Looking for a home that blends lifestyle and income potential? This rare find near Owen Sound offers a beautifully renovated 3-bedroom bungalow, a self-contained in-law apartment, and a fully outfitted commercial workshop all on 1.57 private acres with pond and in-ground pool. With just over 2,100 square feet in the main home, plus two additional income-ready spaces, this is a unique opportunity to live, work, and invest. Check out our TOP 5 reasons why this multi-use retreat should be your next move! #5: LOCATION WITH FLEXIBILITY: Situated in Springmount where commercial business thrives, this property offers quick access to city amenities while still delivering countryside tranquillity. With highway frontage and a spacious driveway, it's ideal for entrepreneurs, tradespeople, or anyone craving space and freedom.#4: MODERNIZED FAMILY HOME: The main residence features a stone exterior, a brand new open-concept kitchen with bright white ceiling-height cabinetry, quartz countertops and backsplash, living and dining areas, 3 bright bedrooms, laundry, plus a 5-piece bath. A large island and picture windows make the space perfect for family gatherings. #3: BONUS IN-LAW APARTMENT: Attached to the main home, the in-law suite includes a kitchen, living room, 4-piece bath with shower, a bedroom, and private deck walkout offering potential as a short- or long-term rental. #2: COMMERCIAL WORKSHOP + OFFICE: A fully insulated and renovated 2,200 sq. ft. detached commercial space features two private offices, a showroom-style reception area, storage, and a large open-bay workshop. With a previous commercial tenant having leased the space for $2,500 per month, it is excellent for a business or your creative venture. #1: PRIVATE OUTDOOR PARADISE: The backyard is built for enjoyment, with an in-ground pool, large patio, a gazebo, and even a picturesque pond. Mature trees and wide-open skies make it feel like a private resort the ultimate weekend-at-home retreat.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Detached
Property Attached:
Yes
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
2000-2500
Lot Size:
.50-1.99
Lot Depth:
173'52.7 m
Lot Frontage:
395'120 m
Lot Details:
173 x 395
Topography:
Level
Direction Faces:
East
Bedrooms:
4+0
Bathrooms:
2.0
Water supply:
Well
Kitchens:
2
Kitchens in Basement:
0
Bedrooms Above Grade:
4
Bedrooms Below Grade:
0
Kitchens Above Grade:
2
Rooms Above Grade:
12
Rooms Below Grade:
0
Rooms:
23
Fractional Ownership:
No
Zoning:
M1 and EP
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Oil
Fireplaces:
1
Cooling:
No
New Construction:
No
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
None
Fireplace Features:
Natural Gas
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
10.0
Other Structures:
Workshop, Storage, Additional Garage(s)
Parking Features:
Private Double, Other
Parking Spaces:
10
Total Parking Spaces:
20.0
Rural services:
Cell Services
Family Room:
No
Possession Details:
Flexible
Lot Irregularities:
1.57 ACRES
Pool:
Inground
Link:
No
HST Applicable To Sale Price:
Included In
Development Charges Paid:
Unknown
Taxes:
$6,206 /
2024
Assessment:
$- /
-
Grey County
Owen Sound
Owen Sound
Fenced Yard
In-Law Suite, Sump Pump, Water Heater Owned, Water Softener
Patio, Private Pond
Carbon Monoxide Detectors, Smoke Detector
NONE
Dishwasher, Dryer, Garage Door Opener, Hot Water Tank Owned, Microwave, Pool Equipment, Refrigerator, Stove, Washer
Data was last updated October 29, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
102
Avg list price:
$607,400
Min list price:
$249,000
Max list price:
$3,499,999
Avg days on market:
61
Min days on market:
1
Max days on market:
652
These statistics are generated based on the current listing's property type
and located in
Owen Sound. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.