Homula Realty Brokerage
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504847 Grey Road 1 Road, Georgian Bluffs, ON N4K 5N4

3 beds · 3 baths · 1 kitchen · 11 rooms · 7 parking spaces · 2000-2500 sq ft · Rural Residential
$1,950,000
Property tax
$4,449 / year

I am a cottage on Georgian Bay and I have brought enjoyment to young and old since the sixties when I was built. When you come in my driveway you will want to put down your phones and grab what you didn't even realize you have been missing! Fun, laughter, campfires, memories and the sound of quiet nights and fun-filled days. Do I have waterfrontage? Yes I do! Do I have my own boat launch? Of course! Not only do I have my own boat launch but there is also a sturdy stone break-wall enclosing my private harbour and floating dock. (I must say buying a cottage without a boat launch is like buying a car without an engine) I will take your stress from a level 9 to a 2 and make the kids say do we have to go home. You will never want to leave! I have been fully renovated to an exceptional standard and now I'm a four season cottage or your full time home. (I can't wait to see my first Christmas tree, I have yet to see one) I am here waiting for you and your family: with my ample parking both at the road and right next to me, 3 bedrooms, 2 sitting rooms, 2 full baths, a change room with a powder room, main floor laundry, and a kitchen with a spacious island where you can watch the water while making a snack. Relax in the sun on my front lower level patio or in the shade of the upper level covered porch. Wet bathing suits on the laundry room floor is a normal around here. I don't mind! My floors are made for it with luxury vinyl planking throughout. Interested in water sports? My garage can hold a lot of water toys, kayaks, or paddle boards. World class golf can be found just minutes down the road at Cobble Beach Golf Links or Legacy Ridge golf courses. Or use me as a home base and explore Saugeen Beach, Tobermory, Collingwood and everything in between. Lets Make some Memories! I can't wait to be part of your family and all your new memories. Come and see me - I love visitors!

MLS number
X13727618
Type
Rural Residential
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N4K 5N4
Photos
54
Laundry
Not in the unit
12days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$390,000 · minimum here is $390,000
$8,634.18per month
Borrowed before insurance$1,560,000
Total borrowed$1,560,000
Interest over 25 years at 4.5%$1,030,253

If you rented it out

-$9,004.93per month out of pocket
Rent$0.00
Everything it costs to hold$9,004.93
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Sutton-Sound Realty. Listing data provided by the Toronto Regional Real Estate Board.