472 JACOB Street, West Grey, ON

$979,900
MLS#:X10847064
4 beds
3 baths
3500-5000 sqft
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of West Grey. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $979,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 3500-5000 sqft
  • 12.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Brick & Beam, Countertop Range, Workbench
  • equipped with central air central cooling and highly efficient heating via ground source

Description

Talk about a unique oppourtunity! This one-of-a-kind property sits at the edge of Neustadt, a charming village offering shops, bakeries, park & rec areas, and the historic Neustadt Springs Brewery. Head down the private drive to your own personal paradise, 7.5 acres of land offering beautiful greenspace, walking trail, spring fed pond stocked with brown & speckled trout, and the Meux Creek running through the back of the property. Formerly a saw mill, this 4284 sq ft home offers more than enough space for the family. All 4 bedrooms are located on the second level along with 2 full bathrooms, although the spacious main level office could be easily converted into a main level bedroom with an ensuite, should that be a desire. The main level also features your laundry, living space, dining room, kitchen with built-in appliances, 2 pc bathroom, and a large enclosed sun porch which wraps around the South West corner of the home. A second living space on the upper level makes a great rec room or play room for the kids. You’ll notice lovely character throughout, from the deep window sills to the solid oak church doors which welcome you into the home. A geothermal furnace provides efficient heat and central air conditioning to the house which was fully spray foamed by the previous owners. The 30’ x 32’ attached garage is insulated making it an excellent workshop area or place to park your vehicle and toys. With a door from the garage to the covered front porch, you’ll never have to carry your groceries in through the rain. This property must be seen to be fully appreciated. Book your showing today!

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Property Summary

This detached home located at 472 JACOB Street, West Grey is currently for sale and has been available on SousaSells for 703 days. This property is listed at $979,900 with an estimated mortgage of $3,262* per month. It has 4 beds, 3 bathrooms, and is 3500-5000 square feet. 472 JACOB Street, West Grey is in the West Grey neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date8/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBoard & Batten , Brick
BasementNone
CountyGrey County
Annual Tax$2,742.73
Legal DescriptionPT LT 1-2 CON 13 NORMANBY PT 1-2 17R2906; WEST GREY

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceGround Source
CoolingCentral Air

Features

Property Features

Lake/Pond

Interior Features

Brick & Beam, Countertop Range, Workbench, Sewage Pump, Propane Tank, Water Heater Owned, Water Softener

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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472 JACOB Street, West Grey, 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 472 JACOB Street, West Grey, ON N0G 2M0

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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$293,970 (30.0%)
* Minimum Canadian down payment required for this price is $72,990.
Amortization Period30 Years
Estimated Monthly Payment$3,262Based on a loan of $685,930 over 30 years.
Purchase Price$979,900
Loan Amount$685,930
Provincial Land Transfer Tax:$16,073
Total Estimated Closing Taxes:$16,073

About Purchasing a Home in West Grey, ON

For a property listed at $979,900 in West Grey, the legal minimum down payment is $72,990 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 $16,073 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 $16,073.

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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$578,876

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.