How much is 502233 Grey 1 Rd listed for?

502233 Grey 1 Rd is listed at $439,000 (MLS® X13092480). Summitly updates the price as soon as the MLS® record changes.

Is $439,000 a good price for 502233 Grey 1 Rd?

Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Georgian Bluffs. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 502233 Grey 1 Rd changed?

Yes — it was first listed at $489,000 and is now $439,000, a drop of $50,000 (10.2%).

How many bedrooms and bathrooms does 502233 Grey 1 Rd have?

502233 Grey 1 Rd has 1 bedroom and 1 bathroom, with about 700 square feet of living space. It is a detached home in Georgian Bluffs.

How much would the monthly mortgage be on 502233 Grey 1 Rd?

About $2,157 a month — principal and interest on $439,000 with 20% down ($87,800), 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 502233 Grey 1 Rd compare with other homes in Georgian Bluffs?

Its asking price of $439,000 is about 31% below the median sold price in Georgian Bluffs over the last 90 days, $638,500, across 60 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 502233 Grey 1 Rd been sold before?

Summitly has no earlier MLS® sale or lease of 502233 Grey 1 Rd on record from the last two years. Older records aren't shown under TRREB rules.

Where is 502233 Grey 1 Rd?

502233 Grey 1 Rd is in Georgian Bluffs, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 502233 Grey 1 Rd been on the market?

187 days — 502233 Grey 1 Rd was listed on May 5, 2026.

What is the price per square foot of 502233 Grey 1 Rd?

About $627 per square foot: the asking price of $439,000 over the 700 sq ft the listing gives.

Does 502233 Grey 1 Rd have parking or a garage?

Yes — the listing gives 6 parking spaces.

Does 502233 Grey 1 Rd have a basement, and is it finished?

The listing describes the basement as: Crawl Space.

For saleFair Price

DetachedOn market 187 daysPrice drop · $50,000 off (-10.2%)

502233 Grey 1 Rd, Georgian Bluffs

Name: 502233 Grey 1 Road
SKU: X13092480
Price: 439000 CAD
Availability: InStock

Georgian Bluffs, ON · · MLS® X13092480Updated August 28, 2026

$439,000Est. $2,157/mo mortgage

Bedrooms: 1
Bathrooms: 1
Living space: < 700sq ft
Parking spaces: 6

Type Detached
Basement Crawl Space

What you should know

502233 Grey 1 Rd is a 1-bedroom, 1-bathroom detached home in Georgian Bluffs, listed for $439,000. It has < 700 sq ft of living space.

Imagine waking up every morning to stunning waterfront views in this enchanting 1-bedroom, 1-bathroom cottage nestled along Grey Road #1 in the serene locale of Georgian Bluffs.
This charming retreat is thoughtfully designed to maximize comfort and connection with nature.The beautiful lot offers many different spots to enjoy outdoor living.
BasementCrawl Space, as described in the listing.

Ask Zara:

1 Bed, 1 Bath Detached Home in Georgian Bluffs

About 502233 Grey 1 Road

Imagine waking up every morning to stunning waterfront views in this enchanting 1-bedroom, 1-bathroom cottage nestled along Grey Road #1 in the serene locale of Georgian Bluffs. This charming retreat is thoughtfully designed to maximize comfort and connection with nature.The beautiful lot offers many different spots to enjoy outdoor living. The shed offers storage for lawn equipment & the waterside mini-workshop (or possible bunkie) is a great spot for you to putter away at your projects.Coming inside, the inviting living room is the heart of the home, where a charming wood-burning stove sets the mood for cozy evenings, while large picture windows frame breathtaking water views of Colpoy's Bay and open to beautiful outdoor deck & patio areas - perfect for morning coffee or sunset gatherings. A ductless heat pump wall unit ensures year-round comfort in any season!The kitchen delights with warm, vaulted pine-clad ceilings that radiate rustic charm, white cabinetry, and ample storage - everything you need to prepare weekend meals with ease and joy.The intimate bedroom, tucked beneath its own beautiful pine vaulted ceiling, offers a serene sanctuary with built-in storage, creating a snug and restful haven after days spent on the water.The bathroom is practical and bright, featuring a curved walk-in shower, tile flooring, and a natural light-filled window. Awesome additional features including: new heat pump & roof shingles 2025, insulated crawl space & stacking washer & dryer!Comes fully furnished complete with furniture and BBQ!You'll find pride of ownership is very evident here. A pleasure to show inside & out!Whether you're seeking a weekend getaway or a full-time lakeside lifestyle, this cottage is your gateway to the good life on the water!

1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $627 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 502233 Grey 1 Rd

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: < 700 sq ftas stated on the listing
Parking: 6 spaces
Basement: Crawl Space

Features & systems

Parking & garage

Parking spaces: 6

Interior

Basement: Crawl Space

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

502233 Grey 1 Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13092480−$50,000 (10.2%)$439,000
May 5, 2026For saleListedThis listingMLS® X13092480$489,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 502233 Grey 1 Rd Compares to the Georgian Bluffs Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 112 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Georgian Bluffs market, last 90 days

Median sold price: $638,500
Average sold price: $893,740
Average days on market: 64
Homes sold: 60

Closed sales on the TRREB MLS®.

Full Georgian Bluffs market report

Recently sold nearby in Georgian Bluffs

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home502233 Grey 1 Road 1 bd · 1 ba · 700 sqft	$439,000asking	$627	—	—
122318 Grey Rd 5 Road 4 bd · 3 ba · 1,100 sqft
317670 6&10 Highway 3 bd · 2 ba · 1,500 sqft
441090 Elm Street 3 bd · 2 ba · 1,500 sqft
280134 Sideroad 15 N/A 3 bd · 2 ba · 1,100 sqft
339486 Presqu'ile Road 2 bd · 2 ba · 1,100 sqft
183 Lakeshore Road 2 bd · 3 ba · 1,100 sqft

122318 Grey Rd 5 Road
4 bd · 3 ba · 1,100 sqft
317670 6&10 Highway
3 bd · 2 ba · 1,500 sqft
441090 Elm Street
3 bd · 2 ba · 1,500 sqft
280134 Sideroad 15 N/A
3 bd · 2 ba · 1,100 sqft
339486 Presqu'ile Road
2 bd · 2 ba · 1,100 sqft
183 Lakeshore Road
2 bd · 3 ba · 1,100 sqft

Living in Georgian Bluffs: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From 502233 Grey 1 Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 502233 Grey 1 Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,157; 20% down · 25 years · 5.5% assumed
Property tax: $241; 0.66% mill rate · ON
Total per month: $2,398; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

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

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,157

/mo

based on the purchase price of $439,000

Down payment20%

$87,800 cash

Amortization25 yr

$351,200 financed

Rate5.50%

$295,803 total interest

Principal54%$351,200

Interest46%$295,803

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

For homeowners nearby

Own a home on Grey 1 Road? See what yours is worth

Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.

Free · No obligation · Backed by Coldwell Banker

Book a tour of 502233 Grey 1 Rd with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 502233 Grey 1 Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Listing brokerage: Peak® Point Real Estate, BrokerageMLS® X13092480 · Listing data last updated August 28, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed May 4· $627/sq ft

Estimated monthly mortgage$2,157/moMortgage only · 20% down · 5.5% assumed

Adjust

Talk to a Real Estate Advisor · (905) 553-8500(main line)

Ask a question about this home

Get pre-approved for this home Run your scenario →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Price alert

We'll email you if this price drops.

5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

Similar homes for sale nearby in Georgian Bluffs

Other 2–4 bed homes for sale in Georgian Bluffs around $439K.

See all single-family homes for sale in Georgian Bluffs

Homes for sale in Georgian Bluffs

Every active Georgian Bluffs MLS® listing, updated all day.

Browse all Georgian Bluffs listings

Explore More Detached Homes in Georgian Bluffs

Curated MLS® searches this property belongs to — same city, same shape of home.

Single-family homes in Georgian Bluffs

502233 Grey 1 Rd, Georgian Bluffs

What you should know