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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Collingwood
About 508 Hume Street
Approximately 1,365 sq. ft. of commercial space for lease at 508 Hume Street in Collingwood. Landlord is seeking a quick-service restaurant concept, excluding operations whose primary business is selling hamburgers or cheeseburgers. Asking base rent is $38.00 per sq. ft. per year, net, plus estimated TMI of $10.00 per sq. ft. per year and applicable HST. Minimum five-year lease term, with ten years preferred. Tenant improvements are at the tenant's expense. Possession and fixturing timing are subject to agreement and completion of the required work. Shared parking with no reserved spaces. Building and pylon signage opportunities are subject to landlord approval and municipal bylaws. Proposed use is subject to landlord approval, applicable zoning and permits.
Collingwood retail priced at $38 — book a tour to see if it fits your search.
Inside 508 Hume St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
508 Hume 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® S14123238$38
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 508 Hume St Compares to the Collingwood Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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.
Keep looking near 508 Hume St
Homes for sale in Collingwood
Every active Collingwood MLS® listing, updated all day.
Average days on market51Homes sold in about 51 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−11.4%Compared with May 1 – Jul 30, 2026: prices down.
Based on 212 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 508 Hume St
How much is 508 Hume St listed for?
508 Hume St is listed at $38 (MLS® S14123238). Summitly updates the price as soon as the MLS® record changes.
Has the price of 508 Hume St changed?
No — 508 Hume St is still listed at its original asking price of $38.
How many bedrooms and bathrooms does 508 Hume St have?
The listing for 508 Hume St doesn't publish its bedroom and bathroom count. It is a commercial property in Collingwood.
How does 508 Hume St compare with other homes in Collingwood?
Its asking price of $38 is about 100% below the median sold price in Collingwood over the last 90 days, $642,500, across 212 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 508 Hume St been sold before?
Summitly has no earlier MLS® sale or lease of 508 Hume St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 508 Hume St?
508 Hume St is in Collingwood, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 508 Hume St been on the market?
1 day — 508 Hume St was listed on October 27, 2026.
What is the land transfer tax on 508 Hume St?
About $0 in Ontario land transfer tax at the asking price of $38. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 508 Hume St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 508 Hume St?
The listing for 508 Hume St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Collingwood.
When was 508 Hume St built?
The listing for 508 Hume St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.