$650,000

For sale

504760 Grey Road 1, Georgian Bluffs - Single Family for Sale

504760 Grey Road 1, Georgian Bluffs, Ontario, N0H1S0

3 beds2 baths4 parking1,300 ft²124 × 301 ft (37,324 sq ft) lot sizeListed 105 days ago

Overview

This 3-bedroom, 2-bathroom home in Georgian Bluffs is for sale offering roughly 1,300 sq ft of space. Listed at $650,000, it is attractively priced about 16% below the $775,000 median asking price in Georgian Bluffs.

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Description

PERFECT BLEND OF NATURE AND CONVENIENCE!! This newly built 3 bed, 2 bath bungalow is nestled in the trees and offers an abundance of windows to showcase mother nature! This home is laid out in such a way that the primary bedroom with walk-in closet and 3 pc ensuite is on one side of the house and the 2 large guest rooms and full bath on the other. In the center is the open concept kitchen/dining and living room. The kitchen offers new stainless steel applaiances and island. The dining room allows easy access through sliding doors to the large deck and backyard with BBQ area, fire pit and more. The living room allows you to entertain and interact with guests from any of these rooms, all while feeling like you are in the middle of the forrest. Located in the very desirable area of Grey Rd 1, just 25 minutes to Owen Sound and 20 mintues to Wiarton. You are beside Greystone Trails for hiking, 2 minutes to Centennial waterfront Park and 5 minutes from the Bruce Caves. Whether a retired couple, a family or an investor, this property is worth a look! CLICK ON MULTIMEDIA FOR AN INTERACTIVE EXPERIENCE!! (id:66096)

Property Details

MLS®: X13602966
Property Type: Single Family
Zoning: Shoreline Residential and EP
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 124 × 301 ft (37,324 sq ft)
Frontage: 124 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Foyer: 3.2 x 1.52 meters
Laundry room: 3.05 x 1.68 meters
Kitchen: 3.05 x 3.54 meters
Living room: 7.13 x 6 meters
Primary Bedroom: 4.57 x 3.81 meters
Bathroom: 2.23 x 2.13 meters
Bedroom 2: 3.75 x 3.29 meters
Bedroom 3: 4.33 x 3.29 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Vinyl siding
Lot Features: Wooded area, Irregular lot size, Flat site, Conservation/green belt

Services

Water: Cistern, Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

105d

Georgian Bluffs listings, avg age

105d

Price / ft²

$500

List price

$650K

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 105 days, right at the city average. A solid opportunity worth looking into.

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Listed by Sutton-Sound Realty · ANN MILNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $650,000, about 7.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$650,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$212/mo

Total monthly$3,594

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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