Welcome to this scenic rural property with 3.4 acres of gently rolling lawn and lots of trees. The 1400+ sq. ft. house offers three bedrooms with sizeable closets and two baths. The lower level has a large, finished recreation room adding further living space. Nice open kitchen with updated cupboards and island. The dining room is open, bright and has ample room for a larger family. Featuring hardwood floors in the dining room and family room. The family room leads to a ground level deck overlooking the property. There are several out-buildings/ storage sheds for your hobbies and toys. This corner lot has two entrances off the main road with severance possibilities that the Township would have to approve. House has 100 AMP with space for more breakers and is connected to fibre optic internet service. Septic is a 4,545 litre (1,000 gallon) tank that was recently pumped (May 2026). Within 1.5 km of Ayton and the Normanby Community School. Adjacent to the towns of Hanover, Durham, and Mount Forest for shopping and other services.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $708 per square foot. Chat with Zara if you'd like a deeper read on whether this rural home fits your budget and timing.
Inside 112197 Grey Road 3 Rd N
Every detail from the listing, in one place.
Type
Rural Home
Style
Sidesplit
Living space
1100-1500 sq ftas stated on the listing
Parking
6 spaces
Basement
Crawl Space, Half
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Crawl Space · Half
Lot & land
Lot size (sqft)
3.4
Listing & possession
Property style
Sidesplit
Property class
Rural Residential
112197 Grey Road 3 Rd N Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,827
/mo
based on the purchase price of $779,000
$155,800 cash
$623,200 financed
$524,898 total interest
Principal54%$623,200
Interest46%$524,898
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in West Grey
Other 2–3 bed homes for sale in West Grey around $779K.
Average days on market62Homes sold in about 62 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings140Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 1 – Jul 30, 2026: prices down.
Based on 104 sales from Jul 30 – Oct 28, 2026 (65 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 112197 Grey Road 3 Rd N
How much is 112197 Grey Road 3 Rd N listed for?
112197 Grey Road 3 Rd N is listed at $779,000 (MLS® X13552854). Summitly updates the price as soon as the MLS® record changes.
Is $779,000 a good price for 112197 Grey Road 3 Rd N?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in West Grey. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 112197 Grey Road 3 Rd N changed?
Yes — it was first listed at $850,000 and is now $779,000, a drop of $71,000 (8.4%).
How many bedrooms and bathrooms does 112197 Grey Road 3 Rd N have?
112197 Grey Road 3 Rd N has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a rural home in West Grey.
How much would the monthly mortgage be on 112197 Grey Road 3 Rd N?
About $3,827 a month — principal and interest on $779,000 with 20% down ($155,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 112197 Grey Road 3 Rd N compare with other homes in West Grey?
Its asking price of $779,000 is about 35% above the median sold price in West Grey over the last 90 days, $577,500, across 104 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 112197 Grey Road 3 Rd N been sold before?
Summitly has no earlier MLS® sale or lease of 112197 Grey Road 3 Rd N on record from the last two years. Older records aren't shown under TRREB rules.
Where is 112197 Grey Road 3 Rd N?
112197 Grey Road 3 Rd N is in West Grey, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 112197 Grey Road 3 Rd N been on the market?
110 days — 112197 Grey Road 3 Rd N was listed on July 10, 2026.
What is the price per square foot of 112197 Grey Road 3 Rd N?
About $519 to $708 per square foot: the asking price of $779,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 112197 Grey Road 3 Rd N have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 112197 Grey Road 3 Rd N have a basement, and is it finished?
The listing describes the basement as: Crawl Space, Half.