$1,799,000
Blue Mountains
495529 Grey Road 2, Blue Mountains, Ontario, N0H2E0
This 3-bedroom, 2-bathroom home in Blue Mountains is for sale offering roughly 900 sq ft of space. It has been on the market 37 days, fresher than the Blue Mountains average of 92 days.
SPECTACULAR VIEW PROPERTY: Take advantage of potential HST rebate savings available for qualifying newly constructed residences. Recent housing affordability initiatives may significantly reduce the tax burden associated with building new. Nestled on almost 25 stunning acres, this exceptional property offers some of the most expansive and breathtaking views in the area, with sweeping panoramas of Georgian Bay, the Beaver Valley, and the iconic Niagara Escarpment. It's the perfect place to bring your dream home to life on a blank canvas, with much of the infrastructure already in place. The driveway is installed, providing easy access to the building site, while electrical service is connected and a buried conduit is ready for future expansion. Previously approved building plans further streamline the process of turning your vision into reality. From its elevated vantage point, the property delivers uninterrupted scenic beauty, with direct Bruce Trail access along the upper portion of the land, creating an immediate connection to nature. Outdoor enthusiasts will appreciate having skiing, hiking, cycling, and countless recreational opportunities right at their doorstep. Buyers planning to build a qualifying new home may benefit from recently announced federal GST/HST rebate incentives, potentially reducing the overall cost of construction. While your future home takes shape, the recently and extensively renovated 2-bedroom, 1-bathroom bungalow offers comfortable accommodations. Updated in 2018, it features a charming wood-burning fireplace along with modern upgrades to the furnace, electrical, and plumbing systems. Large heated & winterized barn adds tremendous versatility, providing ample space for equipment, recreational vehicles or a workshop. A rare offering combining privacy, spectacular views, established infrastructure, + endless outdoor adventure-this is an extraordinary opportunity to create a legacy property in one of the area's most sought-after settings. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 92 days across the listings currently for sale in this city
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.
This 3-bed single family in Blue Mountains has been listed for 37 days, which is 55 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,799,000, about 20.9× the local median household income of $86,000.
Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 309% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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Loading rates, 30-yr amortization
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