342 Mountain Road, Grimsby, ON

$3,490,000
MLS#:X13161440
5 beds
3 baths
1500-2000 sqft
9.0 parking
Residential Freehold
342 Mountain Road, Grimsby, ON L3M 4E7

Property Highlights

Welcome to this remarkable Sidesplit farm located in the coveted neighborhood of 055 - Grimsby Escarpment. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $3,490,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 567.53 x 661.66 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 9.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Exceptional opportunity at 342 Mountain Road in beautiful Grimsby. Situated in a prime Niagara location, this unique property features a fully operational approximately 125,000 sq. ft. greenhouse facility, offering incredible potential for agricultural operators, investors, or business owners looking to expand their growing operations. The property combines functional infrastructure with a desirable location surrounded by wineries, farmland, and easy highway access. A rare chance to acquire a large-scale greenhouse operation in one of Ontario's most sought-after agricultural communities. Endless potential for greenhouse cultivation, floriculture, produce growing, or future agri-business opportunities.

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Property Summary

This farm located at 342 Mountain Road, Grimsby is currently for sale and has been available on SousaSells for 77 days. This property is listed at $3,490,000 with an estimated mortgage of $11,617* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 342 Mountain Road, Grimsby is in the 055 - Grimsby Escarpment neighborhood.

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

Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in 055 - Grimsby Escarpment, Grimsby.

Highly Recommended for Families
What We Love About This Home
  • 5 spacious bedroom layout offering versatile living space
  • 3 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in 055 - Grimsby Escarpment, Grimsby.

Target Buyer Match

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleSidesplit
ConstructionBrick, Metal/Steel Siding
BasementFull, Finished
Lot Size567.53 × 661.66 Feet
CountyNiagara
Annual Tax$10,137.9
Legal DescriptionPT LT 9 CON 5 NORTH GRIMSBY AS IN RO564958; GRIMSBY

Parking & Garage

Parking Total9.0
Parking Space7
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 342 Mountain Road, Grimsby, ON

Q.What is the asking price for 342 Mountain Road, Grimsby, ON ?

The current listing price for 342 Mountain Road, Grimsby, ON in 055 - Grimsby Escarpment, Grimsby is $3,490,000.

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

This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 342 Mountain Road, Grimsby, ON ?

342 Mountain Road, Grimsby, ON is a Farm (Sidesplit) featuring a Full, Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 9.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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342 Mountain Road, 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 342 Mountain Road, Grimsby, ON L3M 4E7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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$1,047,000 (30.0%)
* Minimum Canadian down payment required for this price is $698,000.
Amortization Period30 Years
Estimated Monthly Payment$11,617Based on a loan of $2,443,000 over 30 years.
Purchase Price$3,490,000
Loan Amount$2,443,000
Provincial Land Transfer Tax:$73,725
Total Estimated Closing Taxes:$73,725

About Purchasing a Home in Grimsby, ON

For a property listed at $3,490,000 in Grimsby, the legal minimum down payment is $698,000 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 $73,725 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 $73,725.

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055 - Grimsby Escarpment, Grimsby Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 055 - Grimsby Escarpment, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,575,766

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 055 - Grimsby Escarpment, Grimsby

Elementary Schools

Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Our Lady of Fatima
Public69 Olive Street, Grimsby, Ontario, L3M 2C3
7.2
Park Public
Public217 Main Street East, Grimsby Beach, Grimsby, Ontario, L3M 1P5
9.8

Secondary Schools

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

055 - Grimsby Escarpment, 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.