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501192 Grey 1 Road

501192 Grey 1 Road

Georgian Bluffs, ON

  • 3 bed
  • 3 bath
  • approx. 3000-3500 sqft
  • Detached
  • 73 days on market
$619,900Price reduced 3%

Set on just over an acre in a highly desirable location overlooking beautiful Colpoy's Bay, this inviting property offers the perfect blend of privacy, natural beauty, and convenience. With municipal water and natural gas services, you can enjoy the comfort of in-town amenities while still experiencing the peace and serenity of country living. From the home and your own private access to the top of the escarpment, take in breathtaking views and immerse yourself in the stunning landscape that makes this area so sought after. The spacious yard provides endless room for children to explore, outdoor entertaining, or simply relaxing in your own private retreat. Inside, the home features 3 bedrooms, 3 bathrooms, and a functional layout designed for comfortable everyday living. Cozy up beside the fireplace on cooler evenings while enjoying the surrounding nature views through the windows. The lower-level suite offers excellent flexibility for multi-generational living, an in-law suite, or potential income opportunities through long or short-term rentals. Located along scenic Island View Drive, this property is just minutes from Wiarton and all the incredible amenities the area has to offer, including shopping, schools, restaurants, marina facilities, boat launches, public water access, the arena, hospital, and airport. Outdoor enthusiasts will appreciate the close proximity to the Bruce Trail, Georgian Bay, and the world-renowned attractions of the Bruce Peninsula, including Sauble Beach, The Famous Grotto, Tobermory, and countless hiking, boating, fishing, and snowmobile trails. Whether you are searching for a year-round home, weekend retreat, or investment opportunity with strong Airbnb potential, this is a rare chance to own a special property in one of the most scenic areas of the Bruce Peninsula. Immediate occupancy is available. Contact your REALTOR today to book your private showing and start enjoying everything this exceptional property and area have to offer.

Listing Details

Taxes (2025)
$4,230
Originally Listed
$640,000
Listed
July 8, 2026

Price History

Listing history

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Property

Style
Chalet
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Air Exchanger, Auto Garage Door Remote, Water Heater Owned
Lot Size
230 x 205.84 Feet

Parking

Garage
Attached
Covered Spaces
1
Total Parking
5

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
Frank Street and Grey Road 1
Parcel Number
370230071
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Refridgerator, Stove, Dishwasher, Microwave Range Hood, Washer - Dryer, Window Coverings
Rental Items
Central Air Conditioner

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
$638,500
Homes sold
168
Median days on market
48
Sale-to-list price
94.3%

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

Rooms

3-piece on Ground, 4-piece on Main, 5-piece on Second

Upper

  • Bathroom13'1" x 11'9"
  • Other8'4" x 6'4"
  • Primary Bedroom28'10" x 15'1"

Main

  • Bathroom8'6" x 7'10"
  • Bedroom13'10" x 12'
  • Dining Room14'11" x 11'11"
  • Kitchen13'4" x 11'5"
  • Living Room28'10" x 11'7"

Ground

  • Bathroom7'3" x 5'7"
  • Bedroom13'5" x 11'7"
  • Family Room14'2" x 13'6"
  • Foyer13'7" x 12'
  • Other15'6" x 5'6"
  • Utility Room7'7" x 5'9"

Listed by

RE/MAX Grey Bruce Realty Inc.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$123,980

Estimated Monthly Payment

$3,045

Land transfer tax

Estimated land transfer tax$8,873

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: $3,045/mo (20% down, 5.5%)

Taxes: $353/mo · Insurance: $155/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions in law suite. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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