$2,495,000

For sale

235474 Grey 13 Road, Grey Highlands - Single Family for Sale

235474 Grey 13 Road, Grey Highlands, Ontario, N0C1G0

8 beds8 baths10 parking3,250 ft²158 × 165 ft (26,056 sq ft) lot sizeListed 51 days ago

Overview

This 8-bedroom, 8-bathroom home in Grey Highlands is for sale offering roughly 3,250 sq ft of space. It has been on the market 51 days, fresher than the Grey Highlands average of 88 days.

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Description

A unique live/work opportunity in the heart of Beaver Valley, this thoughtfully reimagined eight-room boutique property offers exceptional flexibility for those looking to combine home, lifestyle and business in one remarkable setting. Set along the Beaver River and just two hours from Toronto, the property can function as a single dwelling, private family compound, corporate or leisure retreat, while also offering potential for a motel, Airbnb, event space or inn with a guest restaurant. The property includes eight guest suites, each with its own three-piece bathroom, plus an additional suite designed for live-in staff, complete with a three-piece bathroom and kitchenette. Currently used for storage, this space offers added flexibility depending on the next owner's needs. Two powder rooms are also located within the Parlour. Minutes from the village of Kimberley, the property is surrounded by rolling farmland, dramatic escarpment views and some of the area's best year-round recreation. The Bruce Trail, paddling, cycling, hiking, snowshoeing, skiing and cross-country adventures are all close at hand, creating an ideal balance between quiet country living and an active outdoor lifestyle. Kimberley also offers the charm and convenience of a welcoming local general store, neighbourhood coffee shop and celebrated dining, including Heart's Tavern and Bar, adding to the appeal of this vibrant Beaver Valley community. An exciting opportunity for an owner-operator, entrepreneur or buyer seeking a property where residential living and commercial possibilities can come together under one roof.Also listed as Commercial under MLS #X13780664. The property is located within the Niagara Escarpment Plan Area and forms part of the Escarpment Natural Area. Additional information, including the Confidential Information Memorandum and access to the data room, is available upon execution of a Confidentiality Agreement. (id:66096)

Property Details

MLS®: X13780566
Property Type: Single Family
Zoning: D2 REC NEP
Bedrooms: 8
Beds (above / below): 8 above · 0 below
Bathrooms: 8
Parking: 10
Interior Size: 3,250 ft²
Lot Size: 158 × 165 ft (26,056 sq ft)
Frontage: 158 ft
Style: Chalet
Basement: Unfinished, N/A
Heating: Heat Pump, Forced air, Propane, Other, Other
Cooling: Wall unit
Garage: No Garage
Waterfront: Yes
Property Tax: $12,321.1/yr
Listed

Rooms

Main level

Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters
Bedroom: 3.66 x 4.88 meters

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

Features

Appliances: Water Heater
Foundation: Concrete
Exterior: Wood
Lot Features: Wooded area, Conservation/green belt, Guest Suite, Sauna

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Grey Highlands listings, avg age

88d

Price / ft²

$768

List price

$2.50M

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 93.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 8-bed single family in Grey Highlands has been listed for 51 days, which is 37 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Sotheby's International Realty Canada · SHAWN WOOF

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0C)

This home lists at $2,495,000, about 29.4× the local median household income of $85,000.

Carrying it typically needs a household income of about $487,361 (20% down, 25-yr amortization, stress-tested) — roughly 473% 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)

$2,495,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $499,000

Min 20%50%

Mortgage payment$10,641/mo

Property tax (est.)$1,027/mo

Total monthly$11,667

Cash Needed to Close

Down payment (20%)$499,000

Land transfer tax$48,850

Est. closing costs$9,985

Total cash needed$557,835

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