405014 Grey 4 Road, Grey Highlands

$485,000
405014 Grey 4 Road

$485,000

New
4d
DetachedBungalow

405014 Grey 4 Road, Grey Highlands

Total Monthly Obligation $2,562

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
4d
Yield
6.9%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X14095674
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-113.3 × 114.28 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,768.82 (2025)
Parking-5 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Propane)
Brokerage-eXp Realty
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle, Metal
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Grey Highlands
Title-Residential Freehold

No agent assigned

Affordable Opportunity in the Heart of Priceville! This solid brick bungalow offers endless potential for first-time buyers and downsizers. Featuring 2 bedrooms and 1 bathroom, this home sits on a spacious lot and includes a large attached garage (approx. 625 sq ft) with a beautiful wood stove addition - ideal for a workshop, hobby space, or additional storage. Inside, you'll find a practical layout that has recently been repainted and and updated bathroom (2026). All appliances were updated in 2022, furnace is 2016, roof and windows (2020) and water softener and filtration system (2020). A lovely, private back deck with a walk-out from kitchen offers a great entertaining space. Homes under $500,000 are a rare find in Grey Highlands, making this an excellent opportunity to enter the market or add to your investment portfolio. Located just a short drive to Durham, Flesherton, and all the natural beauty Grey County has to offer - this home combines small-town living with great potential for future growth. Bring your ideas, your tools, and your vision - this is your chance to make something special in Priceville.

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Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$2,562/mo
Mortgage $1,956
Monthly Loss $2,047
Principal$515
Interest$1,442
Property Tax$231
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 405014 Grey 4 Road

Time

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