Unknown for 541 Mill St, West Grey Ontario N0G 2M0
1 day on Market

541 Mill St, West Grey, Ontario N0G 2M0

Townhouse
4
3
~2000-2500 sqft
$549,900
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Townhouse
4
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$247/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size13,322 SqFt(181.5 x 73.4)
Parking Spaces5
MLS ®NumberX12365216
Community NameWest Grey
Data SourceTRREB
Listing byPeak Edge Realty Ltd.

Features

Heating: Forced Air
Basement: Unfinished, Sep Entrance

Features

Lot size: 13,322 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Aug 26, 2025
ListedActive
$549,900
1 day on market
history photo preview19
Listing by trreb®
Property listed by Peak Edge Realty Ltd., Brokerage
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Market Data - West Grey

Geo Zone Map ThumbnailWest Grey

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

102 days

Compared to

2024

59 days

2023

32 days

New Listings

Past 30 days

4 listings

Compared to

2024

3 listings

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

4 units

2023

2 units

Median Sold Price

Past 30 days

$550,000

Compared to

2024

$514,500

2023

$610,000


Population and Demographics

Overview

Total population 14017
Average household income $112,124

Age (%)

0 to 19
21%
20 to 34
14%
35 to 49
15%
50 to 64
24%
65 and plus
26%

Household composition (%)

Single family
71%
Single person
26%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
94%
Others
3%
German
3%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget