| Number: | 12 |
| Type: | Grey Cup |
| Date: | November 29, 1924 |
| Stadium: | Varsity Stadium |
| City: | Toronto |
| Visitor Name: | Queen's University |
| Home Name: | Toronto Balmy Beach Beachers |
| Visitor Colour: | Queen's University |
| Home Colour: | Toronto Balmy Beach Beachers |
| Visitor Coach: | Billy Hughes |
| Home Coach: | A. Rodden & A. Buett |
| Visitor Record: | 4–0 |
| Home Record: | 3–1 |
| Visitor1: | 2 |
| Visitor2: | 3 |
| Visitor3: | 6 |
| Visitor4: | 0 |
| Home1: | 0 |
| Home2: | 1 |
| Home3: | 0 |
| Home4: | 2 |
| Attendance: | 5,978 |
The 12th Grey Cup was played on November 29, 1924, before 5,978 fans at Varsity Stadium at Toronto.
Queen's University defeated the Toronto Balmy Beach Beachers 11–3.