The Monaco

The Monaco is a low-rise condo apartment at 1 Hume Street in downtown Collingwood, comprising three storeys with a mix of residential units. Recent listings have shown asking prices around $595,000, with rental activity at approximately $2,500 per month and average monthly condo fees of roughly $680 (approximately $0.80 per square foot), which include building insurance. The building offers residents concierge service, a gym, games room, party room, and rooftop deck, along with owned parking options and visitor parking. Located steps from downtown Collingwood's restaurants and boutiques, the property is minutes from Georgian Bay and the Blue Mountains. Before committing to a purchase, prospective buyers should obtain and review the status certificate, reserve fund study, financial statements, and board minutes to understand the building's financial health and governance.