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241787 16 CONCESSION
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Beds
5
Baths
3
Sqft
—
Year
—
Type
Single Family
On market
81d
Bring the entire family. Set quietly along a country road nearly 4 acres just outside Neustadt and Ayton. Thoughtfully updated in all the right places; while keeping the character. The nanny suite makes this property something else entirely. Grandparents who want their independence but want to be close. Adult kids moving back. A live-in nanny. Two families splitting the costs. However it works for your family, this home makes it possible.The kitchen has been updated and built for big families; with two dining areas and a walk-in pantry.With four generously sized bedrooms; and the option for a fifth. The attic is unfinished, and full of potential. Whether it becomes extra living space, a studio, or something entirely your own... it's ready when you are.A long, tree-lined driveway, farmland surrounding you in every direction.There's a large shop that makes working from home possible. Heated, with water, an office, and a mezzanine. Run a business out of it. Store equipment. Build things. If you've been looking for a shop this size, you already know they are hard to come by.A grain bin still on the property. You've got a front porch for slow mornings, and a large side deck ready for summer dinners and farmland is every direction.And when winter hits, the wood furnace brings next level of comfort.This isn't a perfect, polished, brand-new home-and that's exactly the point.It's full of character. And it offers something that's getting harder to find-Space, privacy, and a home that still feels like it has a story to tell. SHOP: 62ft x 54ft | 200amp | In-Floor Heat | 18ft Height (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Other | 1.4 × 6.4 meters | |
| Other | 7.3 × 4.8 meters | |
| Other | 5.6 × 6.6 meters | |
| Furnace | 7.8 × 3.7 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Mud room | 4.1 × 6.5 meters | |
| Dining room | 3.8 × 5.4 meters | |
| Dining room | 3.9 × 4.1 meters | |
| Pantry | 2.2 × 2.7 meters | |
| Bathroom | 2.5 × 2 meters | |
| Kitchen | 7.9 × 3.9 meters | |
| Living room | 4.2 × 4.3 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 3.7 × 2.1 meters | |
| Bathroom | 2.2 × 6.5 meters | |
| Primary Bedroom | 6.7 × 3.6 meters | |
| Bedroom | 3.4 × 4.1 meters | |
| Bedroom | 4.2 × 3 meters |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Other | 15.1 × 8 meters |
Flat
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 8.5 × 7.6 meters | |
| Bedroom | 4 × 3.5 meters | |
| Bathroom | 2.1 × 2.4 meters | |
| Other | 1.8 × 2.4 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.70%
Cap rate
4.72%
GRM
13.9
Break-even rent
$7,908
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for West Grey. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.