Gurvinder Nokwal REALTOR®
For Sale Detached 181 days on market

$749,000 ↓ $50,000 from $799,000

Est. payment $3,316/moCalculate yours

125 Lake Drive, West Grey, ON N0C 1H0

West Grey, West Grey, ON N0C 1H0

  • 3 Beds
  • 2 Baths
  • 700 Sq Ft
Map

Listing courtesy of eXp Realty MLS® X13022734

About this home

Turn-key rural living meets income potential on this picturesque 6.2-acre property just minutes from Markdale. This charming 3-bedroom, 2-bath bungalow offers a rare opportunity to live and work from home with a fully equipped, municipally zoned dog boarding facility and versatile farm infrastructure. Previously operated as a highly regarded kennel for 17 successful years, the property features 15 indoor kennels with a fenced outdoor run and room to expand. With a strong past client base and ongoing demand, this is an ideal opportunity to step into an established business or create a new revenue stream.The land itself is equally impressive, with rolling pastures, mature trees, and a former apple orchard complete with walking trails stretching to the back concession. A barn with 5 box stalls, tack room, paddock, and additional outbuildings including a drive shed makes this an excellent fit for horses, hobby farming, or animal lovers alike. Inside, the home blends warmth and character with practical updates. The sun-filled kitchen overlooks your private acreage, while the finished walkout lower level adds valuable living space. Enjoy quiet mornings on the wraparound deck surrounded by nature. Updates include the roof (2013) propane furnace (2022) septic inspection/pump (2024) and water test is on file. Whether you’re looking to run a business, create a hobby farm, or simply enjoy peaceful country living with income potential, this property delivers flexibility, privacy, and opportunity in one complete package.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
Price Change
Approximate Age
51-99
Size
700 sqft

Interior

Bedrooms
3
Bathrooms
2
Kitchens
1
Basement
Finished, Walk-Out

Building & Systems

Heating
Forced Air (Propane)
Cooling
Window Unit(s)
Exterior
Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
1338.21 x 208.38 Feet
Parking
None garage · 4 total
Zoning
A3-356

Financial

Property Taxes
$3,422 (2025)

Location

Neighbourhood
West Grey
Cross Street
Concession Rd.6 and Lake Dr.
Direction Faces
East

Listing

MLS® Number
X13022734
Days on Market
181
Listed On
2026-04-20
Possession
TBD
Listed By
eXp Realty

Rooms

Room Level Dimensions
Living Room Main 14′ 8″ × 14′ 0″
Bathroom Lower 7′ 3″ × 5′ 8″
Bedroom Main 11′ 9″ × 10′ 3″
Bedroom 3 Main 7′ 8″ × 9′ 8″
Utility Room Lower 12′ 4″ × 14′ 0″
Bedroom 2 Main 11′ 8″ × 9′ 7″
Workshop Lower 8′ 0″ × 14′ 11″
Recreation Lower 26′ 1″ × 14′ 0″
Bathroom Main 11′ 8″ × 4′ 1″
Laundry Lower 13′ 1″ × 14′ 10″
Foyer Main 7′ 8″ × 4′ 11″
Kitchen Main 13′ 5″ × 14′ 10″
Pantry Lower 10′ 0″ × 4′ 6″

Features

Interior

  • Primary Bedroom - Main Floor
  • Workbench

Pool

  • None
Included
Fridge, Stove, Dishwasher, Washer, Dryer
Excluded
Stand Up Freezer
Rental items
Propane Tank

Mortgage calculator

Minimum for this price: $49,900 (6.66%)

Amortization, years

Estimated mortgage payment

$3,316 per month

Principal and interest
$3,316
Property tax
$285
Estimated monthly cost
$3,602

Your mortgage

Mortgage amount
$599,200
Mortgage insurance
Not needed
Interest over 25 years
$395,723

Cash to close

Down payment
$149,800
Land transfer tax
$11,455
Total, before legal fees
$161,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

125 Lake Drive, West Grey, ON N0C 1H0 West Grey, West Grey, ON N0C 1H0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$749,000 125 Lake Drive, West Grey, ON N0C 1H0
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