432 Park Street W, West Grey, ON
West Grey · Saugeen River · View map
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About this property
12 acres in West Grey with steady rental income, serviced road frontage, and direct river access. Set well back off the road down a private driveway, two separate detached homes are fully occupied by tenants, bringing in immediate dual rental income. Each home features a practical living space and separate utilities. The property gives you a few distinct land advantages, Frontage Development, Municipal water, sewer, and natural gas lines were recently brought along Park Street West. With active residential builds across and beside the property, the front land offers real potential for future builds or severances. Saugeen Riverfront, the back of the parcel opens up to roughly 920 feet of private shoreline on the Saugeen River, with flat, open grounds right at the water for camping, fishing, or kayaking. Seller has never lived in either home. Buyer to complete their own due diligence with the Municipality of West Grey regarding zoning, severance potential, servicing hookup fees, and building permits. A solid setup for an investor wanting reliable cash flow with land equity, or a live-in buyer wanting a mortgage helper.
The property
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Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.
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