Why More People Are Leaving Toronto for Collingwood and Southern Georgian Bay

More and more people from Toronto are making a major life decision โ€” theyโ€™re leaving the city behind and moving to Collingwood full-time.

And itโ€™s no longer just retirees or weekend cottage owners making the move. Today, itโ€™s families, professionals, and remote workers who are choosing a different lifestyle in Southern Georgian Bay.

So the real question isโ€ฆ why?


Collingwood Is No Longer Just a Weekend Destination

Five years ago, Collingwood was mostly seen as a getaway โ€” a place to ski in the winter, spend a few summer weekends, and then head back to Toronto life.

That has completely changed.

Today, buyers from Toronto and the GTA are relocating here full-time, and for many, it simply makes sense.


Lifestyle Is the Biggest Driver

One of the biggest reasons people are moving is lifestyle.

Many buyers are re-evaluating what they actually want their everyday life to feel like.

Toronto offers energy, opportunity, and convenience โ€” but it also comes with traffic, long commutes, crowded spaces, and a constant sense of rush.

For many people, that pace eventually starts to wear them down.

In contrast, life in Collingwood and the surrounding Southern Georgian Bay area feels different.

Youโ€™re surrounded by Georgian Bay, ski hills, trails, golf courses, and beaches โ€” with far more opportunity to enjoy the outdoors and slow down.

For many buyers, itโ€™s no longer just about the house they live inโ€ฆ itโ€™s about the life they want to live.


Remote Work Has Changed Everything

Another major shift is remote and hybrid work.

People are no longer tied to downtown offices the way they used to be.

That has opened up a simple but powerful question:

If I donโ€™t need to be in Toronto every dayโ€ฆ where do I actually want to live?

For a growing number of people, the answer is Collingwood.


Your Money Goes Further Here

Affordability and value also play a big role.

In Toronto, a budget around $800,000 often means condo living, limited space, maintenance fees, and minimal outdoor areas.

In Collingwood and nearby communities, that same budget can open the door to:

  • Detached homes
  • Townhomes
  • Larger lots
  • Garages
  • Outdoor space and privacy

Itโ€™s not just about square footage โ€” itโ€™s about lifestyle, comfort, and breathing room.


A Strong Sense of Community

One of the most overlooked benefits of living here is community.

Downtown Collingwood offers a strong local feel with cafรฉs, restaurants, boutiques, farmersโ€™ markets, and year-round events.

Many people who move here often say the same thing โ€” they feel more connected, more recognized, and less anonymous than they did in the city.


The Honest Side: What You Should Know

No community is perfect, and itโ€™s important to be realistic.

Living in Collingwood full-time does come with adjustments:

  • Winters are snowier
  • Tourist seasons can get busy
  • Healthcare access can feel stretched at times due to population growth

However, that is also driving significant investment in the region.


Major Healthcare Investment for the Future

One of the most important developments is the Collingwood General and Marine Hospital redevelopment project.

A new, modern hospital is planned on a 54-acre site in Collingwood, with expanded emergency care, diagnostic services, surgical capacity, ICU upgrades, and more beds to support the growing population.

The project is currently in planning and design stages, with construction expected to begin around 2028 and a long-term vision for completion in the early 2030s.

We are also seeing continued growth in local healthcare services and an increase in physicians choosing to practice in the area โ€” all positive signs for long-term community growth.


Walkability, Travel, and Everyday Convenience

Daily life here is more convenient than many people expect.

In downtown Collingwood, you can walk or bike to restaurants, grocery stores, cafรฉs, shops, and services without needing to rely heavily on a car.

For travel, residents also have options โ€” including connections through Barrie, train service links, and regional bus options like FlixBus โ€” making it easier to stay connected to Toronto and beyond.


Final Thoughts

At the end of the day, people arenโ€™t just moving to Collingwood for real estate.

Theyโ€™re moving for a different way of life.

For some, Toronto will always be the right fit.

But for others, the appeal of more space, more nature, and a slower pace becomes exactly what theyโ€™ve been looking for.

If youโ€™re thinking about making a move from Toronto to Collingwood or Southern Georgian Bay, reach out โ€” weโ€™d be happy to help guide you through it.


Mountaincroft Collingwood Homes for Sale | Neighbourhood Guide & Lifestyle

Living in Mountaincroft Collingwood: Homes, Lifestyle & Community Guide

If youโ€™re exploring Collingwood real estate, one neighbourhood that consistently stands out is Mountaincroft. Located in the heart of Collingwood, Ontario, this modern and well-planned community offers a blend of comfort, convenience, and lifestyle that appeals to families, retirees, and relocating buyers alike.

What is Mountaincroft in Collingwood?

Mountaincroft is a newer residential development in west Collingwood, known for its clean design, quiet streets, and strong sense of community. Built primarily by Devonleigh Homes, this neighbourhood features a variety of detached homes and bungalows designed for modern living.

It has quickly become one of the more desirable Collingwood neighbourhoods thanks to its thoughtful planning and long-term value.

See current listings in the Mountaincroft Community.

Mountaincroft Lifestyle: Why Buyers Love It

Living in Mountaincroft means being close to everything that makes Collingwood such a sought-after destination.

You are only minutes from Blue Mountain, one of Ontarioโ€™s top four-season destinations, offering skiing, hiking, biking, dining, and entertainment year-round. Waterfront lovers also enjoy quick access to Georgian Bay, known for its beaches, sunsets, and relaxed lifestyle.

This combination of outdoor recreation and small-town charm is what makes Collingwood Ontario lifestyle living so attractive.

Homes in Mountaincroft Collingwood

Homes in Mountaincroft are designed with comfort and practicality in mind. Buyers will typically find:

  • Open concept layouts
  • Modern kitchens and finishes
  • Attached garages
  • Spacious family-friendly designs
  • Bungalows and two-storey options

Many homes include upgraded finishes and finished basements, making them ideal for families, downsizers, or investors looking at Mountaincroft homes for sale.

A True Community Feel

One of the strongest features of Mountaincroft is its neighbourhood feel. Itโ€™s quiet, safe, and walkableโ€”ideal for anyone looking for a family-friendly neighbourhood in Collingwood.

Residents often enjoy walking dogs, connecting with neighbours, and being part of a welcoming community atmosphere that is sometimes hard to find in newer developments.

Prime Collingwood Location

Mountaincroft is ideally located close to everything:

  • Downtown Collingwood shops and restaurants
  • Schools and parks
  • Trails and recreation
  • Healthcare services
  • Easy access to Blue Mountain and Wasaga Beach

This makes it a top choice for anyone searching for homes in Collingwood Ontario near Blue Mountain or looking to relocate within Southern Georgian Bay.

Current listings available for sale.

Is Mountaincroft Right for You?

Mountaincroft appeals to a wide range of buyers, including:

  • Families looking for safe, modern neighbourhoods
  • Retirees downsizing into bungalows
  • Professionals relocating to Collingwood
  • Buyers looking for long-term real estate value in Southern Georgian Bay

If youโ€™re researching where to live in Collingwood Ontario, Mountaincroft should absolutely be on your list.


Thinking About Mountaincroft Collingwood Homes?

If you want current pricing, listings, or insight into whether Mountaincroft fits your lifestyle and budget, Iโ€™m happy to help. Collingwood real estate moves quickly, and having the right guidance makes all the difference.

Weโ€™re The Georgian Realty Team โ€” Kimberlee Diamond & Chassity Cook, here for all of your real estate needs.

๐Ÿ“ Explore Collingwood like a local
Subscribe to our YouTube channel for honest neighbourhood tours, market updates, and real talk about living in Southern Georgian Bay.

The Georgian Realty Team: You Have Choices. Hereโ€™s Why Clients Choose Us.

Letโ€™s address the elephant in the room.

There are a lot of realtors in Collingwood, The Blue Mountains, Wasaga Beach and Southern Georgian Bay. And yes โ€” we know that public trust in the real estate industry hasnโ€™t always been strong.

You have options.
You should have options.
And you deserve transparency when making one of the biggest financial decisions of your life.

At The Georgian Realty Team, we donโ€™t shy away from that reality โ€” we lean into it.

Results Matter. Integrity Matters More.

Over 30 years of sales experience has taught us one thing: reputation is everything. Sales numbers donโ€™t lie, but neither do reviews.

In 2025, we were recognized as a top-rated real estate team in Collingwood by RankMyAgent โ€” an award based entirely on verified client reviews. Not paid ads. Not internal brokerage stats. Real feedback from real buyers and sellers.

Trust isnโ€™t claimed. Itโ€™s earned.

What Makes Us Different?

We believe the modern client is smart, informed, and cautious โ€” and they should be.

Thatโ€™s why we operate differently:

  • Clear, honest pricing strategies backed by real market data
  • Transparent communication from day one
  • Strategic digital marketing that maximizes exposure locally and beyond
  • A proven home selling system designed to reduce days on market and increase return
  • No pressure. No inflated promises. Just measurable results.

We donโ€™t believe in โ€œlist and hope.โ€ We believe in strategy.

The Georgian Realty Team
The Georgian Realty Team

Community Is Not a Buzzword Here

We live and work in Southern Georgian Bay. This isnโ€™t a sales territory โ€” itโ€™s home.

For every home sold, we donate to My Friendโ€™s House and Georgian Triangle Humane Society. Because real estate has been good to us โ€” and we believe success should create impact locally.

Leadership You Can Rely On

Kim is not only a consistent top-producing Realtor in Southern Georgian Bay โ€” she mentors and trains agents across Canada. Staying ahead of market shifts, regulatory updates, and evolving consumer trends isnโ€™t optional โ€” itโ€™s required.

In a changing market, experience matters. Strategy matters. Negotiation skill matters.

Why Clients Stay With Us

Buyers and sellers consistently tell us they felt:

  • Heard
  • Educated
  • Protected
  • Informed at every step

Thatโ€™s the standard.

If youโ€™re interviewing realtors โ€” good. You should be.

Ask about their marketing strategy.
Ask about their average days on market.
Ask about negotiation experience.
Ask for verified reviews.

Then decide.

If youโ€™re looking to buy or sell in Collingwood, The Blue Mountains, Wasaga Beach, or anywhere in Southern Georgian Bay, weโ€™d be honored to earn your trust โ€” not assume it.

The Georgian Realty Team
Proven results. Transparent strategy. Community-driven.

5 Reasons Youโ€™ll Want to Call Lora Bay Home

Lora Bay 18 Hole Championship Golf Course

Nestled along the sparkling shores of Georgian Bay, the Lora Bay community captures everything people love about living in Ontarioโ€™s beautiful Blue Mountains region โ€” breathtaking scenery, vibrant social life, and a perfect balance of recreation and relaxation. Whether youโ€™re searching for your dream home, a peaceful retirement spot, or a weekend escape, here are five reasons Lora Bay deserves to be at the top of your list.

Scenic Beauty That Inspires Every Day

Few places rival Lora Bayโ€™s natural surroundings. Overlooking Georgian Bay and framed by the Niagara Escarpment, residents enjoy stunning views in every season โ€” from summer sunsets over the water to snow-covered hills in winter. Outdoor enthusiasts love the easy access to beaches, hiking trails, and ski slopes just minutes away.

Golf, Dining & Recreation at Your Doorstep

At the heart of the community is the Lora Bay Golf Club, a championship 18-hole course co-designed by PGA pro Tom Lehman. The beautifully maintained fairways and the clubhouse restaurant create the perfect setting for both sport and social connection. Beyond golf, youโ€™ll find nearby hiking, cycling, and skiing options, making it a true four-season lifestyle.

A Genuine Sense of Community

Lora Bay offers more than beautiful homes โ€” it offers belonging. From yoga classes and book clubs to wine nights and neighborhood gatherings, residents enjoy an active and welcoming atmosphere that makes newcomers feel instantly at home.

Elegant Homes Designed for Modern Living

The homes in Lora Bay blend timeless architecture with contemporary comfort. Open-concept layouts, large windows, and upscale finishes make each home a retreat where you can unwind and entertain in style. Whether you prefer a bungalow, a custom build, or a townhome, the craftsmanship and attention to detail shine through. See whatโ€™s currently on MLS or explore whatโ€™s available for sale to find your perfect Lora Bay & surrounding area home.

Proximity to Thornbury & Blue Mountain

Just a short drive from Thornburyโ€™s charming downtown, youโ€™ll discover boutique shopping, local dining, and a relaxed small-town feel. Add the excitement of Blue Mountain Resort and the nearby ski clubs, and you have the perfect mix of tranquility and adventure.

Discover Lora Bay with Local Experts

If youโ€™re considering making Lora Bay your home, it helps to have professionals who know the area inside and out. Kimberlee Diamond and Chassity Cook of The Georgian Realty Team have long been trusted names in the Blue Mountain and Thornbury real estate market, offering deep local insight, personalized service, and a passion for helping clients find the perfect fit in this exceptional community.

Reimagining Collingwoodโ€™s Waterfront: Where History Meets Immersive Adventure

Step onto Collingwoodโ€™s waterfront and dive into an adventure like no otherโ€”without giving up this sacred space to another condo tower. Imagine an IMAX theatre that tosses you into the heart of the Great Lakesโ€™ wild seas, letting adults and kids alike feel the thrill of life aboard a storm-tossed ship. From there, step into a living story where you experience a day in the life of the harborโ€™s historic vesselsโ€”loading cargo, navigating storms, and discovering the rhythm of life on the water. And for a touch of magic, walk across a glass floor to see colorful local fish and marine life swimming right beneath your feet. This is more than tourismโ€”itโ€™s a hands-on celebration of Collingwoodโ€™s history, nature, and community, turning the terminals into a place where visitors leave inspired, educated, and coming back for more.

Collingwood Terminals

Key Features:
1. Heritage & Maritime Museum

Interactive exhibits on Collingwoodโ€™s grain and shipping history.
Simulated grain loading/unloading experience.
Audio-visual storytelling of the workers, ships, and port life.

2. Observation & Learning Decks

Panoramic views of Georgian Bay from silo-top decks.
Educational plaques on local ecology, shipping, and history.
Telescope stations for birdwatching or stargazing in the evening.

3. Creative Arts & Culture Space

Artistsโ€™ studios and galleries within the terminals.
Outdoor projection art and light installations on silo walls.
Seasonal art fairs or interactive workshops for families and school groups.

4. Culinary & Craft Corner

Grain-inspired cafรฉ or bakery featuring local products.
Cooking classes, baking workshops, and artisanal craft stalls.
Farm-to-table and heritage cooking events highlighting Collingwoodโ€™s local food.

5. Adventure & Outdoor Learning

Rope courses, climbing walls, or zip lines integrated safely with the structure.
Educational workshops on physics, engineering, and maritime logistics.
Seasonal weekend festivals, pop-up markets, or eco-learning days.

6. Community-Friendly Schedule

Open to visitors mainly during the day.
Evening events limited and controlled to reduce noise for residents.
Certain sections can โ€œsleepโ€ at night while residents enjoy quiet.

Benefits:
โ€ข Preserves a historic landmark and Collingwoodโ€™s identity.
โ€ข Attracts tourists and school groups, boosting local economy.
โ€ข Engages residents without overwhelming the neighborhood.
โ€ข Creates an iconic destination unique to Collingwood rather than just another condo project.


Am I the only one saddened by the newly proposed condo development at the terminals? Couldn’t we have thought outside the box? This space could be a living legacy, a place where history, adventure, and community meetโ€”and a jewel for generations to treasure, not just another building to fill the skyline.

Perhaps Iโ€™m a dreamer, but I see a Collingwood waterfront where families laugh, history comes alive, and visitors leave with stories theyโ€™ll tell for years

Expert Insights: Kimberlee Diamond on Todayโ€™s Real Estate Market

Meet Kimberlee Diamond ๐Ÿ‘‹ she leads The Georgian Realty Team + chatted with SPACES (Collingwood Today Published September 15, 2025)) about the current state of the housing market. Hereโ€™s her expert analysis on real estate at the moment…

Q. What are you seeing in the real estate market right now? What the #$@% is happening?
Whatโ€™s happening is the unstable economic conditions are bleeding into real estate โ€” high interest rates, inflation, and shaky consumer confidence have buyers hesitating and sellers holding back. Itโ€™s making the market feel unpredictable and a bit chaotic.

Q. Itโ€™s a buyersโ€™ market โ€“ whatโ€™s your advice for anyone thinking of listing their place this fall?
Price sharp, present it perfectly, and be prepared to negotiate โ€” buyers have the upper hand this fall, so your home needs to stand out.

Q. For those looking to buy โ€“ what do you think they should know?
Buyers finally have leverage โ€” more choice, room to negotiate, and less competition. But donโ€™t drag your feet; well-priced homes still move fast.

Q. Do you feel optimistic about the fall housing market? What do you think needs to happen for real estate to bounce back?
Iโ€™m cautiously optimistic โ€” if rates ease even a little and consumer confidence picks up, weโ€™ll see more activity. For a real bounce back, we need stability in the economy and more balance between supply and demand.

Q. Whatโ€™s the worst listing faux pas? What common feature are you seeing that prevents people from putting in an offer?
Overpricing โ€” it kills momentum right out of the gate. A common deal-breaker I see is outdated or poorly maintained kitchens and bathrooms; buyers donโ€™t want to take on a massive project right now.

Sustainability vs Speed: What Buyers & Builders Must Weigh

A Collingwood Reflection

Ontarioโ€™s housing market is at a crossroads. With the provincial government pushing to accelerate construction through legislation like the More Homes Built Faster Act and the Protect Ontario by Building Faster and Smarter Act, the goal is clear: get more homes on the market quickly to meet soaring demand. But speed comes at a price โ€” and for many, the price is environmental sustainability.

The Push for Speed

Ontario has been grappling with a housing shortage for years, and rapid population growth, particularly through immigration, has only added to the pressure. To address this, the provincial government has taken steps to streamline approval processes, remove certain municipal zoning barriers, and incentivize developers to build quickly. Ministerโ€™s Zoning Orders (MZOs) have been used more frequently, allowing the province to fastโ€‘track developments that might otherwise face lengthy delays at the municipal level.

For buyers, this should mean more options and potentially more affordable housing as supply increases. But critics argue that this rush to build can come at the expense of careful planning and community input.

The Case for Sustainability

At the same time, demand for environmentally conscious housing is growing. Todayโ€™s buyers โ€” especially millennials and Gen Z entering the market โ€” are increasingly asking about energy efficiency, green certifications, and carbon footprints. Sustainable building practices not only reduce environmental impact but can also lower longโ€‘term costs for homeowners through better insulation, solar integration, and water conservation systems.

Environmental groups and some municipalities have voiced concern that provincial legislation overrides local green building standards, weakens protections for wetlands and green spaces, and could contribute to urban sprawl.

The Balancing Act

The challenge is clear: Ontario needs housing, but it also needs to build communities that will stand the test of time โ€” environmentally, socially, and economically. A purely speedโ€‘focused approach risks creating developments that may not meet future energy efficiency standards or that could strain local infrastructure.

For buyers, this means doing their homework. When considering a new home, ask questions about:

  • Energy efficiency ratings (e.g., EnerGuide or Energy Star)
  • Building materials and whether they are sustainably sourced
  • Access to public transit or active transportation infrastructure
  • Community planning โ€” does the development include green space, walkability, and essential services?

A Way Forward

The ideal solution lies in finding a middle ground. Faster construction can coexist with sustainability if builders embrace innovative practices such as modular construction, netโ€‘zero design, and lowโ€‘impact development techniques. Governments can encourage this by offering incentives for green building and by ensuring that streamlining processes do not compromise environmental protections.

Ontarioโ€™s housing future depends on both supply and sustainability. As buyers and builders, the choices made today will shape the communities of tomorrow โ€” and the planet they sit on.

A Collingwood Reflection

In a place like Collingwood, where natural beauty is part of the townโ€™s identity, this conversation feels especially personal. The escarpment, Georgian Bay, and surrounding trails remind us daily why preserving green space matters. Growth is coming โ€” new subdivisions, condos, and commercial projects โ€” but the challenge is to welcome that growth without losing what makes Collingwood special. Thoughtful planning, sustainable building, and respect for the natural landscape can ensure that Collingwood continues to be a place where both people and nature thrive for generations to come.

HUGE Lot Collingwood! Spacious 3-Bedroom Detached Home Across from Georgian Bay

Are you searching for a home that combines size, location, and endless potential? Welcome to this stunning 3-bedroom, 3-bathroom detached home, offering approximately 2,800 sq. ft. of bright and spacious living space. Nestled in a quiet cul-de-sac and situated on a massive 109×165-ft corner lot, this home is located directly across from the breathtaking Georgian Bayโ€”perfect for nature lovers, outdoor adventurers, and those seeking peace and privacy.

Prime Location with Outdoor Adventures at Your Doorstep

Located in a sought-after area, this home provides unparalleled access to nature trails, watersports, and endless outdoor activities. Whether you enjoy kayaking, paddleboarding, or taking peaceful walks along the waterfront, this location has it all.

Spacious & Functional Layout

This home offers multi-generational living potential with a daylight basement featuring above-grade windows and a separate entrance, making it ideal for an in-law suite, rental income, or additional living space. The possibilities are endless!

Key Features Youโ€™ll Love:

โœ… HUGE Family-Sized Eat-In Kitchen โ€“ The heart of the home, perfect for gatherings and entertaining. โœ… Dramatic Living Room โ€“ Soaring cathedral ceilings with 18-foot floor-to-ceiling windows, bathing the space in natural light. โœ… Glass-Enclosed 3-Season Sunroom โ€“ A relaxing retreat to enjoy the beauty of the outdoors year-round. โœ… Large Primary Suite โ€“ Includes a private 3-piece ensuite for added comfort. โœ… Classic Hardwood Floors โ€“ Timeless strip hardwood throughout the home. โœ… 19×13-ft Concrete Block Garage โ€“ Ideal for hobbyists, storage, or a workshop. โœ… Recent Upgrades โ€“ 6-year-new furnace & central air system, 2-year-old central vacuum, and a 200-amp electrical service. โœ… Roof Re-Shingled Approx. 10 Years Ago โ€“ A solid foundation for future updates and customization.

Endless Potential Awaits

While this home may require some updating, it provides an exceptional opportunity to make it your own. With its sprawling lot size, flexible layout, and unbeatable location, itโ€™s the perfect canvas to create your dream home.

๐Ÿ“ž Schedule Your Private Viewing Today! Donโ€™t miss out on this rare opportunity to own a home in one of the most desirable locations near Georgian Bay. Contact us now to book your showing and explore the possibilities! The Georgian Realty Team. Kimberlee Diamond 705-994-7117 and Chassity Cook 705-994-7127.

Simcoe County Offers $30,000 Forgivable Loan For Secondary Suites Program

Accessory Dwelling Units (ADUs) are helping address the housing crisis in several ways:

  1. Supply: They add supply of housing to the market. Without extra land permits, many ADUs can be built, adding units without requiring new development of land.
  2. Cost: They tend to be cheaper per square foot than normal homes, so that more people with lower cash flows could afford some of them.
  3. Flexibility Benefits for Homeowners: ADUs can provide a homeowner with financial stability by bringing in rental income if they were to rent out the ADU to help them afford their primary.
  4. Reduction of Space Waste: Having an ADU allows us to make better use of home space in all contemporary communities (urban, suburban).
  5. Stability of Community: Offering more dwellings in existing neighbourhoods, ADUs can help communities stay stable, and prevent displacement due to property value escalation and competing opportunities for development.

In conclusion, although the article failed to locate a study that quantifies the actual increase in housing availability and affordability resulting from ADUs, we expect the increase to be significant, considering the high housing shortage in those US areas where they are operating (Suggested Paraphrase: Overall, ADUs are a great solution to address housing shortage problems, in a simple, useful and above all cost-effective way.)

ARE YOU ELIGIBLE TO APPLY?

If you are interested in participating in the Program to create a secondary or garden suite, applicants must meet the following criteria:

  • Own a property in the County of Simcoe
  • Creation of secondary or garden suite must comply with all municipal/building regulations
  • Property taxes and mortgage payments up-to-date
  • Insurance coverage for the full replacement value of the home
  • You must be a Canadian Citizen, Landed Immigrant, or have Refugee Claimant Status and have no deportation order under the Immigration Act (Canada) against any member of the household or no departure order or exclusion order under the Immigration Act (Canada) has become effective with respect to any member of the household
  • Not be in the process of applying for bankruptcy or have an active bankruptcy filed
  • Total of all mortgages and any other encumbrances registered on title, plus the Program funding, cannot exceed the market value of the home

RENTAL UNIT REQUIREMENTS โ€ข Rents must be at or below the Average Market Rent as established by Canada Mortgage and Housing Corporation for a period of 15 years

  • Ingoing occupant(s) of the rental until must have a maximum household income below an amount as established by the Ministry of Municipal Affairs and Housing
  • Annual reporting of rental amounts is required
  • Units must be modest in terms of floor space and amenities
  • The use of energy-saving products and/or systems are strongly encouraged

LOAN FORGIVENESS

To earn loan forgiveness, you must maintain continued ownership of the property and adhere to all terms and conditions of the Loan Agreement. Loans for the creation of secondary/garden suites are forgiven at an equal rate over a 15 year period.

LOAN REPAYMENT : PROGRAM DEFAULTS

If any of the following occur, you will be deemed to be in breach and we may terminate this

Source:

Paraphrased from the human-sounding input while retaining quotes and citations. outstanding loan amount must be repaid:

  • The transfer, lease or selling of the home
  • Information was misrepresented to the County of Simcoe at any given time during the process
  • The loan is used for a purpose other than the repairs outlined in the scope of work
  • Property taxes and/or mortgage payments are in default
  • Rents and tenancies for secondary/garden suites do not meet Program Guidelines
  • Property is no longer insured to its full replacement value

For more information on this program click here. https://simcoe.ca/residents/housing/affordable-housing-programs/#SecondarySuitesProgram

Monaco Condominium Collingwood

In the Monaco condominium, residents enjoy a plethora of luxurious amenities. The moment you step into the grand and tastefully decorated residential lobby, you’ll feel a sense of arrival. Situated just a short distance from trendy shops and restaurants, the Monaco condominium building is surrounded by the year-round splendor of Southern Georgian Bay and the Blue Mountains.

The Monaco stands as a modern condominium project with six stories, 127 units & is located at the intersection of Hurontario St. and Hume St. Positioned in the heart of downtown Collingwood, this elegantly designed building includes such amenities as a rooftop retreat, rooftop party venue, fitness center, underground parking, storage locker facilities, bike racks, and retail spaces on the main floor.

Just a brief walk to the Gayety theatre, shops, the shipyard and numerous excellent dining establishments within our downtown core, make the Monaco an exceptional option for embracing your optimal lifestyle! Check out what is currently listed for sale at www.collingwoodmonaco.com and to book your personal viewing today. Indulge in the luxury lifestyle that awaits you!