3-5 Olive Street, Grimsby, ON

$1,875/mo
MLS#:X13024360
2 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
3-5 Olive Street Unit 3, Grimsby, ON L3M 2B4
⚠️

Property no longer active

This property was leased on May 5, 2026. This listing is for reference purposes only. to view the leased price.

Property Highlights

Welcome to this remarkable Apartment multiplex located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,875 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 123.64 x 167.87 ft lot
  • 1.0 total parking spaces available
  • Notable attributes: None
  • Efficient baseboard heating via gas

Description

Experience easy living with this bright and inviting 2-bedroom apartment, ideally located in beautiful Grimsby. This unit features large windows that bathe the spacious living room in natural light. Each bedroom is a good size and offers convenient closet space, while the kitchen provides ample cupboards to keep your home organized and clutter-free. The kitchen also comes equipped with a fridge, stove and ample counter space, making it the perfect place to inspire your culinary adventures. And the location is simply unbeatable! Step outside and enjoy morning strolls along nearby trails, leisurely afternoons in local parks, or weekend escapes to the charming wine country all just minutes from your doorstep. Surrounded by natural beauty, with Beamer Memorial Conservation Area, Forty Mile Creek, Nelles Beach, and picturesque wineries and orchards nearby, there's always something to explore. As an added bonus, easy access to the QEW makes commuting to Toronto or exploring the Niagara Region a breeze. Whether you're a nature lover or a commuter, this location truly offers the best of both worlds. Don't miss the chance to become part of a friendly and vibrant community, where convenience and amenities are second to none. Tenant is responsible for paying their own hydro, internet/cable and tenant insurance in addition to the monthly rent amount.

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Property Summary

This multiplex located at 3-5 Olive Street, Grimsby is currently for sale and has been available on SousaSells for 107 days. This property is listed at $1,875 with an estimated mortgage of $6* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 3-5 Olive Street, Grimsby is in the 540 - Grimsby Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 540 - Grimsby Beach, Grimsby.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusLeased
Listed Date4/21/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeMultiplex
Architectural StyleApartment
ConstructionBrick
BasementNone
Lot Size123.64 × 167.87 Feet
CountyNiagara

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingNone

Features

Property Features

  • Park
  • Lake/Pond

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 3-5 Olive Street, Grimsby, ON

Q.What is the asking price for 3-5 Olive Street, Grimsby, ON ?

The current listing price for 3-5 Olive Street, Grimsby, ON in 540 - Grimsby Beach, Grimsby is $1,875.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 3-5 Olive Street, Grimsby, ON ?

3-5 Olive Street, Grimsby, ON is a Multiplex (Apartment) featuring a None basement.

Q.What key property features does 3-5 Olive Street, Grimsby, ON offer?

Key property features include: Park, Lake/Pond.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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3-5 Olive Street, Grimsby, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 3-5 Olive Street Unit 3, Grimsby, ON L3M 2B4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Grimsby.

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Interest Rate4.00%
Down Payment$563 (30.0%)
* Minimum Canadian down payment required for this price is $94.
Amortization Period30 Years
Estimated Monthly Payment$6Based on a loan of $1,312 over 30 years.
Purchase Price$1,875
Loan Amount$1,312
Provincial Land Transfer Tax:$9
Total Estimated Closing Taxes:$9

About Purchasing a Home in Grimsby, ON

For a property listed at $1,875 in Grimsby, the legal minimum down payment is $94 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9 for this transaction. As this listing is in Grimsby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9.

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540 - Grimsby Beach, Grimsby Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 540 - Grimsby Beach, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$802,129

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 540 - Grimsby Beach, Grimsby

Elementary Schools

Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Smith
Public18, Grimsby-on-the-Lake, Grimsby, Ontario
9.1
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4

Secondary Schools

Blessed Trinity
Public145 Livingston Avenue, Grimsby-on-the-Lake, Grimsby, Ontario, L3M 5J6
7.1

540 - Grimsby Beach, Grimsby Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.