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122431 Grey County Road 5 Road
Georgian Bluffs Georgian Bluffs N4K 5N5

$349,900
Residential Freehold beds: 4 baths: 2.0

Main Photo: 122431 Grey County Road 5 Road - Georgian Bluffs - Georgian Bluffs (Georgian Bluffs) X13146186 - VIP
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X13146186
Bedrooms:
4
Bathrooms:
2
Nestled in the highly sought-after community of Waverly Heights just outside Owen Sound, this versatile bungalow offers an exceptional opportunity for homeowners, investors, or multi-generational living. Set on a peaceful property surrounded by the beauty of Grey County, the home features two separate living spaces with excellent income potential.The vacant main section offers 3 spacious bedrooms and 1 full bathroom, providing bright and comfortable living spaces ready for immediate occupancy or customization. The second section features a well-maintained 2 bedroom, 1 bathroom layout that is currently tenanted, offering built-in rental income from day one.Whether you're looking to offset your mortgage, expand your investment portfolio, or enjoy country-style living with flexible accommodations, this property delivers endless possibilities in one of the area's most desirable neighbourhoods. Conveniently located just minutes from Owen Sound's amenities, schools, shopping, and recreational opportunities, Waverly Heights is known for its quiet surroundings, mature properties, and welcoming community atmosphere.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
1 1/2 Storey
Approx. Age:
51-99
Total Approx Floor Area:
2000-2500
Lot Depth:
152'6¼"
Lot Frontage:
102'
Direction Faces:
North
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Well
Kitchens:
2
Bedrooms Above Grade:
4
Kitchens Above Grade:
2
Rooms Above Grade:
14
Zoning:
RU
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Shingles
Basement:
Half, Unfinished
Fireplace Features:
Wood Stove
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$227,000
Assessment Year:
2026
Development Charges Paid:
Unknown
Taxes:
$2,901 / 2025
Assessment:
$227,000.00 / 2026
Grey County
Georgian Bluffs
Georgian Bluffs
In-Law Capability, Separate Heating Controls
Fridge x 2 Stove x 2
Tenat belongings
Wood
Floor
Type
Size
Other
Main
Foyer
7'9" × 6'11½"
Main
Kitchen
13'5" × 10'1¼"
Main
Dining Room
12'6" × 8'11"
Main
Living Room
12'6" × 12'4"
Main
Family Room
23'7" × 11'8"
Upper
Primary Bedroom
13'9" × 10'1¼"
Upper
Bedroom 2
12'8" × 10'1"
Upper
Bedroom 3
11'5¾" × 10'½"
Ground
Kitchen
11'2¼" × 10'½"
Ground
Dining Room
11'3" × 10'½"
Ground
Bedroom 2
10'3" × 8'
Ground
Primary Bedroom
11'11" × 8'8"
Ground
Living Room
18'9" × 11'9"
Floor
Ensuite
Pieces
Other
Upper
No
4
6'11" x 10'1" 4 Pc Bath
Ground
No
-
6'10" x 7'11"
Special Designation:
Unknown
Sewers:
Septic
Air Conditioning:
None
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
May 19, 2026
Original Price:
Previous Price:
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    Main Unit Foyer
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    Main Unit Foyer
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    Main Unit Entrance
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    Main Unit Kitchen
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    Main Unit Kitchen
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    Main Unit Kitchen
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    Main Unit Kitchen
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    Main Unit Dining Room
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    Main Unit Dining Room
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    Main Unit Livingroom
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    Main Unit Dining Room
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    Main Unit Dining Room
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    Main Unit Back Family Room
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    Main Unit Back Family Room
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    Main Unit Upper Bedroom 1
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    Main Unit Upper 4pc Bathroom
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    Main Unit Upper 4pc Bathroom
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    Main Unit Upper Bedroom 2
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    Main Unit Upper Primary Bedroom
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    Main Unit Upper Primary Bedroom
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    Secondary Unit Second Bedroom
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    Secondary Unit 4 pc bathroom
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    Secondary Unit Primary Bedroom
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    Secondary Unit Diningroom
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    Secondary Unit LIvingroom
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    Secondary Unit Kitchen
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    Secondary Unit Kitchen
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    Secondary Unit Kitchen
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    Secondary Unit Kitchen & Diningroom
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Listed by eXp Realty
Data was last updated May 20, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$854,450
Min list price:
$325,000
Max list price:
$3,400,000
Avg days on market:
28
Min days on market:
1
Max days on market:
712
These statistics are generated based on the current listing's property type and located in Georgian Bluffs. Average values are derived using median calculations. This data is not produced by the MLS® system.
John DiRenzo, Sales Representative
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.