40 TORONTO Street, Grey Highlands, ON

$574,999
MLS#:X12125645
1 beds
2 baths
1100-1500 sqft
15.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Grey Highlands. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $574,999 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.

  • 1 Bedroom and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 70 x 165 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 15.0 total parking spaces available
  • Notable attributes: Brick & Beam
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful brick 2 storey completely renovated and updated to offer a turnkey interior brick and beam retail or office space, zoned C1 and with a spacious 1 bedroom apartment on the second floor. Located in the heart of Markdale on Toronto Street S and sitting on a double size lot just up from the intersection of Hwy 12. High traffic location in a fast growing town. Second floor apartment offers additional steady rent. Ample parking. Markdale's rapid growth is now including a new hospital, a new school, and several residential developments that will add over 300 new homes to the town. By appointment

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Property Summary

This detached home located at 40 TORONTO Street, Grey Highlands is currently for sale and has been available on SousaSells for 440 days. This property is listed at $574,999 with an estimated mortgage of $1,914* per month. It has 1 bed, 2 bathrooms, and is 1100-1500 square feet. 40 TORONTO Street, Grey Highlands is in the Grey Highlands neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 12, 2025
Sold price information is available to members only
Listed Date5/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished, Full
Lot Size70 × 165 Feet
CountyGrey County
Annual Tax$1,687
Legal DescriptionLT 4 BLK E PL 582 MARKDALE; PT LT 3 BLK E PL 582 MARKDALE AS IN R535868 EXCEPT R495810 MUNICIPALITY OF GREY HIGHLANDS

Parking & Garage

Parking Total15.0
Parking Space15
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital

Interior Features

Brick & Beam

Security Features

Community Features

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Location

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40 TORONTO Street, Grey Highlands, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 TORONTO Street S, Grey Highlands, ON N0C 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grey Highlands.

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Interest Rate4.00%
Down Payment$172,500 (30.0%)
* Minimum Canadian down payment required for this price is $32,500.
Amortization Period30 Years
Estimated Monthly Payment$1,914Based on a loan of $402,499 over 30 years.
Purchase Price$574,999
Loan Amount$402,499
Provincial Land Transfer Tax:$7,975
Total Estimated Closing Taxes:$7,975

About Purchasing a Home in Grey Highlands, ON

For a property listed at $574,999 in Grey Highlands, the legal minimum down payment is $32,500 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 $7,975 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 $7,975.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Grey Highlands, Grey Highlands.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$854,152

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.