$499,999

For sale

242287 CONCESSION 16 Road, West Grey - Single Family for Sale

242287 CONCESSION 16 Road, West Grey, Ontario, N0G2M0

2 beds1 bath11 parking900 ft²174 × 269 ft (1.07 acres) lot sizeListed 12 days ago

Overview

This 2-bedroom, 1-bathroom home in West Grey is for sale offering roughly 900 sq ft of space. Listed at $499,999, it is attractively priced about 29% below the $699,900 median asking price in West Grey. It has been on the market 12 days, fresher than the West Grey average of 92 days.

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Description

A unique opportunity to purchase two separate parcels being offered together: a 1 acre country property with a charming bungalow, and an adjoining 32 acre parcel featuring extensive Beatty Saugeen River frontage and agricultural land. The 1 acre parcel is home to a well kept 2 bedroom bungalow surrounded by peaceful rural views. The property also includes a detached M3 zoned workshop, multiple outbuildings, updated shingles, a recently replaced well pump, and the privacy and tranquility that country living is known for. The adjoining 32 acre parcel offers over 3,000 ft of frontage along the scenic Beatty Saugeen River and includes approximately 16 workable sandy loam acres. This diverse property provides an exceptional combination of recreational and agricultural opportunities, whether you're interested in farming, hunting, fishing, kayaking, hiking, or simply enjoying your own private natural retreat. Rarely does an opportunity arise to own a property that combines a comfortable country home, a work shop, and such a significant stretch of riverfront land. Whether you're searching for a hobby farm, recreational getaway, M3 zoned workshop and investment property, or a place to enjoy the best of rural Ontario, this unique West Grey offering delivers endless possibilities. (id:66096)

Property Details

MLS®: X14112272
Property Type: Single Family
Zoning: M3-103
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 11
Interior Size: 900 ft²
Lot Size: 174 × 269 ft (1.07 acres)
Frontage: 174 ft
Storeys: 1
Style: Bungalow
Basement: Walk-up, N/A
Heating: Forced air, Oil
Cooling: Central air conditioning
Garage: Attached Garage, Garage, RV
Waterfront: Yes
Ownership

Rooms

Main level

Living room: 4.6 x 3.5 meters
Kitchen: 3.2 x 2.8 meters
Bedroom: 3 x 4 meters
Bedroom 2: 2.6 x 2.8 meters
Dining room: 4.9 x 3 meters
Sunroom: 4.6 x 2.8 meters

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

Features

Appliances: Central Vacuum
Foundation: Concrete
Exterior: Steel

Services

Sewer: Septic System
Utilities: Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

West Grey listings, avg age

92d

Price / ft²

$556

List price

$500K

Homes here sell slower than most markets

Sold homes in this market spent an average of 70 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in West Grey has been listed for 12 days, which is 80 days fresher than the city average of 92. Act while there is still low competition.

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Listed by Wilfred McIntee & Co Limited · DARREN MARTIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $499,999, about 6.0× the local median household income of $83,000.

Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.

Median household income: $83,000
Population: 86,935
Median age: 40.8
Owner / renter: 80% / 20%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0G)

$499,999· $556/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.95

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$237/mo

Total monthly$2,870

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$6,475

Est. closing costs$4,000

Total cash needed$35,475

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