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582 Garafraxa Street

582 Garafraxa Street

West Grey, ON

  • 4 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Detached
  • 46 days on market
$424,900

Best Chance For Investor Or First Time Buyer To Own This Renovated House. Three Units. Each Unit Has Its Own Entrance, Kitchen And Full Bathroom. Very Good Rental Income. Highway Location. Easy To Change For Commercial Zoning. Across from ESSO Gas Station And Shops. Keep The Property For Rental Income Or Change Zoning For Future Development. Potential Rental Income: $ 3,300 ($1,600 Main + $900 Basement + $800 Second Floor). Approximate Expenses: Insurance $1,400/Year, Water $495/3 Months, Gas $100/Month, Electricity $90/Month

Listing Details

Taxes (2025)
$1,980
Listed
July 21, 2026

Price History

Listing history

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Property

Style
1 1/2 Storey
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Block
Interior
Accessory Apartment, Carpet Free, In-Law Suite
Lot Size
146.22 x 74.37 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Queen St S & Park St W
Zoning
R2
Parcel Number
373170233
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
3 Fridges, 3 Stoves, Washer & Dryer.
Exclusions
N/A.

Schools

Elementary

  • Spruce Ridge Community School0.8 km

    Public · Bluewater DSB · 355 students

    Grade 3 reading: 75% met the provincial standard · Grade 6 math: 28% met the provincial standard

  • St Peter's & St Paul's Separate School2 km

    Catholic · Bruce-Grey CDSB · 200 students

    Grade 3 reading: 90% met the provincial standard · Grade 6 math: 47% 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 N0G

Population
86,935
Private dwellings
35,896
Median age
40.8
Average household size
2.6
Median household income
$83,000

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
$599,999
Homes sold
225
Median days on market
40
Sale-to-list price
95.3%

Based on 225 recorded sales of residential freehold properties in West Grey over the last 12 months.

Rooms

4-piece on Main, 3-piece on Second, 3-piece on Basement

Second

  • Bathroom7' x 5'
  • Bedroom7'6" x 7'6"
  • Kitchen14'6" x 9'
  • Living Room14' x 10'

Main

  • Bathroom7' x 5'
  • Bedroom11' x 11'
  • Bedroom11'3" x 9'
  • Kitchen10'6" x 10'6"
  • Living Room13'3" x 10'9"

Basement

  • Bathroom7'2" x 4'3"
  • Bedroom13'3" x 8'
  • Kitchen10'6" x 8'6"
  • Recreation59'2" x 7'6"

Listed by

ROYAL STAR REALTY INC.

Walk Score

48

Walk

37

Bike

Scores by Walk Score®

Mortgage Calculator

$84,980

Estimated Monthly Payment

$2,087

Land transfer tax

Estimated land transfer tax$4,973

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: $2,087/mo (20% down, 5.5%)

Taxes: $165/mo · Insurance: $106/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 Very Good Rental Income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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