125 Lake Drive
West Grey, ON
- 3 bed
- 2 bath
- approx. 700-1100 sqft
- Detached
- 135 days on market
Turn-key rural living meets income potential on this picturesque 6.2-acre property just minutes from Markdale. This charming 3-bedroom, 2-bath bungalow offers a rare opportunity to live and work from home with a fully equipped, municipally zoned dog boarding facility and versatile farm infrastructure. Previously operated as a highly regarded kennel for 17 successful years, the property features 15 indoor kennels with a fenced outdoor run and room to expand. With a strong past client base and ongoing demand, this is an ideal opportunity to step into an established business or create a new revenue stream.The land itself is equally impressive, with rolling pastures, mature trees, and a former apple orchard complete with walking trails stretching to the back concession. A barn with 5 box stalls, tack room, paddock, and additional outbuildings including a drive shed makes this an excellent fit for horses, hobby farming, or animal lovers alike. Inside, the home blends warmth and character with practical updates. The sun-filled kitchen overlooks your private acreage, while the finished walkout lower level adds valuable living space. Enjoy quiet mornings on the wraparound deck surrounded by nature. Updates include the roof (2013) propane furnace (2022) septic inspection/pump (2024) and water test is on file. Whether you're looking to run a business, create a hobby farm, or simply enjoy peaceful country living with income potential, this property delivers flexibility, privacy, and opportunity in one complete package.
Listing Details
- Taxes (2025)
- $3,422
- Originally Listed
- $799,000
- Listed
- April 20, 2026
Price History
Listing history
Sign in to view
Property
- Style
- Bungalow
- Age
- 51-99
- Construction
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Primary Bedroom - Main Floor, Workbench
- Lot Size
- 1338.21 x 208.38 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Concession Rd.6 and Lake Dr.
- Zoning
- A3-356
- Parcel Number
- 372380107
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer
- Exclusions
- Stand Up Freezer
- Rental Items
- Propane Tank
Community
Postal area N0C
- Population
- 17,537
- Private dwellings
- 8,191
- Median age
- 43.6
- Average household size
- 2.6
- Median household income
- $85,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in West Grey · last 12 months
- Median sold price
- $599,900
- Homes sold
- 225
- Median days on market
- 40
- Sale-to-list price
- 95.2%
Based on 225 recorded sales of residential freehold properties in West Grey over the last 12 months.
Rooms
3-piece on Main, 4-piece on Lower
Main
- Bathroom11'8" x 4'1"
- Bedroom11'9" x 10'3"
- Bedroom 211'8" x 9'7"
- Bedroom 37'8" x 9'8"
- Foyer7'8" x 4'11"
- Kitchen13'5" x 14'10"
- Living Room14'8" x 14'
Lower
- Bathroom7'3" x 5'8"
- Laundry13'1" x 14'10"
- Pantry10' x 4'6"
- Recreation26'1" x 14'
- Utility Room12'4" x 14'
- Workshop8' x 14'11"
Listed by
eXp Realty
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$149,800
Estimated Monthly Payment
$3,680
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,680/mo (20% down, 5.5%)
Taxes: $285/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions A barn with 5 box stalls, tack room, paddock, and additional outbuildings including a drive shed makes this an excellent fit for horses, hobby farming, or animal lovers alike.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?