125 Lake Drive, West Grey, ON N0C 1H0
West Grey · Near Concession Rd.6 and Lake Dr. · View map
About this home
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.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 10
- Basement
- Finished, Walk-Out
- Lot size
- 1338.2 x 208.4 ft
- Faces
- East
- View
- Orchard, Meadow, Pasture, Lake, Trees/Woods
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $3,422/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Concession Rd.6 and Lake Dr.
- Neighbourhood
- West Grey
More
- Price per sq ft
- ~$832 (at 900 sq ft)
- Listed
- Apr 20, 2026 · 175 days ago
- MLS® number
- X13022734
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The home and its surroundings
- Primary Bedroom - Main Floor
- Workbench
- Deck
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
125 Lake Drive, West Grey, ON N0C 1H0
West Grey · Near Concession Rd.6 and Lake Dr.
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Listing history for 125 Lake Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 125 Lake Drive
Answers come straight from this home’s MLS® listing.
How much is 125 Lake Drive listed for, and what would it cost each month?
125 Lake Drive is listed for $749,000. With 20% down ($149,800), the mortgage payment would be roughly $3,021 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,306 a month, all in. That figure is an illustration, not a quote.
Is 125 Lake Drive freehold or a condo, and is there a monthly fee?
125 Lake Drive is a bungalow in West Grey. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 125 Lake Drive have?
125 Lake Drive has 3 bedrooms and 2 bathrooms.
Does 125 Lake Drive have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 125 Lake Drive have a finished basement?
The listing describes the basement as finished, walk-out. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 125 Lake Drive?
125 Lake Drive is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 125 Lake Drive, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 1338.2 x 208.4 ft.
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.
Where is 125 Lake Drive?
125 Lake Drive is in West Grey. The nearest main intersection is Concession Rd.6 and Lake Dr.. The postal code is N0C 1H0.
How long has 125 Lake Drive been on the market?
125 Lake Drive was listed on April 20, 2026. It has been on the market for 175 days. It is an active listing (MLS® X13022734). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 125 Lake Drive asking?
Similar bungalow-style homes for sale nearby right now include 344511 North Line at $699,900 (3 bed), 543795 Dutch Line at $799,900 (3 bed) and 574286 Sideroad 40 at $799,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 125 Lake Drive sold for?
Recent sales, leases and expired listings for this home and others at the same 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.
Similar bungalows nearby
More bungalow-style homes for sale near West Grey, picked by style, size and price.
Bungalow$699,900344511 North Line, West Grey3 bed · 3 bath · West GreyCourtesy of: Forest Hill Real Estate Inc.View home →
Bungalow$799,900543795 Dutch Line, West Grey3 bed · 3 bath · West GreyCourtesy of: REVEL REALTY INC.View home →
Bungalow$799,900574286 Sideroad 40, West Grey3 bed · 2 bath · West GreyCourtesy of: Coldwell Banker Neumann Real EstateView home →Courtesy of: eXp Realty
PropTx MLS® assumes no responsibility for the accuracy of any information shown. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.