125 Lake Drive, West Grey, ON N0C 1H0
  • $749,000

Overview

  • Detached, Style Bungalow
  • Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms

Description

Turn-key rural living meets income potential on this picturesque 6.2-acre property just minutes from Markdale. This charming 3-bedroom, 2-bath bungalow offers a rare opportunity to live and work from home with a fully equipped, municipally zoned dog boarding facility and versatile farm infrastructure. Previously operated as a highly regarded kennel for 17 successful years, the property features 15 indoor kennels with a fenced outdoor run and room to expand. With a strong past client base and ongoing demand, this is an ideal opportunity to step into an established business or create a new revenue stream.The land itself is equally impressive, with rolling pastures, mature trees, and a former apple orchard complete with walking trails stretching to the back concession. A barn with 5 box stalls, tack room, paddock, and additional outbuildings including a drive shed makes this an excellent fit for horses, hobby farming, or animal lovers alike. Inside, the home blends warmth and character with practical updates. The sun-filled kitchen overlooks your private acreage, while the finished walkout lower level adds valuable living space. Enjoy quiet mornings on the wraparound deck surrounded by nature. Updates include the roof (2013) propane furnace (2022) septic inspection/pump (2024) and water test is on file. Whether you’re looking to run a business, create a hobby farm, or simply enjoy peaceful country living with income potential, this property delivers flexibility, privacy, and opportunity in one complete package.

  • Address: Lake
  • City: West Grey
  • State/county: Grey County
  • Zip/Postal Code: N0C 1H0
  • Area: West Grey

Details

Updated on October 9, 2026 at 7:34 pm
  • Price $749,000
  • Bedrooms 3
  • Bathrooms 2
  • Type Detached, Style Bungalow
  • Property Status Residential Freehold

Additional details

  • Bedrooms 3
  • Tax Year 2025
  • Square Footage 700-1100
  • Washrooms 2
  • Kitchens 1
  • Total Kitchens 1
  • Family Room Yes
  • Basement Finished, Walk-Out
  • Approximate Age 51-99
  • Heating Type Forced Air
  • Heating Fuel Propane
  • Air Conditioning Window Unit(s)
  • Sewers Septic
  • Front 1338.21
  • Depth 208.38
  • Lot Size 5-9.99 acres
  • Driveway Private Double
  • Parking Spaces 4
  • Total Parking Spaces 4
  • Exterior Finish Stucco (Plaster)
  • Property Orientation East
  • Other Structures Barn, Box Stall, Kennel, Paddocks, Shed, Drive Shed, Tack House, Storage
  • Taxes 3422
  • Occupancy Owner
  • Cross Street Concession Rd.6 and Lake Dr.
  • Courtesy of eXp Realty
  • Price per Sq Ft ~$832 (at 900 sq ft)
  • Listed Apr 20, 2026 ยท 172 days on market

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Questions & answers

Frequently asked questions about 125 Lake Drive

Answers come straight from this home’s MLS® listing.

How much is 125 Lake Drive listed for?

125 Lake Drive is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,018 a month at 4.49% over 30 years, before property tax and utilities. That figure is an illustration, not a quote.

How many bedrooms and bathrooms does 125 Lake Drive have?

125 Lake Drive has 3 bedrooms and 2 bathrooms.

How big is 125 Lake Drive?

The listing puts the above-grade living space between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it does not include the basement.

What type of home is 125 Lake Drive?

125 Lake Drive is a detached bungalow in West Grey, West Grey. The exterior is stucco (plaster). The listing gives its age as 51-99 years.

Does 125 Lake Drive have a finished basement?

The basement is listed as finished, walk-out. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

How big is the lot at 125 Lake Drive?

The lot is 1,338.21 ft wide by 208.38 ft deep, which is about 278,856 sq ft if it is a regular rectangle. The listing gives the orientation as east.

Does 125 Lake Drive have a garage, and how much parking is there?

The listing does not show a garage. There is parking for 4 vehicles in total.

How is 125 Lake Drive heated and cooled?

Heating is forced air (propane). Cooling is window unit(s).

What are the property taxes for 125 Lake Drive?

Property taxes are $3,422 a year (2025), or about $285 a month.

What neighbourhood is 125 Lake Drive in?

125 Lake Drive is in the West Grey community of West Grey, Grey County Region. The nearest main intersection is Concession Rd.6 and Lake Dr.. The postal code is N0C 1H0.

Is 125 Lake Drive still for sale?

Yes. 125 Lake Drive is an active listing (MLS® X13022734), on the market since April 20, 2026. Listings here update from the board through the day and come down once a home sells.

Has 125 Lake Drive sold before, and for how much?

Past sales, leases and expired listings for this address are in the Sold history tab, with the price and date of each. It is free for members.

How do I book a showing at 125 Lake Drive?

Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

Have a different question? Ask about this home and get an answer, usually within the hour.