2 Terra Drive, Grey Highlands, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Grey Highlands. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $6,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Premium 883.23 x 583.09 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
A rare opportunity to acquire a substantial industrial asset in the heart of Grey County. This 92,816 sq. ft. free-standing industrial building sits on 10.7 acres, offering flexibility for a wide range of heavy industrial uses. Located just 30-40 minutes south of Owen Sound, Thornbury, and Collingwood, surrounded by established regional employers including Chapman's Ice Cream and Medike Leather Products. The property features clear heights of 12'-14', 5 truck-level doors, 1 drive-in door and surface parking for approximately 85 vehicles. Property sold in "As Is" condition. Current owner will need up to 6-24 months sale leaseback.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Terra Drive, Grey Highlands, ON N0C 1H0
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About Purchasing a Home in Grey Highlands, ON
For a property listed at $6,500,000 in Grey Highlands, the legal minimum down payment is $1,300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $148,975 for this transaction. As this listing is in Grey Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $148,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.