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502183 Grey Road 1 Road

502183 Grey Road 1 Road

Georgian Bluffs, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
$1,199,000Price reduced 4%

Gorgeous private waterfront property on Colpoy's Bay with panoramic views of the bay and escarpment in every season. This beautiful property features a charming bungalow, gazebo, detached garage, heated workshop and garden sheds, all set on a stunning landscaped lot with mature trees for privacy. The bungalow offers an open eat-in kitchen with island and living area with large picture windows overlooking the water and a door to the composite deck, gazebo and backyard. The spacious primary bedroom features two windows, closet and wardrobe, with a large bathroom containing laundry beside. The original cottage includes a cozy living room with newer gas fireplace and spectacular water views, a second bedroom with views of the bay and a third bedroom with 3-piece bathroom. Basement crawl space contains water heater, furnace, pressure tank and jet well pump. The main house was built in 2001 and the original cottage in 1949. Outside, enjoy breathtaking waterfront scenery, a fenced backyard, flagstone patio area, 2 garden sheds, interlocking brick walkways, composite deck with retractable awning and beautiful gazebo-perfect for entertaining or relaxing. The detached heated & insulated workshop was built in 2012 and the detached garage with opener was built in 2018. Additional features include a well pump near the water for gardens and washing vehicles,(the water line and foot valve from the shore is heated for winter use), central air (2023), water system with filters, UV and softener, 200 amp, no rental items and a metal roof (which will be painted prior to closing). Included are photos provided by the Seller showing the incredible sunsets and northern lights displays visible from the property regularily. Located just minutes from Wiarton, this premium waterfront property must be viewed to be fully appreciated.

Listing Details

Taxes (2025)
$5,292
Originally Listed
$1,249,000
Listed
May 13, 2026

Price History

Property

Style
Bungalow
Construction
Brick, Vinyl Siding
Roof
Metal
Foundation
Poured Concrete
Interior
Generator - Partial, Primary Bedroom - Main Floor, Water Heater Owned, Water Purifier
Lot Size
150 x 86.75 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
9

Utilities

Water
Bored Well
Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
Grey Road 1
Parcel Number
370220140
Possession
Flexible
Occupancy
Owner

Included

Inclusions
fridge, stove, dishwasher, washer, dryer, wardrobe in primary bedroom
Exclusions
None
Rental Items
None

Waterfront

Water Body
Georgian Bay
Shoreline
Natural
Docking
None

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.

Listed by

Royal LePage RCR Realty

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$239,800

Estimated Monthly Payment

$5,890

Land transfer tax

Estimated land transfer tax$20,455

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: $5,890/mo (20% down, 5.5%)

Taxes: $441/mo · Insurance: $300/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 This beautiful property features a charming bungalow, gazebo, detached garage, heated workshop and garden sheds, all set on a stunning landscaped lot with mature trees for privacy.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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