Bungalow with industrial shop on 3 acres near Durham

Property details for 333424 Concession 1, West Grey

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 3
Lot Size: 197 x 658 FT
Stories: 1
Basement: Finished, Full
Parking: Garage, RV
Heating: Forced air, Propane
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,432

This 4-bed, 3-bath bungalow sits on 3 acres just outside Durham. Its main floor has three bedrooms and hardwood floors throughout. Downstairs you get a finished basement with a rec room, wet bar, and fourth bedroom plus a bathroom. Outside there's a partially fenced yard with an inground pool, pool house, and a fire pit area. That 30' x 53' heated shop out back is the real kicker, with concrete floors, hydro, water, and its own 2-piece bath. It's zoned M1 industrial, so you could run a business right here. You're 0.8 km from Spruce Ridge Community School and about 1 km from Tim Hortons and Rowan Moon Bistro. With 21 parking spots including RV space, there's plenty of room. Taxes run $3,432 a year. At $990,000, it's priced above the $565,000 median for the area, but that industrial zoning adds options most homes don't have.

About 333424 Concession 1, West Grey — Property Score

Feature Rich Strong Investment Hot Market

Score: 69/100

Value

Priced 12.6% above area median of $879,450 based on 40 comparable properties nearby 51

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

3 bathrooms - typical for similarly priced properties 60

129,626 sqft lot - an oversized lot for the area 90

Location

$55K median household income - below the Canadian average of $70K 57

77% of residents hold postsecondary credentials - a highly educated neighbourhood 85

66% homeownership rate - a balanced mix of owners and renters 76

83% of residents commute under 30 minutes - excellent commuter accessibility 96

390/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 84 days on market 100

+63% median price change over 1 month - rising prices in the area 100

11.8 months of housing supply - 47 active listings with 4 sold last month (buyer's market) 40

Features

21-car garage - more than the area average of 10.5 spots 95

Finished, Full basement - adds valuable living space 85

standard forced air system 75

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

Pool - premium features that add significant value 65

Investment

0.35% effective tax rate ($3,432/yr) - very low tax burden 90

34% renter population - moderate rental market 71

Quality

Condition

Listing

46 photos provided - 12% more than the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.