$775,000

For sale

120 Beau Lane, Grey Highlands - Single Family for Sale

120 Beau Lane, Grey Highlands, Ontario, N0C1E0

3 beds2 baths10 parking1,300 ft²143 × 189 ft (27,112 sq ft) lot sizeListed 84 days ago

Overview

This 3-bedroom, 2-bathroom home in Grey Highlands is for sale offering roughly 1,300 sq ft of space. Listed at $775,000, it is attractively priced about 18% below the $950,000 median asking price in Grey Highlands. It has been on the market 84 days, fresher than the Grey Highlands average of 90 days.

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Description

Nestled on a corner lot on a quiet dead-end street amid towering maples in the highly sought-after community of Eugenia, this newer three-bedroom, two-bath home with wood siding and timber-frame accents that evoke a warm log-inspired character offers exceptional peace and tranquility while sitting among other high-end residences, just a short walk from the public beach and boat launch, complete with fibre high-speed internet, central air, a propane furnace backed by an electric heat pump for efficient secondary heating. A proven track record of excellent short-term and seasonal rental income makes it equally ideal as a private retreat or income-generating property. Don't miss this rare opportunity to own a turnkey property that delivers both lifestyle and strong rental returns in one of Grey County's most desirable settings. (id:66096)

Property Details

MLS®: X13674834
Property Type: Single Family
Zoning: R
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 10
Interior Size: 1,300 ft²
Lot Size: 143 × 189 ft (27,112 sq ft)
Frontage: 143 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Property Tax: $3,984/yr
Listed

Features

Appliances: Refrigerator, Stove, Water Treatment
Foundation: Poured Concrete
Exterior: Wood
Lot Features: Flat site, Lighting, Country residential, Gazebo, Guest Suite

Services

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Grey Highlands listings, avg age

90d

Price / ft²

$596

List price

$775K

Homes here sell slower than most markets

Sold homes in this market spent an average of 76 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 94.0 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 Grey Highlands has been listed for 84 days, which is 6 days fresher than the city average of 90. Act while there is still low competition.

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Listed by Vantage Point Realty Ltd. · TONY MADILL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0C)

This home lists at $775,000, about 9.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $151,385 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $85,000
Population: 17,537
Median age: 43.6
Owner / renter: 86% / 14%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0C)

$775,000· $596/ft²

For sale

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Full Cost Breakdown

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Down Payment6.77% · $52,500.00

Min 6.77%50%

Mortgage payment$4,006/mo

↳ CMHC premium ($28,900 capitalized)

Property tax (est.)$332/mo

Total monthly$4,338

Cash Needed to Close

Down payment (6.77%)$52,500

Land transfer tax$11,975

Est. closing costs$4,825

Total cash needed$69,300

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