$929,000

For sale

495115 Grey 2 Road, Blue Mountains - Single Family for Sale

495115 Grey 2 Road, Blue Mountains, Ontario, N0H2E0

3 beds2 baths12 parking1,300 ft²171 × 2233 ft (8.78 acres) lot sizeListed 187 days ago

Overview

This 3-bedroom, 2-bathroom home in Blue Mountains is for sale offering roughly 1,300 sq ft of space. Listed at $929,000, it is attractively priced about 36% below the $1,459,000 median asking price in Blue Mountains.

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Description

A hidden gem surrounded by Nature and Crown Land. Tucked away on 8.7 acres of mature hardwood forest, this lovingly maintained A-frame home offers a spectacular private retreat or full-time chalet. Surrounded by protected land, the property provides exceptional access to hiking, mountain biking, and peaceful walks through the woods, creating an ideal setting for outdoor enthusiasts and those seeking tranquility. Inside, the home features 3 bedrooms and 1.5 bathrooms, with an open-concept kitchen, dining, and living space designed for entertaining and cozy gatherings. Enjoy morning coffee or evening sunsets from one of two spacious west-facing decks-one off the main living area and another from the primary bedroom on the second storey. Curl up with a good book beside one of two wood-burning fireplaces or gather around the fire pit in your spacious yard. There's plenty of room for all of your tools and recreational gear with a solidly built detached double-car garage, along with a storage shed and chicken run for future hobbies. The partially finished lower level offers the opportunity to expand your living space or simply enjoy the recreational area as it is. Adventure lovers will appreciate the proximity to Kolapore Uplands, Osprey Trails, nearby snowmobile routes, and just a 12-minute drive to Blue Mountain Resort or Osler Bluff Ski Club. This picturesque property is a short drive to the amenities of Thornbury and Collingwood, while still offering privacy, peace, and quiet. Whether you choose to enjoy this charming home as it is or take advantage of its beautiful footprint to create a custom built home, the possibilities here are exceptional. The property also offers a self-sufficient lifestyle with abundant high-quality well water, a steady supply of firewood from your own forest, a new furnace and A/C, durable metal roofs, reasonable property taxes, and low monthly carrying costs. High Speed Internet Now Available. Your Blue Mountain lifestyle begins here. (id:66096)

Property Details

MLS®: X13069086
Property Type: Single Family
Zoning: RU
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 12
Interior Size: 1,300 ft²
Lot Size: 171 × 2233 ft (8.78 acres)
Frontage: 171 ft
Storeys: 2
Basement: Partially finished, Full
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Main level

Living room: 4.8 x 5.1 meters
Kitchen: 2.27 x 2.46 meters
Dining room: 2.28 x 2.95 meters
Bathroom: 1.65 x 1.03 meters
Utility room: 2.22 x 2.03 meters

Lower level

Recreational, Games room: 6.72 x 5.26 meters
Laundry room: 4.77 x 3.14 meters
Den: 1.96 x 1.98 meters

Other

Bedroom: 3.64 x 3.67 meters

Upper Level

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater
Foundation: Block
Exterior: Wood
Lot Features: Wooded area, Backs on greenbelt

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

187d

Blue Mountains listings, avg age

92d

Price / ft²

$715

List price

$929K

Homes here sell slower than most markets

Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Blue Mountains is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Century 21 Millennium Inc. · GREG SYROTA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $929,000, about 10.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.

Median household income: $86,000
Population: 53,674
Median age: 52.8
Owner / renter: 86% / 14%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$929,000· $715/ft²

For sale

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Full Cost Breakdown

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Down Payment7.31% · $67,900

Min 7.31%50%

Mortgage payment$4,774/mo

↳ CMHC premium ($34,444 capitalized)

Property tax (est.)$264/mo

Total monthly$5,038

Cash Needed to Close

Down payment (7.31%)$67,900

Land transfer tax$15,055

Est. closing costs$5,287

Total cash needed$88,242

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice