42 Lakeside Drive, Grimsby, ON

$1,599,000
MLS#:X13578572
4 beds
3 baths
1500-2000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of 540 - Grimsby Beach. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,599,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 75 x 150 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WHERE EVERY DAY FEELS LIKE A GETAWAY...Wake up to breathtaking Lake Ontario sunrises, unwind with spectacular evening skies, and experience the peace that only true WATERFRONT LIVING can provide. Set on an impressive and beautifully landscaped 75' x 150' waterfront lot, this gorgeous home at 42 Lakeside Drive is designed to showcase the views, with the lake taking centre stage from nearly every room - even the LUXURIOUS ENSUITE. Enjoy the rare advantage of RIPARIAN RIGHTS, a protected seawall, and private STEPS INTO THE LAKE, creating a waterfront lifestyle that is as practical as it is beautiful. Rich Brazilian cherry hardwood flooring flows throughout the OPEN CONCEPT main level. At the heart of the home, the GOURMET KITCHEN features a large island with built-in sink, 5-burner gas cooktop, two wall ovens, GRANITE counter tops, walk-in pantry, and seamless connection to the inviting living area, where a gas fireplace with live-edge mantel and granite surround creates the perfect gathering space. The primary suite is a true RETREAT - sunken sleeping area, oversized walk-in closet, PICTURE WINDOWS overlooking the lake, direct deck access PLUS a spa-like ensuite with extra deep walk-in shower. Two additional bedrooms and a full bathroom provide comfortable space for family or guests. The FINISHED LOWER LEVEL offers an oversized Family room, additional XL bedroom, 3-pc bathroom, workout room, and laundry with lake views, fruit cellar, and abundant storage. OUTDOORS IS A TRUE PARADISE! Enjoy two COMPOSITE decks (one with premium VanAm roof allowing natural light while blocking harmful UV rays), covered front porch, patio, phantom screens on exterior doors, attached DRIVE-THROUGH GARAGE, parking for 7+ vehicles, storage shed and a "town-approved" fire pit! Thoughtful updates including the roof, furnace, A/C and more provide peace of mind, leaving you free to embrace an extraordinary waterfront lifestyle. CLICK ON MULTIMEDIA for video tour, drone photos & more.

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Property Summary

This detached home located at 42 Lakeside Drive, Grimsby is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,599,000 with an estimated mortgage of $5,322* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 42 Lakeside Drive, Grimsby is in the 540 - Grimsby Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size75 × 150 Feet
CountyNiagara
Annual Tax$10,029.17
Legal DescriptionPLAN 4 PT LOT 412

Parking & Garage

Parking Total8.0
Parking Space7
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Hospital, Lake Access, Marina, Waterfront, Park

Interior Features

Auto Garage Door Remote, Central Vacuum, Water Heater Owned

Security Features

Community Features

Virtual Tours

Location

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42 Lakeside Drive, 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 42 Lakeside Drive, Grimsby, ON L3M 2L2

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$479,700 (30.0%)
* Minimum Canadian down payment required for this price is $319,800.
Amortization Period30 Years
Estimated Monthly Payment$5,322Based on a loan of $1,119,300 over 30 years.
Purchase Price$1,599,000
Loan Amount$1,119,300
Provincial Land Transfer Tax:$28,455
Total Estimated Closing Taxes:$28,455

About Purchasing a Home in Grimsby, ON

For a property listed at $1,599,000 in Grimsby, the legal minimum down payment is $319,800 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 $28,455 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 $28,455.

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City & 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$762,292

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%

Local Schools Guide

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

Homes & Housing

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.