
541 Mill Street
West Grey, ON N0G 2M0
- 4Bedrooms
- 3Bathrooms
- 5Parking
- 2000–2500Sq Ft
- $2,384Tax
- 73×182 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 541 Mill Street, West Grey
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-08-25 | 2026-03-26 | Login to See Prices | Expired | 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
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 541 Mill Street, West Grey
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $49,900 over $500K
$29,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,786 | $15,342 | $13,088 | $0 |
=Total mortgage | $540,441 | $510,252 | $480,503 | $439,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,491monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,473
$7,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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