$1,590,000

For sale

628482 119 Grey Road, Blue Mountains - Single Family for Sale

628482 119 Grey Road, Blue Mountains, Ontario, N0H1E0

3 beds2 baths12 parking4,250 ft²1611 × 2045 ft (75.63 acres) lot sizeListed 55 days ago

Overview

This 3-bedroom, 2-bathroom home in Blue Mountains is for sale offering roughly 4,250 sq ft of space. It has been on the market 55 days, fresher than the Blue Mountains average of 92 days.

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Description

Discover an exceptional 64-acre country estate offering privacy, spectacular views, and an outstanding location close to the top of the Blue Mountain ski hills. Set well back from the road, this wood-sided chalet-style home is surrounded by nature and positioned to capture sweeping views across the Beaver Valley. Inside, soaring cathedral ceilings, a massive stone fireplace, and dramatic floor-to-ceiling glass create a warm and impressive great room where the landscape becomes part of the home. Generous decks and patios extend the living space outdoors, providing wonderful settings for entertaining, relaxing, and taking in the ever-changing views. The property features its own pond, which also serves the home's geothermal heating system, along with a detached two-car garage and an extensive network of trails winding through the acreage-ideal for hiking, snowshoeing, exploring, or simply enjoying the peace and privacy of your own land. The home offers solid construction, tremendous character, and an exciting opportunity for a new owner to update the décor and finishes to create something truly special. Make this your permanent country estate, weekend retreat, or four-season base camp for skiing, golf, cycling, hiking and the many recreational amenities of Blue Mountain and the Beaver Valley. A remarkable combination of acreage, privacy, views and location-with immediate possession available. (id:66096)

Property Details

MLS®: X13771734
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 12
Interior Size: 4,250 ft²
Lot Size: 1611 × 2045 ft (75.63 acres)
Frontage: 1,611 ft
Style: Chalet
Basement: Partial
Heating: Geo Thermal
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $7,870/yr
Listed

Rooms

Main level

Kitchen: 3.41 x 3.38 meters
Living room: 8.87 x 6.58 meters
Primary Bedroom: 6.13 x 5.09 meters
Bedroom 2: 5.55 x 3.41 meters
Bathroom: 3.66 x 1.8 meters
Bathroom: 1.86 x 1.4 meters
Sunroom: 6.43 x 3.48 meters

Lower level

Recreational, Games room: 8.32 x 6.31 meters
Laundry room: 4.57 x 3.17 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Concrete
Exterior: Wood
Lot Features: Wooded area

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Blue Mountains listings, avg age

92d

Price / ft²

$374

List price

$1.59M

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 has been listed for 55 days, which is 37 days fresher than the city average of 92. Act while there is still low competition.

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Listed by Engel & Volkers Toronto Central · MAX HAHNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $1,590,000, about 18.5× the local median household income of $86,000.

Carrying it typically needs a household income of about $310,583 (20% down, 25-yr amortization, stress-tested) — roughly 261% 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)

$1,590,000· $374/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $318,000

Min 20%50%

Mortgage payment$6,781/mo

Property tax (est.)$656/mo

Total monthly$7,437

Cash Needed to Close

Down payment (20%)$318,000

Land transfer tax$28,275

Est. closing costs$7,270

Total cash needed$353,545

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