$1,150,000

For sale

503385 Grey Road 1, R.R. No. 2, Georgian Bluffs - Single Family for Sale

503385 Grey Road 1, R.R. No. 2, Georgian Bluffs, Ontario, N0H2T0

3 beds3 baths8 parking1,750 ft²103 × 210 ft (21,630 sq ft) lot sizeListed 51 days ago

Overview

This 3-bedroom, 3-bathroom home in Georgian Bluffs is for sale offering roughly 1,750 sq ft of space. It has been on the market 51 days, fresher than the Georgian Bluffs average of 105 days.

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Description

Welcome to a masterfully renovated waterfront retreat offering 105 feet of pristine Georgian Bay shoreline on Grey Rd 1 in sought after Georgian Bluffs. Completely transformed top-to-bottom, inside and out, this 2,200 sq ft custom home on 3 levels blends sleek, bold modern design with breathtaking elevated Georgian Bay and Niagara Escarpment views. Arrive via the paved circular driveway to a striking modern European custom front entry, framed by James Hardie Board siding, a standing seam steel roof, limestone armour stone landscaping, and a triple-car garage. Inside, three levels of sun-drenched living space boast elevated panoramic views of Griffith, White Cloud, and Hay Islands, complete with new glass railings on exterior decks and interior staircases. A modern metal open-back staircase with thick hardwood treads makes a stunning central statement, while rich Brazilian Cherry (Jatoba) hardwood spans the main and upper floors. Designed for effortless entertaining, the open-concept layout showcases water views from the custom kitchen, living, and dining areas. The chef's kitchen features a quartz island and high-end finishes. Three spacious bedrooms include a massive primary retreat with a private water-view patio, walk-through closets leading to the 6-piece spa ensuite with a Victoria+Albert soaker tub. All three full bathrooms (1 on each level) feature Riobel fixtures and custom glass showers. The lower level walk-out offers a spacious entertainment room, office (could be 4th bedroom) and finished laundry area. Equipped with all new mechanicals including new forced & central air system, a GenerLink generator system, this turn-key Georgian Bay waterfront sanctuary sits minutes from the Bruce Trail, Skinner's Bluff, Big Bay world-class golf, Wiarton, and Owen Sound. This Waterfront property is less than 3 hours from the GTA and Pearson, and your base-camp to explore the beautiful Bruce Peninsula area including Sauble Beach, Tobermory & National Parks. (id:66096)

Property Details

MLS®: X13784126
Property Type: Single Family
Zoning: SR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 8
Interior Size: 1,750 ft²
Lot Size: 103 × 210 ft (21,630 sq ft)
Frontage: 103 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Waterfront: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 1.56 x 1.53 meters
Kitchen: 4.42 x 3.73 meters
Pantry: 2.03 x 1.24 meters
Great room: 3.71 x 7.21 meters
Bedroom 3: 3.15 x 3.02 meters
Bathroom: 3.15 x 1.52 meters

Lower level

Family room: 6.5 x 3.56 meters
Office: 3.53 x 2.18 meters
Bathroom: 3.18 x 1.85 meters
Laundry room: 3.18 x 2.39 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Treatment, Garage door opener remote(s), Water Heater
Flooring: Tile, Hardwood
Foundation: Poured Concrete
Exterior: Hardboard
Lot Features: Paved yard

Services

Water: Dug Well
Sewer: Septic System
Utilities: Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Georgian Bluffs listings, avg age

105d

Price / ft²

$657

List price

$1.15M

Homes here sell slower than most markets

Sold homes in this market spent an average of 63 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 94.2 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 Georgian Bluffs has been listed for 51 days, which is 54 days fresher than the city average of 105. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · CHRIS AMYOT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $1,150,000, about 13.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 161% 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)

$1,150,000· $657/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$388/mo

Total monthly$6,265

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$19,475

Est. closing costs$5,950

Total cash needed$115,425

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