$519,000

For sale

416 Water Street, West Grey - Single Family for Sale

416 Water Street, West Grey, Ontario, N0G2L3

3 beds2 baths3 parking1,750 ft²132 × 132 ft (17,503 sq ft) lot sizeListed 57 days ago

Overview

This 3-bedroom, 2-bathroom home in West Grey is for sale offering roughly 1,750 sq ft of space. Listed at $519,000, it is attractively priced about 26% below the $699,900 median asking price in West Grey. It has been on the market 57 days, fresher than the West Grey average of 92 days.

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Description

Nearly Half an Acre. Renovated Century Home. 3 Bedrooms 2 Full Bathrooms. 31' x 15' Attached Shop. Quiet Dead-End Street. A little more space, a quiet street, and a home that's already had the work done. Set on nearly half an acre on a dead-end street in Ayton, this renovated century home combines some of the character of an older home with the updates and practical features you're looking for today. The attached 31' x 15' shop adds a great space for tools, hobbies, storage, or weekend projects. Upstairs, the original pine floors add some of the home's century character, along with 3 bedrooms and a second updated 4-piece bathroom. Outside, the large front deck provides plenty of room to sit back and enjoy the mature trees and quiet surroundings. If you've been looking for a move-in-ready home with a little more property, useful shop space, and small-town living, this one is well worth a look. (id:66096)

Property Details

MLS®: X13761750
Property Type: Single Family
Zoning: RES
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 132 × 132 ft (17,503 sq ft)
Frontage: 132 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Radiant heat, Propane
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Bathroom: 2.38 x 1.72 meters
Den: 6.5 x 2.64 meters
Dining room: 4.34 x 3.49 meters
Foyer: 2.5 x 1.92 meters
Kitchen: 3.97 x 4.25 meters
Living room: 3.9 x 6.33 meters

Second level

Bathroom: 2.77 x 2.62 meters
Bedroom: 4.32 x 2.62 meters
Bedroom: 3.9 x 3.54 meters
Primary Bedroom: 4.32 x 3.54 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, Water softener, Stove, Dryer, Microwave, Water Heater
Foundation: Stone
Exterior: Vinyl siding

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

West Grey listings, avg age

92d

Price / ft²

$297

List price

$519K

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 57 days, which is 35 days fresher than the city average of 92. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · JAMES HORST

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0G)

This home lists at $519,000, about 6.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$519,000· $297/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$154/mo

Total monthly$2,882

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$6,855

Est. closing costs$4,057

Total cash needed$37,812

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