318611 Grey Road 1 Owen Sound, Ontario N4K 5N4

$579,900

Welcome to 318611 Grey Rd 1, a unique triplex nestled on a picturesque one-acre lot in the sought-after Balmy Beach community. Perfectly positioned across from Indian Falls and just steps from a public boat launch on Lake Huron. Recent updates include all new windows, a re-shingled roof, new eavestroughs, ensuring peace of mind for years to come. Beautiful appointed with field stone on the exterior. Each of the three units has been designed with privacy in mind, offering individual outdoor spaces for residents to enjoy. Unit 1 features two bedrooms and a full bathroom. Unit 2 offers a one-bedroom layout with a full bath. While Unit 3 provides two bedrooms, a full bathroom, and a bonus loft space. The flexible floor plan presents exciting potential to convert the property into a spacious duplex or a single-family home, depending on your needs.The detached garage, currently used as an art studio, is insulated from the exterior to showcase the 100 year old exposed wood framing, concrete floors, and electric heat, making it an inspiring space for creative pursuits or a workshop. Two additional sheds provide ample storage for outdoor equipment and seasonal items. With two separate driveways, parking is never an issue.On Municipal water and septic system. Natural gas is available at the road for future upgrades.This exceptional location is perfect for outdoor enthusiasts and investors alike, offering easy access to hiking trails, the Balmy Beach convenience store and LCBO. Endless opportunities for boating and exploring Lake Huron. Whether youre seeking a solid investment, a multi-generational retreat, or a prime short-term rental opportunity. This property delivers versatility, comfort, and a coveted lakeside lifestyle. Experience the best of Balmy Beach living-book your private viewing today! (id:42776)

Property Details

MLS® Number	X12136345
Property Type	Multi-family
Community Name	Owen Sound
Amenities Near By	Beach
Community Features	School Bus
Equipment Type	Water Heater - Electric
Features	Wooded Area, Guest Suite
Parking Space Total	4
Rental Equipment Type	Water Heater - Electric
Structure	Patio(s)

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Age	51 To 99 Years
Amenities	Fireplace(s), Separate Heating Controls, Separate Electricity Meters
Basement Type	Partial
Exterior Finish	Stone, Log
Fire Protection	Smoke Detectors
Fireplace Present	Yes
Foundation Type	Stone
Heating Fuel	Electric
Heating Type	Baseboard Heaters
Stories Total	2
Size Interior	2,500 - 3,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Land Amenities	Beach
Landscape Features	Landscaped
Sewer	Septic System
Size Depth	270 Ft
Size Frontage	108 Ft ,4 In
Size Irregular	108.4 X 270 Ft
Size Total Text	108.4 X 270 Ft
Surface Water	River/stream
Zoning Description	Nec

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Loft	2.15 m	4.53 m	2.15 m x 4.53 m
Second Level	Bedroom	5.3 m	2.95 m	5.3 m x 2.95 m
Second Level	Bedroom 2	5.24 m	2.26 m	5.24 m x 2.26 m
Main Level	Living Room	3.23 m	4.41 m	3.23 m x 4.41 m
Main Level	Living Room	4.43 m	4.88 m	4.43 m x 4.88 m
Main Level	Bathroom	2.12 m	1.59 m	2.12 m x 1.59 m
Main Level	Bedroom 4	4.21 m	3.71 m	4.21 m x 3.71 m
Main Level	Bedroom 5	3.36 m	3.13 m	3.36 m x 3.13 m
Main Level	Kitchen	2 m	3.13 m	2 m x 3.13 m
Main Level	Bathroom	1.83 m	1.94 m	1.83 m x 1.94 m
Main Level	Kitchen	4.18 m	3.46 m	4.18 m x 3.46 m
Main Level	Bathroom	2.31 m	1.44 m	2.31 m x 1.44 m
Main Level	Living Room	4.59 m	5.16 m	4.59 m x 5.16 m
Main Level	Bedroom 3	4.21 m	2.28 m	4.21 m x 2.28 m
Main Level	Kitchen	5.77 m	4.81 m	5.77 m x 4.81 m

https://www.realtor.ca/real-estate/28286631/318611-grey-road-1-owen-sound-owen-sound