240 Lookout Drive, West Grey, ON

$2,190,000
MLS#:X12375547
5 beds
4 baths
2000-2500 sqft
22.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of West Grey. Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $2,190,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
  • Features a full, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 22.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Carpet Free, Garburator
  • equipped with central air central cooling and highly efficient other heating via propane

Description

Discover elevated country elegance on 20 acres in the heart of Grey County a casual yet refined private retreat designed for both sophisticated entertaining and serene everyday living featuring stunning sunrise and sunset views and a seamless connection to nature. The Great Room commands attention with a floor-to-ceiling stone fireplace framed by an antique barn beam mantel and expansive windows capturing breathtaking vistas. Step outside to a covered deck ideal for outdoor entertaining or enjoy the gourmet kitchen featuring high-end appliances and a versatile Butler's Pantry with a second fridge and dishwasher, ideal for hosting with ease. The fully finished lower level is designed for luxury and versatility: in-floor heating, two additional bedrooms, a spacious rec room with wood-burning fireplace, kitchenette, bunk room (this home easily sleeps 14!), and a walk-out to a new hot tub & covered patio area. Additional highlights include the covered front porch (the ideal spot for watching the sunset), an oversized, heated, insulated double garage with durable Trusscore paneling, a meticulously landscaped yard with native plantings, mature trees, private walking trails through a managed forest and multiple activity areas. Outdoor enthusiasts will appreciate easy access to the Bruce Trail, Irish Lake, Lake Eugenia, Saugeen & Beaver Rivers, and nearby ski clubs offering 4-season recreation just minutes away. Perfectly situated close to Flesherton, Markdale, and Durham for daily conveniences, with Collingwood and Owen Sound within easy reach. This Lookout Drive property offers unparalleled privacy, refined luxury, and a lifestyle rich in adventure. More than a home, its a private country estate where comfort, seclusion, and elevated living converge. **Note: To help maximize value, sellers are taking steps to seek severance approvals affecting 3 acres. Details available for serious inquiries.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date9/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionHardboard
BasementFull, Finished with Walk-Out
CountyGrey County
Annual Tax$7,298.61
Legal DescriptionBlk68 Pl813 Glenelg; West Grey

Parking & Garage

Parking Spaces22.0
Garage Spaces20
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingCentral Air

Features

Property Features

Clear View, Cul de Sac/Dead End, Hospital, School Bus Route, Skiing, Wooded/Treed

Interior Features

Air Exchanger, Carpet Free, Garburator, Guest Accommodations, On Demand Water Heater, Primary Bedroom - Main Floor, Storage, Sump Pump, Upgraded Insulation, Water Heater Owned, Water Softener, Separate Heating Controls

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Virtual Tours

Location

Initializing map...
240 Lookout Drive, West Grey, ON
Loading local market trends...

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 240 Lookout Drive, West Grey, ON N0C 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$438,000 (20.0%)
* Minimum Canadian down payment required for this price is $438,000.
Amortization Period25 Years
Estimated Monthly Payment$10,440Based on a loan of $1,752,000 over 25 years.
Purchase Price$2,190,000
Loan Amount$1,752,000
Provincial Land Transfer Tax:$41,225
Total Estimated Closing Taxes:$41,225

About Purchasing a Home in West Grey, ON

For a property listed at $2,190,000 in West Grey, the legal minimum down payment is $438,000 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 $41,225 for this transaction. As this listing is in West Grey (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,225.

Nearby Listings

Distance:

No current listings found in West Grey.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$580,363

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

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.