Collingwood · L9Y 0X3
$4,200,000
$158 / sq ft1 months on market
Rare opportunity to acquire a premier 0.609-acre (26,522 sq. ft.) corner development site in Collingwood's Downtown Core. Zoned C1 Commercial and designated Downtown Core under both the current and proposed Official Plan, this fully serviced property occupies a highly visible gateway location where development parcels of this size rarely become available. Positioned outside both the Business Improvement Area (BIA) and the Heritage Conservation District, the property offers development flexibility. Existing access is from Market Street, with the potential for additional access from Hume Street, subject to municipal approval. Significant due diligence has already been completed, with a comprehensive package of transferable reports available to the purchaser, including civil, traffic, geotechnical planning and other studies prepared for a previously approved site plan. Phase I and Phase II Environmental Site Assessments and a Record of Site Condition are also available, confirming clean site conditions. Whether your vision is commercial, mixed-use, residential or another permitted C1 use, this outstanding property offers a rare combination of location, prior planning and approval work and development potential n one of Ontario's most sought-after communities. Engineering analysis completed in support of the previously approved site plan also confirmed the feasibility of underground parking on the property. High speed fibre internet service is available, and site investigations have also confirmed the property's suitability for a geothermal energy system. Large, serviced development parcels within Collingwood's Downtown Core seldom come to market. 121 Hume Street represents a rare opportunity to secure a strategic landholding in one of Southern Ontario's most dynamic and rapidly growing communities.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 94% of comparable vacant land listings in Collingwood are asking less.
Based on 17 comparable active vacant land listings in Collingwood. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $4,200,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Engel & Volkers Toronto Central. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.