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502233 Grey 1 Road

502233 Grey 1 Road

Georgian Bluffs, ON

  • 1 bed
  • 1 bath
  • approx. < 700 sqft
  • Detached
$439,000Price reduced 10%

Imagine waking up every morning to stunning waterfront views in this enchanting 1-bedroom, 1-bathroom cottage nestled along Grey Road #1 in the serene locale of Georgian Bluffs. This charming retreat is thoughtfully designed to maximize comfort and connection with nature.The beautiful lot offers many different spots to enjoy outdoor living. The shed offers storage for lawn equipment & the waterside mini-workshop (or possible bunkie) is a great spot for you to putter away at your projects.Coming inside, the inviting living room is the heart of the home, where a charming wood-burning stove sets the mood for cozy evenings, while large picture windows frame breathtaking water views of Colpoy's Bay and open to beautiful outdoor deck & patio areas - perfect for morning coffee or sunset gatherings. A ductless heat pump wall unit ensures year-round comfort in any season!The kitchen delights with warm, vaulted pine-clad ceilings that radiate rustic charm, white cabinetry, and ample storage - everything you need to prepare weekend meals with ease and joy.The intimate bedroom, tucked beneath its own beautiful pine vaulted ceiling, offers a serene sanctuary with built-in storage, creating a snug and restful haven after days spent on the water.The bathroom is practical and bright, featuring a curved walk-in shower, tile flooring, and a natural light-filled window. Awesome additional features including: new heat pump & roof shingles 2025, insulated crawl space & stacking washer & dryer!Comes fully furnished complete with furniture and BBQ!You'll find pride of ownership is very evident here. A pleasure to show inside & out!Whether you're seeking a weekend getaway or a full-time lakeside lifestyle, this cottage is your gateway to the good life on the water!

Listing Details

Taxes (2025)
$1,227
Originally Listed
$489,000
Listed
May 5, 2026

Price History

Property

Style
Bungalow
Construction
Vinyl Siding
Roof
Shingles
Foundation
Piers
Interior
Primary Bedroom - Main Floor, Water Heater Owned
Lot Size
80 x 60 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
6

Utilities

Sewer
Holding Tank
Heat Source
Other

Location & Legal

Cross Street
GREY ROAD #1
Zoning
R2
Parcel Number
370220157
Possession
Flexible
Occupancy
Owner

Waterfront

Water Body
Georgian Bay
Shoreline
Rocky
Docking
None

Schools

Elementary

  • St Basil's Separate School2.4 km

    Catholic · Bruce-Grey CDSB · 315 students

  • Hillcrest Elementary School3.2 km

    Public · Bluewater DSB · 480 students

    Grade 3 reading: 77% met the provincial standard · Grade 6 math: 22% met the provincial standard

  • Keppel-Sarawak Elementary School4.4 km

    Public · Bluewater DSB · 455 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 60% met the provincial standard

Secondary

  • Owen Sound District Secondary School Secondary School2.7 km

    Public · Bluewater DSB · 1285 students

    Grade 10 literacy: 81% met the provincial standard

  • St Mary's High School4.8 km

    Catholic · Bruce-Grey CDSB · 1035 students

    Grade 10 literacy: 80% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N0H

Population
53,674
Private dwellings
34,400
Median age
52.8
Average household size
2.3
Median household income
$86,000

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 Georgian Bluffs · last 12 months

Median sold price
$645,000
Homes sold
168
Median days on market
48
Sale-to-list price
94.5%

Based on 168 recorded sales of residential freehold properties in Georgian Bluffs over the last 12 months.

Rooms

3-piece on Main

Main

  • Bathroom6'8" x 5'7"
  • Bedroom10'2" x 9'5"
  • Kitchen12'5" x 10'3"
  • Living Room13'11" x 11'7"

Listed by

Peak® Point Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$87,800

Estimated Monthly Payment

$2,157

Land transfer tax

Estimated land transfer tax$5,255

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: $2,157/mo (20% down, 5.5%)

Taxes: $102/mo · Insurance: $110/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions A ductless heat pump wall unit ensures year-round comfort in any season!The kitchen delights with warm, vaulted pine-clad ceilings that radiate rustic charm, white cabinetry, and ample storage - everything you need to prepare weekend meals with ease and joy.The intimate bedroom, tucked beneath its …. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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