The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
12 acres in West Grey with steady rental income, serviced road frontage, and direct river access. Set well back off the road down a private driveway, two separate detached homes are fully occupied by tenants, bringing in immediate dual rental income. Each home features a practical living space and separate utilities. The property gives you a few distinct land advantages, Frontage Development, Municipal water, sewer, and natural gas lines were recently brought along Park Street West. With active residential builds across and beside the property, the front land offers real potential for future builds or severances. Saugeen Riverfront, the back of the parcel opens up to roughly 920 feet of private shoreline on the Saugeen River, with flat, open grounds right at the water for camping, fishing, or kayaking. Seller has never lived in either home. Buyer to complete their own due diligence with the Municipality of West Grey regarding zoning, severance potential, servicing hookup fees, and building permits. A solid setup for an investor wanting reliable cash flow with land equity, or a live-in buyer wanting a mortgage helper.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,401/mo
Mortgage (principal + interest)$4,111
Property taxFrom listing: $3,482/yr$290
Minimum $84,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$219,800
Ontario land transfer taxProvincial brackets, no first-time refund$18,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$241,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Grey has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
