Was listed for:Expired Mar 26, 2026
$549,900

541 Mill Street

West Grey, ON N0G 2M0

Multiplex ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 541 Mill Street, West Grey

2025-08-25
2026-03-26
Expired
Price
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MLS#
x12365216

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 541 Mill Street, West Grey

Excellent investment opportunity with this well maintained turn key triplex that was fully renovated in 2012. This solid brick two story victorian home offers a two bedroom unit and two one bedroom units. The two bedroom unit features kitchen, enclosed porch and living room on main floor with private patio overlooking the back yard. Upstairs is two bedrooms and 4 piece bath. The second unit is all on the main floor level with open concept kitchen livingroom, 4 piece bath and nice sized bedroom with access to private back patio. The third upper unit offers an open concept kitchen living room, good sized bedroom and 4 piece bath. All units have private entrances, in suite laundry and separate electrical panels. Updates in 2012 include electrical, insulation, plumbing, new kitchens, bathrooms, flooring, windows, doors and sound bar for noise reduction. New high efficiency forced air propane furnace installed in 2021. Natural gas is available and currently applied for and approved for installation. New shingles applied to side porch roof in 2021. All fully rented and located in the heart of beautiful Neustadt, only 10 minutes to Hanover.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,384
Land Transfer Tax Fee
$7,473

Rental Items

Rental Equipment
Propane tanks (3)

Basement Type
Unfinished, Separate Entrance

Interior Features

Interior Extras
Carpet Free, Separate Hydro Meter, Upgraded Insulation, Water Heater, Sump Pump
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio, Porch Enclosed
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
73.40 ft
Lot Depth
181.50 ft
Lot Size
13322.1

Inclusions

Inclusions
3 fridges, 3 stoves and 3 hot water heaters, sump pump

Exclusions

Exclusions
All tenant belongings including all washers and dryers

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Telephone
Yes

Bedrooms
4
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece, Second
  • 4-piece, Second
  • 4-piece, Main

Municipality
West Grey
Neighbourhood
West Grey
Main cross streets
Jacob street
Zoning
C1
Directions
To main street Neustadt ( mill street) house number 541 on east side of street

MLS® number
X12365216
Data source
Toronto Regional Real Estate Board
Status change
2026-03-26
Listed on
2025-08-25
Days on market
213 days
Possession type
Flexible
Co-op commission
2%+hst- reduced to 1% if shown by listing agent
Seller
Listed by
Peak Edge Realty Ltd.

Home Market Value

Current home valuation for 541 Mill Street, West Grey, West Grey, ON. Listed for $549,900

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Estimated Sales Range

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HOMEH Estimate for 541 Mill Street, West Grey

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Mortgage Payment Calculator

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West Grey, ON
Minimum Down Payment Required:5.5%

5% on first $500K + 10% on $49,900 over $500K

Minimum down payment

$29,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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+CMHC insurance
$20,786$15,342$13,088$0
=Total mortgage
$540,441$510,252$480,503$439,920
Amortization
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Payment frequency
=Mortgage payment
$2,639monthly$2,491monthly$2,346monthly$2,148monthly
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Land Transfer Tax

Provincial

$7,473

Total Land Transfer Tax

$7,473

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