$799,000
208 Pellisier Street, Grey Highlands, ON N0C 1E0
7 Beds
5 Baths
7 Parking
Imagine a home where the whole family fits... and it helps pay the bills! Welcome to this incredible 7-bedroom, 5-bathroom property in Eugenia, offering the perfect setup for multigenerational living, an income property, or a combination of both. Just a short 5-minute walk to the beach and minutes to the area's popular ski hills, this location offers a year-round lifestyle. Originally renovated in 2022/23 with approximately $350,000 in improvements, the home has been successfully operating as a licensed Airbnb since 2019, with the flexibility to continue generating income or accommodate family living. The thoughtful layout features two separate living spaces connected by a central shared living room. Inside, you'll find a spacious and welcoming interior with newer vinyl flooring, pot lights and updated bathrooms. The kitchen is well-equipped for hosting and large groups, featuring an industrial stove with venting. Wood fireplaces add warmth and character throughout the home. The property includes a 2 self-contained basement areas, each with two bedrooms, providing additional flexibility for guests or rental opportunity. A wrap-around deck creates the perfect space for relaxing and entertaining. Major mechanical updates include a new propane forced-air furnace and central air conditioning (2021), updated hot water tanks, and 400-amp electrical service. Outside, you'll find a detached garage with storage and a shed, offering plenty of room for tools, toys, and outdoor equipment. Currently generating strong short-term rental income with nightly rates ranging from $700-$900 and peak weeks around $3,000, this property offers exceptional flexibility and investment potential in one of Grey County's most desirable recreational areas. A rare chance to own a spacious home that can bring family together while also generating meaningful income.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow-Raised
Bedrooms Above Grade 3
Bedrooms Below Grade 4
Bathrooms 5
Kitchens 2
Basement Full, Finished
Exposure South
Possession Flexible

Building

Building Type Detached
Square Footage 2000-2500
Exterior Vinyl Siding, Brick
Foundation Poured Concrete
Roof Metal
Heating Forced Air
Heat Source Propane
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 132 x 165
Lot Size Area 0.5
Lot Size Units Feet
Frontage 132
Depth 165
Total Living Area 2000-2500

Land

Address 208 Pellisier Street, Grey Highlands, ON N0C 1E0
City Grey Highlands
Community Grey Highlands
County / Area Grey County
Cross Street Pellisier St & Inkerman St
Sewer Septic
Pool None
Parcel Number 372530591

Parking and Garage

Total Parking 7
Garage Spaces 1
Garage Type Detached
Parking Features Private Double

Taxes and Listing Info

List Price $799,000
Annual Taxes $5,848
Tax Year 2025
Status Active
Listing Date 2026-03-06T19:54:53Z
Updated 2026-05-26T19:49:05Z
MLS Number X12855968
Local Market Insight

What Buyers Should Know About 208 Pellisier Street, Grey Highlands, ON N0C 1E0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

208 Pellisier Street, Grey Highlands, ON N0C 1E0 is positioned in Grey Highlands, a part of Grey Highlands where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow-Raised, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Pellisier St & Inkerman St, public transit options, parking availability, and drive times to employment areas. A property with 7 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $799,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 7 bedrooms, 5 bathrooms, basement details marked as Full, Finished, and a lot size of 132 x 165, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Grey Highlands, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Grey Highlands. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 208 Pellisier Street, Grey Highlands, ON N0C 1E0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.