in the building perfect for down-sizers or anyone seeking a low-maintenance lifestyle in a vibrant community. Ready for occupancy before the snow flies, so you can settle in just in time for winter coziness. location, lifestyle, and value all in one. Don't miss your chance to own at The Galleries. Schedule your viewing today!
2 bedrooms, 1 bathroom, about 1,000 sq ft, works out to roughly $340 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 172 Eighth St #505
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
172 Eighth St #505 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13880490$339,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 172 Eighth St #505 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
$1,670
/mo
based on the purchase price of $339,900
$67,980 cash
$271,920 financed
$229,028 total interest
Principal54%$271,920
Interest46%$229,028
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 1–2 bed homes for sale in Collingwood around $340K.
Average days on market49Homes sold in about 49 days on average.
Sale-to-list ratio95.9%On average, homes sold below asking.
Active listings403Homes for sale here right now.
Median vs prior 90 days−1.0%Compared with Apr 13 – Jul 12, 2026: prices down.
Based on 215 sales from Jul 12 – Oct 10, 2026 (133 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale at 172 Eighth St — plus its sale and lease history.
172 Eighth St #505 is listed at $339,900 (MLS® S13880490). Summitly updates the price as soon as the MLS® record changes.
Is $339,900 a good price for 172 Eighth St #505?
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 172 Eighth St #505 changed?
No — 172 Eighth St #505 is still listed at its original asking price of $339,900.
How many bedrooms and bathrooms does 172 Eighth St #505 have?
172 Eighth St #505 has 2 bedrooms and 1 bathroom, with about 1,000–1,199 square feet of living space. It is a condo in Collingwood.
How much would the monthly mortgage be on 172 Eighth St #505?
About $1,670 a month — principal and interest on $339,900 with 20% down ($67,980), 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 172 Eighth St #505 compare with other homes in Collingwood?
Its asking price of $339,900 is about 49% below the median sold price in Collingwood over the last 90 days, $670,000, across 215 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 172 Eighth St #505 been sold before?
Summitly has no earlier MLS® sale or lease of 172 Eighth St #505 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 172 Eighth St #505?
172 Eighth St #505 is in Collingwood, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 172 Eighth St #505 been on the market?
1 day — 172 Eighth St #505 was listed on October 9, 2026.
What is the price per square foot of 172 Eighth St #505?
About $283 to $340 per square foot: the asking price of $339,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 172 Eighth St #505 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 172 Eighth St #505 have a basement, and is it finished?
The listing says 172 Eighth St #505 has no basement.
