432 Park Street W

West Grey, ON N0G1R0

About this property

12 acres in West Grey with steady rental income, serviced road frontage, and direct river access. Set well back off the road down a private driveway, two separate detached homes are fully occupied by tenants, bringing in immediate dual rental income. Each home features a practical living space and separate utilities. The property gives you a few distinct land advantages, Frontage Development, Municipal water, sewer, and natural gas lines were recently brought along Park Street West. With active residential builds across and beside the property, the front land offers real potential for future builds or severances. Saugeen Riverfront, the back of the parcel opens up to roughly 920 feet of private shoreline on the Saugeen River, with flat, open grounds right at the water for camping, fishing, or kayaking. Seller has never lived in either home. Buyer to complete their own due diligence with the Municipality of West Grey regarding zoning, severance potential, servicing hookup fees, and building permits. A solid setup for an investor wanting reliable cash flow with land equity, or a live-in buyer wanting a mortgage helper. (id:13843)

About this property

12 acres in West Grey with steady rental income, serviced road frontage, and direct river access. Set well back off the road down a private driveway, two separate detached homes are fully occupied by tenants, bringing in immediate dual rental income. Each home features a practical living space and separate utilities. The property gives you a few distinct land advantages, Frontage Development, Municipal water, sewer, and natural gas lines were recently brought along Park Street West. With active residential builds across and beside the property, the front land offers real potential for future builds or severances. Saugeen Riverfront, the back of the parcel opens up to roughly 920 feet of private shoreline on the Saugeen River, with flat, open grounds right at the water for camping, fishing, or kayaking. Seller has never lived in either home. Buyer to complete their own due diligence with the Municipality of West Grey regarding zoning, severance potential, servicing hookup fees, and building permits. A solid setup for an investor wanting reliable cash flow with land equity, or a live-in buyer wanting a mortgage helper. (id:13843)

Features and Additional Information

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$1,099,000 Active
6 Bed(s)
3
Baths
1,500 sqft

Presented By Trevor Docherty, Broker/Owner

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Royal LePage RCR Realty
1-519-323-4145
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Area Information

| County |

$ 1,099,000
This listing is play_arrow 76.1% higher than the average in the area
$ 624,000 in the area
1,500 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,500 SqFt in the area
$ 733 $/SqFt
This listing is play_arrow 76.1% more than the average in the area
$ 416 $/SqFt in the area
38 days on site
This listing is play_arrow 45.7% below the average in the area
70 days on site in the area

Schools in the Area

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Listed By MERLE BRUBACHER
Brokerage: Royal LePage RCR Realty

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