Monaco Building

Monaco Condos for Sale at 1 Hume St, Collingwood

Downtown Collingwood Luxury Living at Monaco

These are the latest condo units for sale at Monaco. Monaco Classic Condominiums was developed by Stonebrook Developments in 2022 /2023 and has 125 condo units. 

Spread out over 6 stories, Monaco Classic Condominiums has suites ranging in size from 590 to 2601 square feet, with many different layouts and exposures

Rooftop View from Monaco

This is a boutique luxury condominium in the heart of downtown Collingwood. With underground parking and a jaw-dropping rooftop gym overlooking the Niagara Escarpment, it offers the perfect blend of upscale finishes and walkable convenience.

Monaco appeals to downsizers, professionals, new retirees, weekend residents, and anyone who wants lock-and-leave living without sacrificing quality.

Available Units at 1 Hume Street

Andrea Mendes

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Why Monaco Stands Out

Downtown Walkability

Daily errands, dining, and entertainment are steps away. Gordon's Market and Café located on the ground floor. 

Elevated Finish Quality

Suites and common areas were designed to feel more luxury residence than standard condo. Modern details throughout.

Boutique Scale

Only 78 units means a quieter environment, fewer neighbours, more privacy, and less competition when you sell.

Location & What's Nearby

Monaco puts you in the centre of everything Collingwood offers:

Monaco is a strong fit if you value walkable neighbourhoods, quick access to nature, a lock-and-leave lifestyle, and four-season recreation nearby.

Monaco Rooftop Terrace
Monaco Rooftop Gym

Building Amenities

Monaco offers upscale shared spaces designed for comfort and community:

  • Rooftop terrace with lounge seating and BBQs
  • Rooftop fitness centre with Niagara Escarpment views
  • Party room/resident lounge for gatherings
  • Heated underground parking (no brushing snow off your car)
  • Secure lobby with controlled entry
  • Bike storage and individual storage lockers
  • Guest suites available for visiting friends/family

Interior Suite Features

The little details matter

  • Kitchens: Contemporary cabinetry, stone countertops, stainless steel appliances, soft-close drawers, modern lighting and hardware.

  • Living Areas: Wide-plank flooring, large windows for natural light, open-concept layouts, smooth ceilings (nine-foot in most units), smart-entry or digital locks in select suites.

  • Bathrooms: Modern vanities, glass shower enclosures in select layouts, premium fixtures, spa-inspired design details.
Rooftop Terrace with BBQ

What's Included in Condo Fees

  • Building insurance
  • Snow removal and landscaping
  • Common area maintenance
  • Heated underground garage
  • Fitness centre, party room, and rooftop terrace
  • Water and building utilities

You pay separately: Hydro (electricity), property taxes, home insurance

Important Details Before You Buy

  • Parking: Most units include one spot, some have two, a few have none—check the listing carefully

  • Storage: Locker size varies by unit (ask to see it before buying)

  • Pets: Dogs and cats allowed with size restrictions

  • Rentals: Short-term rentals permitted but capped—confirm availability before buying for investment purposes

  • Reserve fund: Healthy with no major assessments planned but always check with Andrea

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Frequently Asked Questions (FAQ): Monaco Condos

Can I rent out my Monaco condo on Airbnb?

Yes. Monaco allows short-term rentals, but there's a cap on how many units can be rented at once. Before buying as an investment property, I'll confirm there's room under the rental cap. The downtown location makes these units very popular with tourists—expect strong rental demand in summer and ski season.

How fast do Monaco condos typically sell?

When priced correctly, most Monaco units sell within 30-60 days. Corner units, higher floors, and recently updated kitchens can get multiple offers and sell faster. The small building size (only 78 units) means limited inventory, so good units move quickly.

What should I budget beyond the purchase price?

Plan for monthly condo fees ($290-$630 depending on unit size), property taxes (approximately $3,000-$5,000 annually), hydro ($80-$150/month), and home insurance ($50-$100/month). You'll also need a down payment (minimum 5% for owner-occupied, 20% for investment properties) and budget for closing costs (legal fees, land transfer tax, etc.—roughly 1.5-4% of purchase price).

Is Monaco a good investment compared to other Collingwood condos?

Monaco holds value well. Units that sold for $425K in 2016 now sell for $650K-$750K. The building's age (not too new, not too old), downtown location, and rental flexibility make it attractive to both investors and end-users. The healthy reserve fund means you won't face surprise special assessments.

How do I know which Monaco unit is right for me?

That's where I come in. I've toured many Monaco units over the years. I know which floor plans live larger, which corner positions get the best light, and which stack positions stay quieter. We'll look at what's available, discuss your needs and budget, and I'll give you honest advice about which units make sense for your situation.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.