47 Mountain Street, Grimsby, ON

$499,000
MLS#:X13568432
3 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 542 - Grimsby East. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 3 Bedrooms and 1 Bathroom with 2 functional kitchens
  • Generous living space spanning < 700 sqft on a premium 41.88 x 112.82 ft lot
  • Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the incredible potential of this charming starter home, ideal for first-time buyers, investors, or those looking to create their dream space. Featuring a desirable walk-out basement, this property offers endless possibilities for customization and added living space. Located in one of Grimsby's most sought-after neighbourhoods, you'll enjoy the convenience of being within walking distance of the picturesque downtown, with its boutique shops, cafés, and local amenities. Set in the heart of Niagara Wine Country, you'll be surrounded by award-winning wineries, exceptional restaurants, scenic trails, and year-round outdoor recreation.

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Property Summary

This detached home located at 47 Mountain Street, Grimsby is currently for sale and has been available on SousaSells for 1 day. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 3 beds, 1 bathroom, and is < 700 square feet. 47 Mountain Street, Grimsby is in the 542 - Grimsby East neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
2
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementPartially Finished, Full
Lot Size41.88 × 112.82 Feet
CountyNiagara
Annual Tax$3,223
Legal DescriptionPT LT 95 CP PL 4 GRIMSBY AS IN RO226953; GRIMSBY

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Place Of Worship, School

Interior Features

None

Security Features

Community Features

Location

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47 Mountain 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 47 Mountain Street, Grimsby, ON L3M 3K2

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.

Market Trend
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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$149,700 (30.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period30 Years
Estimated Monthly Payment$1,661Based on a loan of $349,300 over 30 years.
Purchase Price$499,000
Loan Amount$349,300
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Grimsby, ON

For a property listed at $499,000 in Grimsby, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 542 - Grimsby East, Grimsby.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,066,567

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

Park Public
Public217 Main Street East, Grimsby Beach, Grimsby, Ontario, L3M 1P5
9.8
Grand Avenue
Public14 Grand Avenue, Grimsby Beach, Grimsby, Ontario, L3M 2R7
7.9
Nelles
PublicGrimsby, Ontario, L3M 1H3
9.4
Lakeview
Public33 Olive Street, Grimsby, Ontario, L3M 2B9
7.3
Central
Public5 Boulton Avenue, Grimsby, Ontario, L3M 1H6
8.1

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.