$720,000

For sale

401395 GREY RD 4, West Grey - Single Family for Sale

401395 GREY RD 4, West Grey, Ontario, N4N3B8

3 beds1 bath9 parking900 ft²152 × 349 ft (1.21 acres) lot sizeListed 20 days ago

Overview

This 3-bedroom, 1-bathroom home in West Grey is for sale offering roughly 900 sq ft of space. Its $720,000 asking price sits right in line with the $699,900 median in West Grey. It has been on the market 20 days, fresher than the West Grey average of 91 days.

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Description

Family home & Commercial/Industrial M3 shop, mere minutes Hanover. Lovingly owned and operated by same couple since 1974! This 3 bedroom, 1 bathroom split level home has a 1 car 11'x20' attached garage with workbench storage, front and rear decks, mudroom breezeway with laundry and front rear walk-outs, and a partially finished basement with above grade windows (ample potential for additional living space and 2nd bathroom install). well maintained and with tasteful upgrades completed throughout. The bright airy rooms were designed for both comfort and the flexible functionality of a growing family through the generations. The 1800sqft purpose built auto body shop has many inclusions available, and its own nat gas furnace, septic and hydro. Additional 10' x 16' shed for yard or material storage. This 1.1 acre property brings to the table both high traffic exposure for a business on Grey Rd 4, plus a private large rear yard shielded from the road and complete with a charming orchard for rural family life. Both a peaceful family sanctuary and a productive workhorse. (New house garage door May 2026) (id:66096)

Property Details

MLS®: X14081624
Property Type: Single Family
Zoning: M3-83
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 9
Interior Size: 900 ft²
Lot Size: 152 × 349 ft (1.21 acres)
Frontage: 152 ft
Storeys: 1
Basement: Partially finished, Partial, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage, RV
Ownership: Freehold
Property Tax: $3,300/yr

Rooms

Main level

Kitchen: 3.82 x 6.97 meters
Bedroom: 2.79 x 3.45 meters
Bedroom 2: 3.09 x 3.91 meters

Second level

Bedroom 3: 3.29 x 3.7 meters
Living room: 6.39 x 3.57 meters

Ground level

Laundry room: 3.45 x 6.38 meters

Basement

Recreational, Games room: 4.27 x 6.1 meters
Utility room: 2.19 x 5.64 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, Water Heater
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Wooded area, Level, Carpet Free, Sump Pump

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity, Cable, Telephone, Wireless, Natural Gas Available, Electricity Connected

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

West Grey listings, avg age

91d

Price / ft²

$800

List price

$720K

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 3-bed single family in West Grey has been listed for 20 days, which is 71 days fresher than the city average of 91. Act while there is still low competition.

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Listed by Wilfred McIntee & Co Limited · GLEN G. REAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4N)

This home lists at $720,000, about 9.9× the local median household income of $73,000.

Carrying it typically needs a household income of about $140,641 (20% down, 25-yr amortization, stress-tested) — roughly 93% above the area median.

Median household income: $73,000
Population: 10,341
Median age: 49.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4N)

$720,000· $800/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment6.53% · $47,000

Min 6.53%50%

Mortgage payment$3,731/mo

↳ CMHC premium ($26,920 capitalized)

Property tax (est.)$275/mo

Total monthly$4,006

Cash Needed to Close

Down payment (6.53%)$47,000

Land transfer tax$10,875

Est. closing costs$4,660

Total cash needed$62,535

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