318611 GREY ROAD 1, Owen Sound, Ontario

$579,900

5 Beds
3 Baths

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:56241)

Listing ID: X12136345
Property Type: Multi-family

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Rooms

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

Details

Amenities Nearby: Beach
Community Features: School Bus
Equipment: Water Heater - Electric
Features: Wooded area, Guest Suite
Parking Spaces: 4
Rental Equipment: Water Heater - Electric
Structure: Patio(s)
Transaction: For sale
Zoning Description: NEC

Building

Amenities: Fireplace(s), Separate Heating Controls, Separate Electricity Meters
BasementType: Partial
Bedrooms Main Level: 5
Exterior Finish: Stone, Log
Fireplace Present: True
Fire Protection: Smoke Detectors
Foundation: Stone
Bathrooms (Total): 3
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 2500 - 3000 sqft
Stories Total: 1.5
Type: Triplex
Utility Water: Municipal water

Land

Amenities: Beach
Landscape Features: Landscaped
Sewer: Septic System
Size Frontage: 108 ft ,4 in
Size Irregular: 108.4 x 270 FT
Surface Water: River/Stream

Listing provided by Royal LePage Exchange Realty Co.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 318611 GREY ROAD 1 in Owen Sound Ontario. It was last modified on May 9th, 2025. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Owen Sound real estate for sale.

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